Assistant Manager Full Time or Flexible Working (Bengaluru)

Assistant Manager Full Time or Flexible Working (Bengaluru)

14 Nov
|
State Street
|
Bengaluru

14 Nov

State Street

Bengaluru

Background: Driven by the State Street Beacon initiative, functionalization of corporate functions and re-alignment of the Finance operating model, State Street has established Global Accounting Operations (GAO) in 2017. GAO is a process-driven function responsible for all record-to-report (R2R) processes within Controllers including:

- Accounts payable
- Project accounting
- Balance sheet substantiation and system to system reconciliations
- Management allocations
- Financial Systems Support
- Majority of GAO capacity (circa 80%) is concentrated in 2 Global and 2 Regional GAO Hubs where activities are organized by process:
- Global GAO Hub in Bangalore, India (captive)
- GAO Production Hub in Coimbatore and Chennai (State Street/HCL JV)
- EMEA Regional GAO Hub in Krakow, Poland (captive)
- APAC Regional GAO Hub in Hangzhou, China (captive)
- Remaining 20% of activities reside within Regional Service Delivery Teams supporting NAM, EMEA and APAC regions. These teams are organized by business unit and material legal entity and act as an interface between Global and Regional Hubs and non-GAO stakeholders - Controllers, FP&A;, Treasury, and Tax etc. Emerging lead in this role will be responsible for supporting the preparation and review of monthly balance sheet reconciliations.
- Successful delivery of the Balance Sheet Substantiation Remediation Project for the assigned region.
- Perform and review monthly Balance sheet reconciliations for various assigned accounts on a timely basis to a high standard.Perform self review and identify key risks and opportunities to improve.
- Work closely with other teams within GAO to ensure approved substantiation policies are adhered.




- Prepare high quality internal control documentation and standard operating procedures.
- Process Re-Engineering, Automation and Change Management

~ Education and Experience:

- Bachelor/Master Degree in Finance or MBA
- 4-6 years of progressive experience in Balance Sheet Substantiation, Accounting Operations, Controllers, Business Controls, Finance & Risk Assurance.
- Experience in Balance sheet reconciliations process in a Shared Services environment a plus
- Experience and knowledge of the US GAAP and IFRS accounting standards
- Hands on experience in creating and maintaining strong controls environment
- Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio),
- Knowledge of Hyperion Essbase, Oracle Financials a plus
- Pride of ownership with the ability to deliver high quality results timely
- Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an workplace where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

📌 Assistant Manager Full Time or Flexible Working (Bengaluru)
🏢 State Street
📍 Bengaluru

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