Role at a glance
- Job function
-
Accounting, Tax & Corporate Finance Accounting
- Salary
- Not Disclosed
- Location
- Bangalore, India
- Employment
- Full-time
- Experience
- 2+ years to 4+ years of experience in Fund Financial Reporting /accounting or finance field preferred
- Education
- Bachelor’s Degree in Commerce / Economics with a specialization in Business, Accounting, Finance or equivalent experience preferred.
Spotted an issue?
We’ll check it against the original posting.
Role Summary
The Associate 2 supports investment company clients by preparing and reviewing financial statements, portfolio schedules and related regulatory reporting. The role also coordinates team workflow, quality and deadlines while supporting staff and client issue resolution.
What You'll Do
- Prepare and perform first-level reviews of client financial statements, NQs, Form N-MFP and similar reporting; clear comments and...
- Train and coach staff, provide performance feedback, and ensure staff understand standard operating procedures, key controls and...
- Estimate personnel needs, assign work, coordinate workflow and oversee short-term deliverables while helping implement operational changes.
- Monitor accuracy and deadlines, use automation, and recommend system enhancements.
- Research and resolve client issues, coordinate across departments and global offshoring partners, and provide partners with task lists...
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
Fund accounting, transaction processing and management, financial analysis, communication, problem-solving and statistical analysis. The posting also values technology, analytical, leadership, interpersonal, organizational and time-management skills, and knowledge of US GAAP/IFRS.
Required
- CA / CPA / ACCA or similar professional qualification preferred.
Preferred
- Bachelor’s Degree in Commerce / Economics with a specialization in Business, Accounting, Finance or equivalent experience preferred.
- CA / CPA / ACCA or similar professional qualification preferred.
- 2+ years to 4+ years of experience in Fund Financial Reporting /accounting or finance field preferred.
Original job description
Content provided by the employer
Original job description
Content provided by the employer
Who we are looking for:
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.
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 an Associate 2 you will:
- Prepare and perform 1st level reviews on client financial statements, NQs, Form N-MFP other similar forms/activities and clear comments and assist with draft and support distribution to client and auditors, ensuring that all deliverables are completed accurately and within agreed upon time
- Provide on-the-job training and coaching to all staff in addition provide performance feedback to manager for review
- Responsible for risk management by ensuring staff understands all Standard Operating procedures, Key Controls, and Client Specific Procedures/Checklists
- Estimate personnel needs, assign work, oversee short term deliverables, coordinate workflow, maintain working knowledge of overall process operating model while assisting with deployment of operational changes
- Ensure team is achieving accuracy and meeting pre-determined deadlines
- Implement all 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 help 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 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
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:
- Bachelor’s Degree in Commerce / Economics with a specialization in Business, Accounting, Finance or equivalent experience preferred.
- CA / CPA / ACCA or similar professional qualification preferred
- Knowledge of US GAAP/ IFRS etc.
Additional requirements:
- 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
- 2+ years to 4+ years of experience in Fund Financial Reporting /accounting or finance field preferred
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
About the company
State Street
Large Enterprise
State Street is a leading financial services and bank holding company, headquartered in Boston, Massachusetts. With a strong focus on investment management and servicing solutions, State Street supports institutional investors worldwide by providing services such as asset management, investment research, and trading. Renowned for its commitment to innovation and sustainability, State Street leverages advanced technology and data analytics to enhance investment strategies and customer experiences. The company prioritizes diversity and inclusion within its workforce, reflecting its dedication to fostering a dynamic and collaborative environment.