Assistant Manager - Client Profitability
Driven by the Beacon initiatives, functionalization of the corporate functions and re-alignment of the Finance Operating Model, State Street has established the Global Accounting Operations (GAO) organization in 2017. GAO is a process- (focused organization responsible for the majority of the record-to-report (R2R) activities performed at State Street. Organizationally, it combines all groups performing these activities Globally and also includes Accounting Centers residing in State Street Shared Service locations in Poland, India and China. GAO organization is established on principles of Global Process Ownership and process excellence, owning all aspects of business-as-usual activities within R2R areas and driving process improvements and automation Globally.
To achieve this objective, GAO has been structured into several distinct global units each is responsible for all aspects of selected major groups of R2R activities, such as Close & Consolidations, Revenue/Expense Accounting, Payroll Accounting, Intercompany Transactions, Specialized/Product Accounting, Cash/Deposit governance and others. Each global unit will be responsible for all aspects of business-as-usual activities within their group of processes, as well as process re-engineering and automation activities – this includes leading process assessments; driving process design and process re-engineering work; co-owning technology initiatives bringing automation to GAO organization, working in close collaboration with the teams in Finance Technology, Finance Re-Engineering, Data Management, and other partnership organizations.
Basic Purpose of Job:
The Finance COE Specialist will be a critical member of the Client Profitability team responsible for providing strategic decision support, financial analysis, and reporting in conjunction with supporting the Global Services/Global Delivery business area. The Specialist will develop a thorough understanding of State Street’s business practices to effectively perform independent, complex reporting or analytics to support the ad-hoc needs of the businesses. Reporting to the Finance CoE Manager, the Specialist will be a critical member of the team responsible for providing strategic decision support, assist in the preparation of Monthly/ Quarterly Profit and Loss statements (P&Ls) by providing reporting and analysis for assigned clients, products and business units in conjunction with supporting the Client Product and Profitability business area.
The position requires excellent analytical, research and financial modeling ability, coupled with strong communication and time management skills. The successful candidate will be comfortable interfacing and presenting to senior and executive management, both within the finance team and operations.
Responsibilities & Tasks include:
Education and Experience:
For further information, and to apply, please visit our website via the “Apply” button below.