Financial Reporting, Senior Associate

State Street Corporation; Toronto; On-site; CAD 51,000 - 84,000; Full time

Benefits offered by this job

Medical care

Insurance

Savings plans

Job summary

State Street Corporation is seeking a Financial Reporting Senior Associate to prepare and review interim and annual financial statements in accordance with GAAP for alternative investments funds. You will coordinate with clients, auditors and offshore teams to finalize statements and filings.

You will maintain documentation, perform reviews, and drive issue resolution while striving for timely, accurate deliverables with established processes and tools.

Qualifications

• BS/BA in Business, Accounting, Finance or equivalent experience preferred.
• 2+ years of experience in related accounting or finance field preferred.
• Strong technology, communication, and teamwork skills.

Responsibilities

• Prepare and review interim and annual financial statements in accordance with GAAP for alternative investments funds.
• Perform 1st level or 2nd level reviews on client financial statements and regulatory reports; process comments and assist with distribution to clients and auditors.
• Maintain electronic documentation for each fund during a reporting cycle.
• Ensure all deliverables are completed accurately and within agreed timelines.
• Implement standard practices, processes, tools, and technology enhancements.
• Participate in research and resolution of accounting, client and auditor issues.

Skills

Technology skills

Problem solving

Analytical skills

Leadership

Communication

Interpersonal skills

Organizational skills

Education

BS/BA in Business, Accounting, Finance

Job description

Who we are looking forJoin the Financial Reporting team and learn the rules and regulations that drive financial statement disclosures and other regulatory filings. As a Financial Reporting Senior Associate you will work with team members to produce and/or review client monthly, quarterly, semi-annual and annual financial statements, regulatory filings and other periodic reporting as per GAAP requirements. You will engage with clients, auditors and other State Street teams to resolve issues, answer inquiries and process comments while working towards readying client financial statements and filings for finalization. You will also help assist with the activities of offshore teams.Why this role is important to usThe 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 forAs Financial Reporting, Senior Associate you willYou will prepare and review interim and annual financial statements in accordance with relevant GAAP requirements for alternative investments funds.You will perform 1st level or 2nd level reviews on client financial statements, regulatory reports, process and clear comments and assist with draft and support distribution to client and auditors.You will maintain electronic documentation for each respective fund during a given reporting cycle.You will ensure that all deliverables are completed accurately and within agreed upon time.You will implement all standard practices, processes, tools, and technology enhancements.You will participate in the research and resolution of accounting, client and auditor issues.You will draft and update task lists for both local and offshoring partners, ensure all supporting documentation is available to them and act as primary contact to answer their questions and issues.What we valueThese skills will help you succeed in this roleDemonstrates 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.Education & Preferred QualificationsBS/BA in Business, Accounting, Finance or equivalent experience preferred.2+ years of experience in related accounting or finance field preferred.About State StreetWhat 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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 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 programs 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.Discover more at StateStreet.com/careersSalary Range:$51,000 - $84,000 AnnualThe range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.About State StreetAcross 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/careersRead our CEO Statement