State Street India | Financial Reporting - Senior Manager

Responsibilities

• The purpose of the job is to provide end to end support to investment company clients for timely completion of preparation of financial statements, portfolio schedules and associated mandatory reporting’s within stringent deadlines for audit / review and successful submission to the regulators.
• Selected candidates will be required to work at shifts which allow reasonable overlap with US, APAC and EMEA hours and allow for trainings, on the job practice, feedback etc.
• The team you will be joining is a part of State Street Global Services (SSGS).
• Comprehend the scope of services offered to clients and reviews with the team; demonstrate technical expertise; ensure team meets all client deliverables and manages relationships of assigned clients
• We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality.
• Perform 1st, 2nd and targeted reviews on client financial statements, NQs, Form N-MFP or other similar forms / activities.
• Ensure all regulatory filings are made on time; manages draft and support distribution to all parties.
• Ensure all controls/checklists and procedures are adhered to as well as make recommendations for improvement.
• Ensure effective use of automation (FundSuite, MCH, Macros, etc.) and make recommendations for current system enhancements.
• Oversee the effective coordination of activities between multiple departments within organization, including our global offshoring partners.
• Coordinate the research and resolution of any accounting issue, auditor or client comments and/or JV inquiries.
• Responsible for reviewing staff level work, as needed.
• Participate in the resolution of client issues.
• Provide coaching and development opportunities to staff and responsible for completing and delivering performance reviews on time.
• Assist with coordination of activities between multiple departments within the organization, including our global offshoring partners.
• Draft and update task lists for offshoring partners, ensures all supporting documentation is available to them and acts as primary contact to answer their questions and issues.
• Make effective recommendations to hire, discipline, control work, determine promotions, and terminate employment
• Work, Live and Grow.

Requirements

• Ability to prioritize multiple responsibilities to meet internal and industry deadlines.
• Ability to work well in a fast paced, high volume atmosphere.
• Ability to communicate with various internal teams to resolve inquiries and understanding when to escalate.
• Ability to develop business relationships, both within and outside of the organization.
• Bachelor’s Degree in Commerce / Economics with a specialization in Business, Accounting, Finance or equivalent experience preferred.
• Demonstrates strong technology skills, as well as problem solving and analytical skills.
• Demonstrates an ability to be a leader within their team, as well as be a leader amongst your peers.
• Strong communication, interpersonal, and organizational skills, which includes excellent time management skills.
• 10+ years to 12+ years of experience in related Mutual Fund/Hedge fund Financial Reporting /accounting or finance field preferred, including previous experience in managing staff.
• Knowledge of Mutual Fund structures, designs & hierarchies, standalone funds, master-feeder funds, 40 Act funds and the role of each entity in the fund structure.
• Strong problem resolution skills.
• CA / CPA / ACCA or similar professional qualifications preferred
• Knowledge of US GAAP/ IFRS etc.

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.

• Industry: Financial services — custody, fund services and investment management
• Headquarters: Boston, Massachusetts, USA
• In India: Offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City (Gandhinagar)