IBOR Accounting - Assistant Vice President

State Street; Mumbai; On-site; INR 2,500,000 - 5,000,000; Full time

Job summary

State Street in Mumbai seeks an Assistant Vice President to lead IBOR accounting and reconciliation across portfolios, ensuring timely delivery, strong controls, and governance. The role requires 13+ years of IBOR accounting and fund accounting experience, with exposure to middle office functions, and a proactive, ownership-driven mindset; night shifts are required.

You will develop operational dashboards (Power BI preferred), support transitions, manage a team, drive process improvements, and

Qualifications

• 13+ years of experience in IBOR accounting, reconciliations, and fund accounting.
• Exposure to Middle Office functions or investment operations.
• Strong understanding of accounting flows, break management, and reconciliation processes.
• Experience supporting or participating in transformation/automation initiatives.
• Familiarity with Power BI or similar reporting tools is preferred.
• Candidates have to be open for shifts.

Responsibilities

• Manage daily IBOR accounting and reconciliation activities across portfolios.
• Ensure timely closure of breaks with proper root cause analysis and resolution.
• Support fund accounting and middle office processes with strong operational linkage.
• Drive adherence to controls, compliance, and audit requirements.
• Support process improvement and transformation initiatives.
• Develop and maintain operational dashboards and reporting (Power BI exposure preferred).
• Play a key role in account transitions and stabilization efforts.
• Manage team performance, training, and development.

Skills

Execution

Ownership

Analytical thinking

Team management

Communication

Stakeholder coordination

Night shifts

Shift readiness

Tools

Power BI

Job description

Job Description - Assistant Vice President

Role: Officer IBOR Accounting & Reconciliation
Location: Mumbai

Role Overview

The AVP will manage day-to-day delivery across IBOR accounting and reconciliation processes, ensuring operational excellence, control adherence, and continuous improvement. This role requires strong execution capability along with a proactive approach to governance and team management.

Key Responsibilities

• Manage daily IBOR accounting and reconciliation activities across portfolios
• Ensure timely closure of breaks with proper root cause analysis and resolution
• Support fund accounting and middle office processes with strong operational linkage
• Drive adherence to controls, compliance, and audit requirements
• Support process improvement and transformation initiatives
• Develop and maintain operational dashboards and reporting (Power BI exposure preferred)
• Play a key role in account transitions and stabilization efforts
• Manage team performance, training, and development

Required Experience

• 13+ years of experience in IBOR accounting, reconciliations, and fund accounting
• Exposure to Middle Office functions or investment operations
• Strong understanding of accounting flows, break management, and reconciliation processes
• Experience supporting or participating in transformation/automation initiatives
• Familiarity with Power BI or similar reporting tools is preferred
• Candidates have to be open for shifts

Key Skills

• Strong execution and attention to detail
• Ownership mindset and accountability
• Analytical thinking and problem solving
• Team management and collaboration
• Good communication and stakeholder coordination
• Candidates have to be open for night shifts.