Fund Accounting, Managing Director

State Street Frankfurt

Stellenbeschreibung:

Position Title

Germany Head of Fund Accounting, MD

Location

Frankfurt am Main, Hesse, Germany

Employment Type

Full-time

Seniority Level

Not Applicable

Job Overview

Germany Head of Fund Accounting, MD is a key leadership position within the EMEA Fund Accounting Team in Global Delivery. You will be responsible for the management and delivery of the entire suite of accounting services to clients in Germany. The accounting team is responsible for delivering core services to State Street end customers. The Fund Accounting function is directly accountable for positive and consistent service delivery and client outcomes. Reporting to the EMEA Head of Fund Accounting and ensuring services are meeting or exceeding State Street Standards globally.

Primary Responsibilities

KVG accounting services including managing the multiple service teams on SimCorp which are part of the daily net asset value calculation
Maintaining client books and records in accordance with agreed accounting standards
Active engagement with and formal oversight of the Poland Outsource Service Provider
As part of the EMEA FA Leadership Team, responsibilities may extend beyond Germany as the business requires
Business ownership of third party Fund Accounting applications e.g. SimCorp
Ensure accounting activities are performed and services are delivered to clients in accordance with all contractual and client service level agreements, focusing on client outcomes, problem solving, cooperating and communicating with the rest of the organization
Maintain high standards of accuracy and timeliness, delivering services efficiently and with continuous focus on improving quality and productivity; ensure timeliness and accuracy of NAV calculations (does not include AIS accounting services)
Document, adhere to, and ensure operating policies, procedures and controls are compliant with relevant SOC/ISAE controls and regulatory requirements
Maintain key metrics, performance and risk indicators to track volumes, manage growth, service delivery quality, cost, productivity, efficiency and risk; identify and develop opportunities for transformation and capacity creation; drive productivity and operational effectiveness
Ensure financial performance to operating plan, forecasts are accurate, headcount and expenses are actively managed and agreed efficiency targets achieved
Represent the Fund Accounting function appropriately, prepare for and actively participate in client meetings, presentations and due diligence reviews
Develop and lead a large team, fostering high performance and creating a destination for top talent; develop effective modes of communication, delegation, talent development, employee engagement, and succession planning
Ensure business continuity planning and execution; develop a scalable, robust operating model that delivers resiliency. Strategic interactions with key stakeholders and partners to ensure continued operations
Support control, risk, compliance/ethics and internal audit reviews or inspections with no open or overdue actions for accounting

What We Value

A proven track record at a senior global level in asset servicing or asset management. Over 15 years' leadership experience within operations and or technology
Ability to navigate a large, global organization, build meaningful relationships and develop an effective network
Ability to process feedback and develop meaningful actions to resolve identified challenges within reasonable timescales
Solid technical knowledge of accounting and fund services; deep experience interfacing at a senior level with clients across product segments, market trends, third party managers and regulators
Proven leadership skills and managing and developing a high performing operations team
Exceptional communication and relationship management skills; ability to think strategically, manage complexity, significant change and multiple key priorities
Excellent time management, presentation skills and communication to multiple levels (clients, other 3rd parties, executives, peers, subordinates); flexibility across multiple communication formats
Proven track record of achieving/exceeding financial goals through expense discipline and headcount management
Cross-cultural awareness and ability to connect with colleagues globally in a collaborative, open work environment; serve as a role model of acceptance and flexibility in dealing with colleagues with varying backgrounds
Willingness for regular business travel

Education & Preferred Qualifications

15 years+ experience in financial services, presently in a leadership role managing large operations
Technical knowledge of fund accounting activities and associated regulations
Experience interfacing at a senior level with Clients, service providers and Regulators

About State Street

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.