Financial Reporting, Senior Associate

State Street • Quincy, MA

5d

About The Position

The main function of the role is: Work in conjunction with individuals on the team as well as other Shared Services/COEs, outsource partners, Client Operations, other business units and external clients as needed to ensure all shareholder reporting is accurately delivered per agreed up production calendars.

Requirements

• BS/BA in Business, Accounting, Finance + 3 years relevant work experience or equivalent experience preferred
• Demonstrates strong technology skills, as well as problem solving and analytical skills
• Strong communication, interpersonal, organizational, and time management skills

Responsibilities

• Prepares and performs 1st level reviews on client financial statements, NPORT Part F, Form N-MFP, processes and clears comments and assists with draft and support distribution to client and auditors, ensuring that all deliverables are completed accurately and within agreed upon time.
• Provide timely accurate management reporting and issue log maintenance, under moderate supervision.
• Research and resolve exceptions and issues.
• Escalate unresolved issues to management as required.
• Reconcile and resolve discrepancies with other Shared Service teams, external clients and Client Operations as needed.
• Ensure all inquiries are resolved in a timely and accurate manner and communicates effectively with client when necessary.
• Coordinate effective and timely flow of critical information to all relevant parties and follows up on administrative details within the department.
• Oversee the adherence to Standard Operating Procedures.
• Maintain knowledge of current alternative procedures and processes.
• Assist with workflow management and technology enhancement, make suggestions to streamline operations.
• Document any updates or changes to formal procedures, databases, etc.
• Participate in projects as well as prepare and verify information for those various projects/special requests as directed.
• Train, develop and motivate new staff and complete performance appraisals.
• Provide staffing recommendations by interviewing new personnel and Coordinate and supervise work efforts when multiple Associates are needed to complete work.
• Provide coaching and development opportunities to staff, participate in individual on-going training and development.
• Has accountability and responsibility for completing and delivering snapshots and reviews on time
• Make effective recommendations to hire, discipline, control work and terminate employment.
• Make effective recommendations for promotions, salary increases and bonuses.
• During normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.
• Perform duties of Associates if required, perform 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