Key Responsibilities

Client Fee Calculation & Invoice Processing
Prepare and generate management fee, performance fee, and expense invoices for institutional and retail clients
Validate billing inputs (AUM, fee rates, breakpoints, discounts) against IMAs and fee schedules
Ensure invoices are issued accurately and within monthly / quarterly billing cycles

Billing Accuracy & Reconciliation
Perform detailed reconciliation of billing data vs. fund/accounting records (NAV, AUM, transactions)
Analyze variances in fees and investigate discrepancies prior to invoice release

Client & Stakeholder Interaction
Engage with Sales, Relationship Management, Accounting teams for billing inputs
Ensure billing reflects contractual changes (current mandates, fee revisions, fund launches/closures)

Controls, Compliance & Audit
Ensure billing processes comply with: Internal controls, Regulatory and contractual obligations, Maintain audit trails, documentation, and support audit inquiries
Identify control gaps and recommend process improvements

Minimum Job Specifications




Solid domain knowledge of the Asset Management industry, with operational experience in accounting, onboarding, invoicing, or other finance functions.
Advanced Excel and experience with billing/accounting systems, Analytical mindset with problem-solving ability
High attention to detail and accuracy
Excellent teamwork and collaboration skills, with a solid client focus and commitment to business delivery. Proficient in written and verbal communication.
Ability to prioritize multiple responsibilities and meet both internal and external deadlines effectively.
Bachelor’s degree of commerce (or equivalent qualification).

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

📌 Financial Reporting, Associate 2 Bengaluru
🏢 State Street
📍 Bengaluru