Hyderabad, India
Experience :
Qualified accountant
Closes on :
Oct 19, 2024
Job Title: Senior Associate – Financial Reporting
Who we are looking for:
The purpose of this role is to provide end-to-end support to investment company clients for the timely completion of financial statements, portfolio schedules, and mandatory reporting within strict deadlines for audit/review and submission to regulators. Selected candidates will work shifts that ensure reasonable overlap with US, APAC, and EMEA hours to allow for training, on-the-job practice, and feedback.
Why this role is important to us:
The team you will be joining is a part of State Street Global Services (SSGS). SSGS provides asset owners and managers with essential financial tools to deliver effective investment solutions, ranging from core custody, accounting, fund administration, and shareholder recordkeeping to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity, and real estate. Join us if you are up for the challenge of making your mark in the financial services industry from day one.
What you will be responsible for:
As a Senior Associate, you will:
- Prepare and perform first-level reviews on client financial statements, NQs, Form N-MFP, and other similar forms/activities. Clear comments and assist with draft and support distribution to clients and auditors, ensuring accuracy and timely completion.
- Provide on-the-job training and coaching to staff and give performance feedback to the manager for review.
- Manage risk by ensuring staff understands Standard Operating Procedures, Key Controls, and Client Specific Procedures/Checklists.
- Estimate personnel needs, assign work, oversee short-term deliverables, coordinate workflow, and maintain a working knowledge of the overall process operating model while assisting with the deployment of operational changes.
- Ensure the team achieves accuracy and meets predetermined deadlines.
- Implement standard practices, processes, tools, and technology enhancements.
- Effectively use automation and make recommendations for current system enhancements.
- Participate in the research and resolution of client issues.
- Volunteer for ad-hoc projects and assist with last-minute requests.
- Resolve issues and prioritize actions in the absence of the direct manager.
- Assist with coordination of activities between multiple departments within the organization, including global offshoring partners.
- Draft and update task lists for offshoring partners, ensuring all supporting documentation is available, and act as the primary contact for their questions and concerns.
What we value:
These skills will help you succeed in this role:
- Fund Accounting
- Transaction Processing & Management
- Financial Analysis
- Excellent communication skills
- Problem-solving
- Statistical Analysis
Education & Preferred Qualifications:
- A bachelor’s degree in commerce/economics with a specialization in business, accounting, and finance or equivalent experience is preferred.
- CA / CPA / ACCA or similar professional qualification is preferred.
- Knowledge of US GAAP/IFRS.
Additional requirements:
- Strong technology, problem-solving, and analytical skills.
- Leadership qualities within the team and among peers.
- Excellent communication, interpersonal, and organizational skills, including time management.
- 2+ years to 4+ years of experience in Fund Financial Reporting/accounting or finance field preferred.
About State Street:
State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. We provide a range of services including investment servicing, data & analytics, investment research & trading, and investment management to institutional clients. Our innovative approach has made a significant impact on the financial services industry for over two centuries.
Work, Live, and Grow:
We strive to create a great work environment. Our benefits packages are competitive and comprehensive, potentially including generous medical care, insurance, and savings plans. We offer flexible work programs to meet your needs and provide development programs and educational support to help you achieve your full potential.
Inclusion, Diversity and Social Responsibility:
We value the diverse backgrounds, experiences, and perspectives of our employees, believing they contribute to an inclusive environment where everyone can thrive. We welcome candidates from diverse origins, backgrounds, abilities, ages, sexual orientations, gender identities, and personalities. We actively engage with our communities as a partner and leader, offering tools to balance professional and personal life, paid volunteer days, a matching gift program, and access to networks that keep you connected.
State Street is an equal opportunity and affirmative action employer. For more information and to apply, please visit our website.