Job Openings for the position of Global Accounting Operations _ Specialized Accounting – Manager in State Street Corporation
Job Details :
Job Position : Global Accounting Operations _ Specialized Accounting – Manager
Company Name : State Street Corporation
Experience : 1 to 3 Yrs
Location : bangalore
Skills : accounting,communication skills,system
Category : Banking / Financial Services Jobs
Educational Qualification :
Job Description :
– Global Links
– Currency Management
– Long Term Debt In addition to Business As Usual (BAU) responsibilities as described above, this role will identify opportunities for standardization, and automation efforts.Business As Usual (BAU) Activities:
– Develop the team to adopt owner s mind set , work independently, and effectively manage timelines
– May be required to provide accounting analyses or research on critical and complex issues which may include variance analysis of accounting transactions related to the products supported.
– Develop subject matter expertise in all aspects of the products under responsibility including operational aspects of a particular accounting transaction.
– Participate in or manage function specific projects as needed
– Ensure high quality and completion of deliverables within the committed timeframe. Team deliverables revolve around; Daily :
– Reconcile Summit market value to general ledger Weekly :
– Review off-book currency manual journal entries prepared by JV
– Prepare Regulatory reporting for FR2644 Monthly :
– Coordinate month-end close including prepare manual journal entries and export accounting system reports
– Review/Prepare account reconciliations and certification
– Process Servicing Fee Invoice Quarterly :
– Prepare Regulatory, SEC, and Internal reporting
– Perform CCAR CFO attestation control testing
– Process Intercompany Tax Settlements
– Perform SOX control testing
– Review Operating Cash Inventory Annual :
– Process Trustee Fee Payments
– Calculate Management Fees Ad-Hoc :
– Prepare hedge designation summary
– Prepare and update process narratives/procedures and flow charts
– Response to internal and external requests including variance analysis and inquires
– Participate in Ad Hoc projects and new transactions
– General ledger account requests
– Accounting systems maintenance and upgrade
– Responsibility for ongoing process improvements
– Assist in implementation of the GAO process re-enginerring and automation efforts Job Requirements:Education and Experience:
– Master s Degree in Accounting, Chartered Accountant (CA) and Certified Public Accountant (CPA)/MBA-Finance with 8-10 years of progressive experience in R2R areas with major financial institutions
– Extensive practical experience and knowledge of the US GAAP and IFRS accounting standards for the above areas, experience with other accounting standards (German, etc.) is a plus
– Understanding of international regulatory landscape, experience with statutory accounting/reporting groups across several major international geographies.
– Experience of building and maintaining strong control environment (risk excellence, experience with SOX, RCSA controls, etc.), establishing, procedures and strong internal controls.
– Experience working with muti-geographical processes process
– Extensive experience performing day-to-day accounting operations, month-end and quarter-end activities for the above areas of accounting
– Experience with R2R (record-to-report) centralized processes Skills required:
– Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices)
– Knowledge of Hyperion Essbase ,Oracle Financials
– Knowledge of Spotfire, Cognos data analytics 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
– Excellent communication skills, prior experience of interacting with multiple stakeholders (Legal Entity and Geography controllers) in NA, EMEA, APAC
– Independent decision-making capabilities
Contact Details :
Company Name: State Street Corporation
Company Description: At State Street Global Advisors our mission is to invest responsibly to enable economic prosperity and social progress. We have a long history of developing innovative investment strategies to provide our clients with reliable and transparent returns, cost-effectively, and without excessive risk.
Job Posted On : 2019-05-14
Note : Above Job position will be valid for 1 Month after job Posted date.