Financial Reporting, Assistant Vice President

State Street • Quincy, MA

5d • $70,000 - $130,000

About The Position

As a Financial Reporting Assistant Vice President, the ideal candidate will need to have in depth knowledge of SEC, IRS and GAAP accounting requirements and laws as they apply to investment companies. You must be able to independently lead a global team and provide oversight. You must also be able to manage clients and oversee client deliverables while maintaining high quality. Additionally, you must be able to contribute to department wide initiatives including technology improvement. 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.

Requirements

• Strong critical thinking, problem solving, and decision-making skills
• Strong interpersonal skills and ethical decision making
• Ability to work in a team environment with emphasis on collaboration with both clients and other internal service teams
• Equivalent to a B.S. degree in Business Accounting or related field. CPA or MBA is preferred.
• Ten or more years of related management experience preferably with a public accounting audit firm or with a financial services organization.
• Knowledge of SEC, IRS and GAAP accounting requirements and laws as they apply to investment companies.

Nice To Haves

• CPA or MBA is preferred.

Responsibilities

• Oversee client communication and implementation of new regulatory requirements/disclosures that impact the financial statements
• Oversee the implementation of all standard practices processes tools etc. and initiatives (ESP Re-Engineering) and technology enhancements (system conversion)
• Manage team to ensure proper oversight of JV (Syntel/HCL)
• Manage key relationships with client companies and regulatory and vendor organizations as applicable to ensure that requests are being met with a satisfactory level of service.
• Responsible for execution of overall business plan in assigned areas
• Manage conversions of new business plan for and review client specific agreements and internal policies
• Collaborate with operational teams globally to ensure consistent service delivery client solutions and client satisfaction
• Assess operational effectiveness and implement plans to streamline functions ensure optimal service environment and technology usage
• Manage team; provide coaching and development opportunities to staff make effective staffing recommendations. Responsible for the direction and training of subordinate managers and staff
• Assess impacts of regulatory changes
• Proactively manage risk at the business level
• Act in accordance with Rick Excellence and model ethical behavior and decision making
• Other duties as assigned

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees