Manager, Global Accounting Operations (Funding, Recon, US GAAP, IFRS)

State Street.
Bangalore, India
Not disclosed
26 Jan 2022
01 Feb 2022
Contract type
Full time
Experience level
  • Officer in this role will be responsible for period close activities for the designated Tower and Business Unit/Entity.These activities encompass manual journal entries, review and clearing of suspense /intercompany breaks and analysis of balances to ensure accuracy of manual entries.
  • Preparation of management reports and submission of data for various Regulatory and Financial Reports
  • Investigation, monitoring and clearing of open reconciling items/exceptions in the Balance Sheet Reconciliations working with various Accounting Towers and Joint Venture.
  • Identify risks/opportunities to improve processes and enhance controls. Actively support various process improvement initiatives.
Responsibilities & Tasks Include:

Business as Usual (BAU) Activities:

  • Responsible for processing and review of manual journal entries for the designated Tower and BU/Entity during month close. 
  • Provide oversight and SME support to GAO Production Hub in Coimbatore and Chennai to ensure timely and accurate month close. 
  • Preparation of various reports which includes providing inputs for quarterly/six monthly/annual Regulatory and Financial reporting. 
  • Investigate, clear and monitor all outstanding exceptions reported as part of Balance Sheet Substantiation. 
  • Timely escalation and reporting of issues to Line managers and Global Process Owners Support various audits and ensure all information requests are provided in a timely manner 
  • Ensure all agreed timelines and accuracy standards for the assigned processes are met. 
  • Prepare and maintain process documentation and standard operating procedures. 
  • Establish strong working relationships with key stakeholders, own and proactively manage key relationships.

Process Re-Engineering, Automation and Change Management:

  • Actively drive continuous process improvement leveraging GAO ideation and maintain tracking frameworks.
  • Partners with Account Processing Owners and BSS Towers to drive process and controls improvements and process automation aiming at reducing the exceptions and improving quality of reconciliations
Job Requirements:
Education and Experience:

  • Bachelor/master’s degree in finance or MBA
  • 6-8 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

Skills required:

  • 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
  • Strong attention to details
  • Problem solving skill
  • Highly organized with ability to multi-task and work under high pressure deadlines
  • Must be able to work in a fast-paced environment
  • Mandatory working knowledge and modelling skills in PowerBi , with additional Tableau/ Knime as optional skills.
For further information, and to apply, please visit our website via the “Apply” button below.

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