State Street Bank Poland
Our Company State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $26.03 trillion in assets under custody and administration and $2.24 trillion in assets under management as of September 30, 2013, State Street operates globally in more than 100 geographic markets and employs 29,230 worldwide. For more information, visit State Street's website at http://www.statestreet.com/. Promoting a culture of excellence With more than 29,230 employees across 29 countries, at State Street, our people are our greatest asset. We recognize that highly skilled, engaged and productive employees are essential to our success. |
| Wymagania: |
- accountancy or Business related degree (preferred),
- excellent English,
- numeracy / Literacy skills,
- accuracy and ability to work to tight deadlines,
- PC literate and competent in use of spreadsheets and word processing,
- basic understanding of fund administration would be useful but not essential,
- previous experience in fund administration preferred but not essential.
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| Obowiązki: |
Purpose Of Role : Fund ExpenseAdministrator is responsible for processing the fund expenses and all associated tasks, including collecting authorization, VAT calculations, expense allocation to the sub-funds, payments, reconciliation and reporting. He or she must ensure all invoices are processed in a timely matter and according to the standards and procedures set forth Specific Duties:
TECHNICAL COMPETENCIES INVOICES PAYMENT AND RECONCILIATION :
- screen received invoices and determine entities / funds concerned, split method, need for currency conversion and applicable VAT treatment,
- instruction and follow up with concerned team for custody payments and cross sub-funds transfers,
- instruction and follow up for execution of currency conversions,
- accounting processing of payments,
- custody vs Accounting reconciliation,
- follow up on rejected / returned payments VAT : Determine whether VAT is applicable and calculate where necessary, Contact the client to resolve VAT calculation issues.
OTHER :
- maybe required to undertake the review of invoices tasks prepared by other team members,
- involvement in departmental ad-hoc projects,
- involvement in the training and development of other team members as necessary,
- make recommendations for changes to processes and procedures and prepare documentation for review as required.
NON - TECHNICAL COMPETENCIES : COMMUNICATION :
- resolve review points highlighted by Senior Fund Expense Administrator and team supervisor and ensure they are kept informed of progress,
- establish and maintain good working relationships with internal clients and colleagues,
- contacts and maintains good working relationships with appointed client and vendor representatives in order to gather authorization and clarify any issues around fund expenses ORGANISATION : * Undertake appropriate housekeeping duties e.g. filing, archiving, operation of clean desk policy.
TRAINING AND PERSONAL DEVELOPMENT :
- work with Senior Fund Expense Administrator / Team supervisor to identify objectives at the start of each year and keep them up to date,
- actively participate in the appraisal process by completing a self-evaluation and suggesting appropriate development,
- take responsibility for personal development and training.
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