Financial Reporting - Senior Manager

State Street; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

State Street Bengaluru is seeking an experienced Officer to provide end-to-end financial statement support for investment clients. You will conduct multi-level reviews of client statements, ensure regulatory filings are timely, and coordinate with global teams to meet client deliverables.

The role emphasizes leadership, strong communication, and advanced knowledge of US GAAP/IFRS, with 10–12 years of Mutual Fund/Hedge fund accounting or financial reporting experience.

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.

Responsibilities

• Perform 1st, 2nd and targeted reviews on client financial statements and regulatory filings.
• Ensure timely regulatory filings and distribution of drafts to parties.
• Review scope of services and ensure client deliverables are met.
• Proactively manage risk and maintain production chain controls.

Skills

Financial reporting

US GAAP

IFRS

Leadership

Education

Bachelor’s Degree in Commerce / Economics

CA / CPA / ACCA or similar

Knowledge of US GAAP/IFRS

Job description

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’ 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 escape.
• 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.

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
• 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.

Discover more at StateStreet.com/careers

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

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