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 Officer you will:
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
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
Ensure all controls/checklists and procedures are adhered to as well as make recommendations for improvement
Proactively manage risk at the business level; feel fully accountable for all steps of the production chain
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
Make effective recommendations to hire, discipline, control work, determine promotions, and terminate employment
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:
Ability to prioritize multiple responsibilities to meet internal and industry deadlines.
Strong problem resolution skills.
Ability to work well in a fast paced, high volume atmosphere.
Desire and commitment to learn technical aspects of each deliverable.
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
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 qualifications preferred
Knowledge of US GAAP/ IFRS etc.
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
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.