IBOR Accounting - Officer

State Street; Mumbai; On-site; INR 4,200,000 - 6,800,000; Full time

Job summary

State Street in Coimbatore is looking for a seasoned Officer IBOR Accounting & Reconciliation to manage day-to-day IBOR activities, ensure control adherence, and lead improvements across accounting and reconciliation functions. The role requires strong execution and governance with team leadership responsibilities.

The candidate should have 10+ years in IBOR accounting, reconciliations, and fund accounting, with exposure to Middle Office and experience in transformation initiatives.

Qualifications

• 10+ years of experience in IBOR accounting, reconciliations, and fund accounting.

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

Power BI

Middle Office

Team management

Attention to detail

Analytical thinking

Stakeholder coordination

Night shifts

Tools

Power BI

Job description

Job Description Officer

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
• 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.