Responsibilities

The Revenue, AR, BU Accounting SME will be responsible for all aspects of revenue recognition, US GAAP, and day-to-day management of a team of experienced Accounting professionals that provide support to Global Revenue Accounting group. This individual will provide subject matter expertise in the area of accounting related to Revenue Accounting which include:

• Preparation, posting and Analysis of month on month Revenue Accruals under GAAP/IFRS revenue recognition principles
• Fee Reserve booking and Analysis
• Revenue Adjustments and Intercompany Revenue
• Account Reconciliations & Certifications
• Accounts Receivable; Billed and Unbilled (including aging’s)
• Monitoring & Processing of Client Concessions / Revenue Reversals
• SOX Controls/Audit walk
• Cash Applications
• Loss booking

In addition to Business As Usual (BAU) responsibilities as described above, this role will lead the process re-engineering, standardization, and automation efforts.

Responsibilities & Tasks Include

• Collaborate closely with the stakeholder (LFO. Business and FPNA)



to understand expectations and deliverable timelines and ensure that deliverables of the team are load balanced as compared to team staffing.
• Develop the team to adopt “owner’s mind set”, work independently, and effectively manage timelines
• Manage resources to assist with ad-hoc projects and recent transactions to support the GAO Accounting controller group
• Lead the day to day activities of an accounting team that is performing Revenue Accounting.
• Performing managerial reasonableness reviews and discussing reporting & analytics deliverables prepared by the team to ensure results make sense, that messaging is on point for the audience and ensuring the core objective of the deliverable is met
• Provide support to key stakeholders of the team to present analytical results, findings
• First point of escalation within the local reporting line for dealing with issues (people/process/technology) and ensu

📌 Accounting ,Associate 2 (Bengaluru)
🏢 State Street
📍 Bengaluru