Head of Fund Accounting (North America), Senior Vice President

This business-critical role is based in Boston, North America. 

Who we are looking for

North America Head of Fund Accounting is a key leadership position within the Global Fund Accounting Team in Global Delivery. North America Head of Fund Accounting is responsible for organization, management and delivery of the entire suite of accounting services to clients in North America. The accounting team is responsible for delivering core services to State Street end customers. The North America Head of Fund Accounting function is directly accountable for positive and consistent service delivery and client outcomes. This role requires significant leadership across North America.

The North America Head of Fund Accounting is responsible for leading and developing a team of over 500 in North America people focused on the following core activities:

• Multi-jurisdictional accounting including daily share class net asset value calculation

• Maintaining client books and records in accordance with agreed accounting standards

• This role will involve active engagement and oversight of the India services delivered to the North America clients.

What you will be responsible for

As a North America Head of Fund Accounting, Senior Vice President you will ensure

• Accounting activities are performed, and services are delivered to clients in accordance with all contractual and client service level agreements. Focus on client outcomes, problem solving, cooperating and communicating with rest of organization to achieve shared success

• High standards of accuracy and timeliness, delivering services in an efficient and controlled manner with a continuous focus on improving quality and productivity.  Ensure timeliness and accuracy of NAV calculations across all accounting platforms to include, MCH and PAM. Does not include AIS accounting services.

• Operating policies, procedures and controls are documented, adhered to and are compliant with relevant SOC/ISAE controls and regulatory requirements.

• Key metrics, performance and risk indicators are in place 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

• Financial performance to operating plan, forecasts are accurate, headcount and expenses are actively managed and agreed efficiency targets are achieved

• Fund Accounting are appropriately represented, prepare for and actively participate at client meetings, presentations and due diligence reviews.

• Actively manage executive global stakeholders across Global HUBS, Global Delivery and Institutional Services. Partnering with other hubs on best practice sharing, optimal operating model

• Business continuity planning and execution. Development of a scalable, robust operating model that delivers resiliency. Strategic interactions with key stakeholders and partners to ensure continued operations.

• 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.

• Control, risk, compliance/ethics and internal audit reviews or inspections are fully supported and there are no open or overdue actions for accounting.

What we value

North America Head of Fund Accounting is a key position and requires senior leadership and advanced skills in areas such as:

• 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

• Navigate a large, global organization. Build meaningful relationships and develop an effective network

• Able to process feedback and develop meaningful actions to resolve identified challenges along 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

• Work successfully in a matrixed environment. Effectively manage multiple stakeholders, determine highest priorities for the organization, identify and resolve contention between directives

• Proven leadership skills as well as managing and developing a high performing operations team

• Exceptional communication and relationship management skills, with an ability to think strategically, manage complexity, significant change and multiple key priorities.

• Excellent time management, presentation skills and communic