Financial Reporting Manager – Assistant Vice President

Recruiter
State Street
Location
Edinburgh, Scotland; London, UK
Salary
Not disclosed
Posted
29 Jun 2022
Closes
29 Jul 2022
Ref
R-708192
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Manager

Who we are looking for


An experienced manager responsible for the management and leadership of the Financial Reporting Team in the provision of Financial and Regulatory Reporting to clients. This typically involves the planning and management of team resources, supervision of progress and oversight of outsourced functions from Poland Financial Reporting Team and working with clients, Fund Accounting/ Client Delivery Management, Auditors, COE’s and the other stakeholders to ensure financial reports are completed accurately and to timetable.

Embedding a culture of client service excellence within the team, ensuring effective management and delivery of client commitments and strategic initiatives to timeline.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Financial Reporting Manager – Assistant Vice President you will

  • Work closely with senior management to shape policy and strategic direction to deliver on our commitments.
  • Continuously drive and promote departmental change, drive continuous improvement/efficiency whilst reducing risk exposure.
  • Successfully lead and implement Financial Reporting business transformation targets and objectives in line with departmental/company strategy
  • Manage the operations and performance of the core financial reporting teams assigned to you
  • Maintain understanding of client SLA provisions and relevant KPIs to ensure delivery of the highest quality of client service
  • Perform effective and comprehensive oversight of all outsourced service providers including measurement of performance to agreed SLA and Key Risk Indicators,
  • Manage and develop relationships across the business including your clients and audit firms. 
  • Financial Reporting SME contact and key escalation point for operational issues, as well as providing technical expertise to resolve problems
  • Manage operational risk exposure through the implementation of a robust control environment Make sound operational and management decisions to resolve complex issues.
  • Set and maintain standards of personal and professional performance/behaviour ensure self and team comply with all corporate policies and procedures
  • Provide leadership, coaching and motivate staff. Foster an environment that supports effective team work across teams locally, regionally and globally.
  • Evaluate performance and provide feedback on the staff, promote and support continuous development for self and team through effective engagement in periodic performance discussions.
  • Support Senior Management, deputise for your manager and perform other duties as required.

What we value

These skills will help you succeed in this role

  • Takes Ownership and Initiative
  • Highly motivated and can inspire team
  • Communicates effectively
  • Demonstrates confidence and adaptability
  • Ability to operate in a global environment understanding different perspectives and cultures and aligning management practices accordingly
  • Excellent understanding of risks inherent in department and processes and ability to act to mitigate

Education & Preferred Qualifications

  • Professional accountancy qualification or qualified by experience.
  • Obtained or studying towards obtaining IOC exams
  • ACCA or CIMA membership advantageous

Additional requirements

  • At least 6-8 years previous experience of financial reporting for unit trusts, OEIC’s or other collective investment schemes
  • Previous management and leadership experience required
  • Thorough understanding of accounting standards and Statement of Recommended Practice
  • Excellent customer service skills
  • Strong understanding of fund administration.

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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