-Senior Manager - Financial ReportingAbout 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 State Street is an equal opportunity and affirmative action employer Discover more at StateStreet com careers The main function of the role is Account for the day-to-day management of a functional oversight team s and manage periodic service delivery and production activities performed by staff relating to Financial reporting of Mutual funds Hedge funds Work in conjunction with individuals on the team as well as other Shared Service teams COE s outsource locations Client Operations and other business units to ensure seamless processing according to the latest Accounting policies standards and other Accounting pronouncements to ensure accurate and timely reporting of Financial statements and that all SLAs are met As well as Work collaboratively with teams and management across the organization on various projects oversight committees KPIs etc Role specifics -Oversees the activities of staff by working closely with direct reports Manages the day-to-day activities and controls to ensure consistency of policies adherence to procedures Manages and facilitates timely resolution of issues Proposes and works to implement workflow changes and supporting technical solutions leading to improved productivity and profitability Keeps abreast of regulatory compliance and developments for the assigned area and apprises staff as necessary Identifies and analyzes operations risks related to current and potential business and recommends procedural changes and controls as needed Creates and uses quality service measurement tools to ensure compliance with operational standards with SLAs and SOPs and create management reporting as needed Coordinates and manages projects within the department and or with BU Shared Services COEs and Client Operations teams During the course of normal day-to-day operation responsible for identifying any unusual or potentially suspicious transaction activity and reporting and or escalating in accordance with corporate policy and guidelines detailed in relevant operating procedures Conducts periodic performance reviews provides ongoing counsel training development and motivation of staff Participates in the hiring salary promotional and termination recommendation process Skills Competency parameter differentiators Result-oriented with an ownership and accountability mindset Drive pay for performance and culture of performance differentiation Executive presence managing with influence and effective communication across stakeholder groups both regionally and globally Embed risk excellence culture across the teams Encourage and drive a culture of change and ideation Competencies Client focus - Act as a focal point of contact to maintain strong client relationship actively participate in client meetings and ensure team responds to client inquiries Leadership Focus - Leverage experience and technical expertise to support peers globally by providing guidance and training and fully support and participate in all aspects of employee engagement Operational Efficiency Focus Actively participate in an efficient and effective global operating model collaborating with peers globally and using standard technology best practices and optimal functions Performance Focus Provide excellent service to clients through a results-oriented mindset Quality Risk Focus Understand and minimize risk through adhering to standard and client specific operating procedures and through broad participation in the global training program Focus on qualitative work attention to detail with a thorough understanding of business impact and ways to minimize risk Mandatory Skill Sets Financial reporting of Mutual Funds Hedge funds background is preferred 5 years experience in Financial reporting Big four fund house accounting firm work experience is preferred CPA ACCA a plus Experience of leading automation initiatives Demonstrates strong risk and control achievements Additional Skill Sets Valuable understanding of financial services and investment products Strong attention to detail and a focus on service Ability to perform under pressure and manage high volumes Committed to learn technical aspects of each deliverable Ability to communicate with various internal teams to resolve queries and escalate accordingly Strong communication interpersonal organizational and time management skills Demonstrates an ability to be a leader within their team as well as be a leader amongst your peers Strong English and communication skills Strong problem solving and analytical skills Detail-oriented owner s mindset logical thinking Sense of responsibility and team work are required Effective communication organizational and negotiation skills Education Preferred Qualifications Graduate degree in Business Accounting Finance or equivalent experience preferred 8 years of experience in related accounting or finance field preferred Location Hyderabad Bangalore Pune Coimbatore Chennai Mumbai - North America Shifts EMEA Shifts
📌 Financial Reporting - Senior Manager (Karnataka)
🏢 State Street
📍 Karnataka
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