Legal Entity Controller, Assistant Vice President

State Street
Not disclosed
16 May 2022
16 Jun 2022
Approved employers
Approved employer
Contract type
Full time
Experience level

Who we are looking for

State Street Corporation’s Finance division is currently seeking an AVP for Legal Entity Reporting. Within this function you will take responsibility over various tasks within the Finance Department, including Accounting and Tax support and will own various legal entities within the South East Asia region. You will develop an in-depth understanding of various entities within the financial industry, including their business strategies as well as associated technical accounting and disclosure requirements. We are looking for a proactive and self-motivated team player to join our Legal Entity Controller team based in Singapore who is willing to take over responsibilities in a wide range of accounting and reporting requirements in a fast paced banking environment.

What you will be responsible for

As Legal Entity Controller you will

  • Reporting into Regional South East Asia Controller
  • Supporting of various aspects of legal entity and BU Controllership within the South East Asia region (spanning Singapore, Thailand, Malaysia, and Brunei) to ensure accuracy of financial results and that all internal controls are appropriately designed and executed. Coverage for Institutional Services, Global Delivery, Global Markets, Alpha and Global Advisors in region for Controllership impacts.
  • Collaborate within a small team based out of Singapore and partnering with a wide range of stakeholders including Businesses, the local management team, Lead Financial Officers (LFOs), outsourced functions team (Global Accounting Operations, Billing, Regulatory Reporting) and Finance /functional leadership team. Working closely with Business Controls teams to improve control environment.
  • Actively cooperate with the external auditors to finalize statutory reporting for various entities in the South East Asia region advisor including query resolution.
  • Coordinate with Global Close and Consolidation team on monthly close cycle process for accuracy and efficiency. Ensure financial controls are operating effectively and issues reported/ resolved and appropriately escalated. Responsibility for Internal Audit results and remediation for Singapore entities.
  • Interface and close collaboration with LFO’s and FP&A organization to ensure alignment and accuracy or monthly, Quarterly/ Annual results and alignment to Business Unit initiatives and correct treatment of key events (Impairment, deferrals etc).
  • Support and execution of transformation initiatives, ensure robust control and knowledge transfer for activities migrated to Hub Locations, proper implementation of systems which impact the external & internal financial & regulatory reporting in the South East Asia region. Execute on initiatives that impact accounting, reporting or tax including capital management
  • Support tax compliance (direct and Indirect taxes) including Transfer Pricing scheme.
  • Attestations – SOX, reporting, Control environment attestation, representation letters etc.
  • Any other ad-hoc tasks as required by the APAC controller from time-to-time.

What we value

These skills will help you succeed in this role

  • Ability to work in a fast paced banking environment managing multiple priorities
  • Fast learner, proactive in nature and has excellent attention for details
  • Committed, self-motivated and proactive, with a desire to succeed
  • Team player
  • Ability to think holistically and make connections between diverse issues/tasks

Education & Preferred Qualifications

  • Qualified Accountant with approximately 7 years of relevant experience.
  • Experience in dealing with external auditors
  • Knowledge in supporting a external Tax firm with regards to direct and indirect taxes is a big plus
  • Proficient level of Excel knowledge (e.g. Macro-handling) will be an advantage
  • Good knowledge of Singapore GAAP / IFRS preferred
  • Good knowledge of Accounting System (e.g. Oracle, SUN) will be an advantage

About 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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

For further information, and to apply, please visit our website via the “Apply” button below.

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