IBOR Accounting - Officer

State Street; Coimbatore District; On-site; INR 1,500,000 - 2,800,000; Full time

Job summary

State Street in Coimbatore is seeking an experienced Officer IBOR Accounting & Reconciliation to lead day-to-day IBOR activities across portfolios and ensure operational excellence. You will drive governance, maintain control standards, and push transformation initiatives while developing the team and delivering clear dashboards (Power BI exposure preferred) to stakeholders.

This role requires strong execution, ownership mindset, and collaboration with cross-functional teams to achieve timely,

Qualifications

• 10+ years of IBOR accounting, reconciliations, and fund accounting.
• Exposure to Middle Office functions or investment operations.
• Experience supporting transformation/automation initiatives.
• Familiarity with Power BI or similar reporting tools.

Responsibilities

• Manage daily IBOR accounting and reconciliation activities across portfolios.
• Ensure timely closure of breaks with 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

IBOR accounting

Reconciliations

Fund accounting

Middle Office exposure

Power BI reporting

Tools

Power BI

Job description

Job Description

Role: Officer IBOR Accounting & Reconciliation
Location: Coimbatore

Role Overview

The Officer 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

• 10+ 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

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