State Street India
State Street India | Expense Accounting, Officer
Upload your resume & find all jobs matching it
See how well this job fits you — plus every other live job that matches your skills and experience.
PDF, DOCX or photo
Applying here? Tailor your resume to this job - see which keywords it asks for that your resume is missing.
Job Highlights
Responsibilities & tasks
- May serve as a subject matter expert on a particular accounting transaction.
- Accountable to manage end to end Expense Accounting, reporting activities from GFC (Global Finance Centre).
- Partner with GPO to drive process and controls improvements and process automation.
- Perform month-end, quarter-end, and year-end close processes to verify all entries have been created and posted, ensuring completeness, accuracy, and reporting integrity.
- Prepare, Review of Accrual Workings and post journal entries to record accrued expenses in the correct period, amortize prepaid expenses and fixed assets while maintaining schedules that tie to the balance sheet.
- Ensure an accurate and timely period-end close by ensuring all transactions are recorded, journal entries are posted, accounts are reconciled where needed and consolidated at required level.
- Manage time to assist with ad-hoc projects and new transactions to support the GAO Accounting group.
- Reconcile bank, prepaid and accrual accounts, against the supporting and facilitate any entries if required.
- Support with queries from regulatory authorities and external auditors.
- Work with and support the team in day-to-day activities including issues requiring judgement and expertise.
- Ensure SOPs are updated with the most recent procedure.
- Participate & contribute Re-Engineering, Automation and other ERP Implementation Initiatives.
- Support overall team goals and objectives.
- Reports to – Assistant Vice President
- Be the first point of contact for assigned account and ensure that compliance requirements are adhered to (e.g. company policies surrounding standard of conduct, information security, employment regulations)
Requirements
- Experience of working in Controllership/Accounting teams in a Shared Services environment.
- Extensive practical experience and knowledge of the US GAAP and IFRS accounting standards.
- Experience of building and maintaining strong control environment (risk excellence, experience with SOX, RCSA controls, etc.), establishing procedures and strong internal controls.
- Experience of implementing accounting technology (Oracle, SAP) in a major institution.
- Hands on experience in creating and maintaining strong control environment.
- Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices).
- Knowledge of Essbase, Oracle Financials.
- Knowledge of Spotfire, Tableau, data analytics, Macros and visualization (or similar) a plus.
- Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups of processes.
- Strong analytical and ability to analyze and summarize complex financial transactions.
- Strong attention to details & Problem-solving skill.
- Good knowledge of accounting concepts related to Profit and Loss Account and Balance sheet.
- Ability to prioritize workload, meet deadlines and manage multiple assignments simultaneously.
- Must be able to work in a fast-paced environment.
- Highly organized with ability to multi-task and work under high pressure deadlines.
- Self-motivated, self-assured, and self-managed
About the company
State Street
State Street Corporation is a US financial services company headquartered in Boston, Massachusetts, with roots that go back to 1792. It is one of the world's largest custody banks and asset servicers: pension funds, mutual funds, insurers and other institutional investors rely on it for custody, fund accounting and fund administration, middle-office and data services, while its investment management arm, known for the SPDR exchange-traded funds, manages money for institutions and individuals.
In India, State Street works mainly through State Street Corporate Services Mumbai Private Limited, with offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City. These teams serve State Street's global clients in fund accounting, NAV calculation, fund administration and financial reporting, reconciliations, transfer agency, regulatory reporting, risk and technology — work that suits B.Com, M.Com, CA, CMA, CFA and MBA (Finance) profiles.
