State Street Fund Accountant Reviews | Glassdoor.com.au

State Street Fund Accountant Reviews

Updated 14 Aug 2019

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Found 379 reviews

2.9
StarStarStarStarStar
Rating TrendsRating Trends
56%
Recommend to a Friend
82%
Approve of CEO
State Street CEO Ronald O’Hanley
Ronald O’Hanley
10 Ratings
  1. "Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fund Accountant in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at State Street full-time for more than 5 years

    Pros

    Strong team environment. Supportive and flexible management support. Variety of responsibilities. Good benefits.

    Cons

    Chop and change easily on processes... Whilst change is good, there was a period when there was too much change.

    Advice to Management

    Remain flexible, approachable and consider consistency.

    State Street2015-12-17
  2. "exciting for the first few months only"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fund Accountant, Associate I in Sydney
    Recommends
    Approves of CEO

    I worked at State Street

    Pros

    work environment was not too competitive. employees get along with each other pretty well. the job was not too hard. quite a good start for fresh graduates. for master's students, it was way too low to start in here.

    Cons

    the system used is solely for state street, unlike jp morgan or anz who use the same system. knowledge gained from state street (system wise) are not transferable. promotion opportunities are limited.

    Advice to Management

    not too much delegation on the analysts. managers and client accountants should be aware of what is going on too. clients would not be impressed with managers or client accountants who were not competent to answer their queries.

    State Street2011-01-28
  3. "just basic nothing too special"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Fund Accountant in Dublin, Dublin
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at State Street full-time for more than a year

    Pros

    okay enough benefits, just the basics and health insurance is subsidised

    Cons

    management do not care enough, hence high turnover. overly long working hours

    Advice to Management

    be more engaging

    State Street2019-08-14
  4. "Fund Accountant"

    StarStarStarStarStar
    Current Employee - Fund Accountant in Kraków

    I have been working at State Street full-time for more than a year

    Pros

    environment, team, activity management, work distribution, non overtime

    Cons

    people not well prepared, wage, promotions

    State Street2019-06-28
  5. "Great Company"

    StarStarStarStarStar
    Former Employee - Mutual Fund Accountant 

    I worked at State Street for less than a year

    Pros

    They have a Progressive culture

    Cons

    redundant processes and can get boring

    State Street2019-06-26
  6. Helpful (2)

    "Stay. Away."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Fund Accountant 
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at State Street full-time for more than a year

    Pros

    I can work from home twice a week (which is great because the pay is abysmal so I save on gas).

    Cons

    Forget the concept of ever having a team that’s staffed. Everything is “lean” aka as cheap as possible; if it can maybe be done in China or India, it’s going to be. American labor is too expensive. Not only that, so is investing in technology. Fund admin is the only profitable part of the business at the moment and yet the entire company has a hiring freeze and the tech looks straight out of the 80s. I’ve worked 60+ hours...

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    Advice to Management

    Stop treating your employees like crow. You wonder why you’re not retaining talent and then you continue to try and cut every single cost possible, which just continues to harm the people who ARE left.

    State Street2019-07-23
  7. "Transitioning from Public Accounting into Private Equity Accounting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Fund Accounting Analyst in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at State Street full-time for more than a year

    Pros

    Salary & Benefits State Street offers above average salaries and benefits at the Senior Level that is unbeatable. Work Environment Everyone in the Atlanta office has a great attitude! It all trickles down from management all the way to the youngest intern. That positive demeanor around the office promotes quality work and comradery. The Atlanta Real Assets Fund Services group as a whole niche is volunteering...

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    Cons

    Rest assured, State Street Atlanta has done a great job bringing in new candidates that are competent, who has well-rounded characteristics and is willing and able to move along the team for the better without disturbing a strong foundation that has been set.

    State Street2019-06-07
  8. "Fund Accounting Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Fund Accountant in Dublin, Dublin
    Doesn't Recommend
    Disapproves of CEO

    I worked at State Street full-time for more than 5 years

    Pros

    Nice colleagues, great environment in which to train an skill up.

    Cons

    Too much non-core work activiites, training modules, etc.

    State Street2019-06-20
  9. "Get Some Experience and Get Out"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Mutual Fund Accountant in Kansas City, MO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at State Street full-time for more than a year

    Pros

    Benefits, gym in the building

    Cons

    No training, you basically just watch someone for a couple weeks and they send you on your way.

    Advice to Management

    Treat your employees better and your turnover wouldn't be so high

    State Street2019-06-06
  10. "Used to be a great place, the growth doesn't mean the improvement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Fund Accounting Supervisor in Gdańsk
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at State Street full-time for more than 5 years

    Pros

    - Great people, friendly environment - Benefits, trainings, company events for the employees - A lot of opportunities for promotion - Great locations in Cracow and Gdansk

    Cons

    - Salary is not competitive - Lack of work life balance when working in Fund Accounting divisions - Too agressive growth - not enough time for trainings, poor service quality - High turnover rate

    State Street2019-05-20
Found 379 reviews