Job Title: Expense IC Assistant Manager

Basic Purpose of Job:

The Expense IC Assistant Manager provides subject matter knowledge in Financial Planning & Analysis. The role develops a thorough understanding of State Street’s business practices to effectively perform independent, complex reporting or analytics to support the ad-hoc needs of the Expense IC leads business unit Chief Financial Officer (CFO).

Responsibilities & Tasks Include:

- Completion of high-quality deliverables within the committed timeframe related to month/quarter/year-end closing, budget and forecast.

- Conduct deep dive analysis and consolidation.

- Perform expense reviews for direct and allocated expenses.

- Prepare Expense walks - waterfalls and variance analysis.

- Prepare management presentations describing insights.

- Maintain a holistic view of overall Indirect Expense Allocation process.

- Utilize advanced Excel skills including VBA and Power Query.

- Manage service delivery, technology, and other general & administrative chargebacks with various methodologies backing the allocations.

- Communicate with business units throughout the company to collect information for expense management reporting and analyses.

- Work closely with Expense Analytics team members and the extended EIC team to provide requested analysis, reports, and metrics.

- Responsible for timely and accurate preparation of various financial analyses on critical and complex issues.

- Serve as a subject matter expert, driving projects and work streams to enhance processes and reporting.

- Develop and update various financial models to generate analyses.

- Stay abreast of changes/updates, review and interpret guidance, and apply changes as needed.

- Prepare reports and presentation packages, and interpret results for management.

- Work cross-geographically to share knowledge and ensure consistent and accurate reporting.

Job Requirements:

Education and Experience:

- 7-8 years of experience within Financial Planning & Analysis.

- MBA/ CA, or secondary education preferred.

- Financial service industry experience preferred.

- Experience in preparation and analysis of Financial Statements and in a global setting.

- Experience working with business unit finance heads across regions.

Skills/ Knowledge:

- Knowledge of Hyperion Essbase, VBA, Power Query.

- Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word), with advanced Excel skills (pivot tables, formulas, excel workbook maintenance best practices).

- Strong executive presence, detail oriented and well-organized.

- Strong interpersonal skills with the ability to prioritize work and manage expectations from Senior Management.

- Solid problem-solving skills as well as written and verbal communication skills.

About State Street:

What we do. 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 strive to create a great work environment. Our benefits packages are competitive and comprehensive. You’ll have access to a flexible Work Program to help meet your needs along with development programs and educational support to help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We believe our employees’ diverse backgrounds, experiences, and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive. We welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity, and personality. We are also actively engaged with our communities around the world, both as partners and leaders, offering tools to help balance your professional and personal life, including paid volunteer days and matching gift programs.

State Street is an equal opportunity and affirmative action employer.

For further information, and to apply, please visit our website via the “Apply” button below.