Job Description
Who we are looking for
As a Financial Reporting officer, the ideal candidate will need to have in depth knowledge of SEC, IRS and GAAP accounting requirements and laws as they apply to investment companies. You must be able to independently lead a global team and provide oversight. You must also be able to manage clients and oversee client deliverables while maintaining high quality. Additionally, you must be able to contribute to department wide initiatives including technology improvement.
Why this role is important to us
The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. 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, SSGS’ tools help our clients make better investment choices and act on growth opportunities.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As a Financial Reporting officer, you will
Oversee client communication and implementation of new regulatory requirements/disclosures that impact the financial statements
Oversee the implementation of all standard practices processes tools etc. and initiatives (ESP Re-Engineering) and technology enhancements (system conversion)
Manage team to ensure proper oversight of JV (Syntel/HCL)
Manage key relationships with client companies and regulatory and vendor organizations as applicable to ensure that requests are being met with a satisfactory level of service.
Responsible for execution of overall business plan in assigned areas
Manage conversions of new business plan for and review client specific agreements and internal policies
Collaborate with operational teams globally to ensure consistent service delivery client solutions and client satisfaction
Assess operational effectiveness and implement plans to streamline functions ensure optimal service environment and technology usage
Manage team; provide coaching and development opportunities to staff make effective staffing recommendations. Responsible for the direction and training of subordinate managers and staff
Assess impacts of regulatory changes
Proactively manage risk at the business level
Act in accordance with Rick Excellence and model ethical behavior and decision making
Other duties as assigned
What we value
These skills will help you succeed in this role
Strong critical thinking, problem solving, and decision-making skills
Strong interpersonal skills and ethical decision making
Ability to work in a team environment with emphasis on collaboration with both clients and other internal service teams
Education & Preferred Qualifications
Equivalent to a B.S. degree in Business Accounting or related field. CPA or MBA is preferred.
Ten or more years of related management experience preferably with a public accounting audit firm or with a financial services organization.
Knowledge of SEC, IRS and GAAP accounting requirements and laws as they apply to investment companies.
Salary Range:
$55,000 - $88,750 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards…