Financial Reporting, Officer

State Street•Boston, MA

4d•$60,000 - $101,250

About The Position

The Financial Reporting Officer works within State Street Global Services (SSGS), which provides asset owners and managers with financial tools and services including custody, accounting, fund administration, shareholder recordkeeping, and operations support for alternative assets. The role requires in-depth knowledge of SEC, IRS, and GAAP accounting requirements as they apply to investment companies, along with the ability to lead a global team, oversee client deliverables, manage client relationships, and maintain high service quality. The officer oversees client communications and the implementation of regulatory requirements and disclosures affecting financial statements. The role also leads business and operational initiatives, including process and technology improvements, business conversions, risk management, and consistent service delivery across global teams. Responsibilities include managing staff and subordinate managers through direction, training, coaching, and development.

Requirements

Equivalent to a B.S. degree in Business, Accounting, or a related field.
Ten or more years of related management experience, preferably with a public accounting audit firm or a financial services organization.
In-depth knowledge of SEC, IRS, and GAAP accounting requirements and laws as they apply to investment companies.
Ability to independently lead and oversee a global team.
Ability to manage clients and oversee client deliverables while maintaining high quality.
Strong critical-thinking, problem-solving, and decision-making skills.
Strong interpersonal skills and ethical decision-making.
Ability to work collaboratively with clients and internal service teams.

Nice To Haves

CPA or MBA.

Responsibilities

Oversee client communication and implementation of new regulatory requirements and disclosures that affect financial statements.
Oversee implementation of standard practices, processes, tools, initiatives, and technology enhancements, including system conversions.
Manage the team to ensure proper oversight of joint ventures (Syntel/HCL).
Manage key relationships with client companies and regulatory and vendor organizations to ensure requests receive satisfactory service.
Execute the overall business plan in assigned areas.
Manage new-business conversions and review client-specific agreements and internal policies.
Collaborate with global operational teams to promote consistent service delivery, client solutions, and client satisfaction.
Assess operational effectiveness and implement plans to streamline functions and optimize the service environment and technology use.
Manage the team, coach and develop staff, make staffing recommendations, and direct and train subordinate managers and staff.
Assess the impact of regulatory changes.
Proactively manage risk at the business level.
Act in accordance with Risk Excellence and model ethical behavior and decision-making.
Perform other duties as assigned.

Benefits

Retirement savings plan (401(k)) with company match.
Basic life, medical, dental, vision, and long-term disability insurance, plus optional additional coverage.
Paid time off, including vacation, sick leave, short-term disability, and family-care leave.
Access to an Employee Assistance Program.
Eligibility for annual performance-based incentive awards, with stated exceptions for certain sales roles.
Eligibility for certain tax-advantaged savings plans.
Inclusive development opportunities.
Flexible work-life support.
Paid volunteer days.
Employee networks.