Global Accounting Operations

Job Description

b Global Accounting Operations - Team Lead Basic Purpose of Job:: The SSGA Accounting SME will be responsible for all aspects of revenue recognition and provide support to the GAO group. This individual will provide subject matter expertise in the area of accounting related to Revenue Accounting which include: o Project management skills o Revenue Accruals under GAAP/IFRS revenue recognition principles o xe2x80xa2 Fee Reserve Analysis o xe2x80xa2 Revenue Adjustments and Intercompany Revenue o xe2x80xa2 Account Reconciliations & Certifications o xe2x80xa2 Accounts Receivable; Billed and Unbilled (including agings) o xe2x80xa2 Monitoring & Processing of Client Concessions / Revenue Reversals o xe2x80xa2 SOX Controls o xe2x80xa2 Cash Applications In addition to Business As Usual (BAU) responsibilities as described above, this role will participate in process re-engineering, standardization, and automation efforts. Responsibilities & Tasks Include: o xe2x80xa2 Provide support to key stakeholders of the team to present analytical results, findings o xe2x80xa2 First point of escalation within the local reporting line for dealing with issues and ensuring that compliance requirements are adhered to (e.g. company policies surrounding standard of conduct, information security, employment regulations) o xe2x80xa2 May be required to participate in or conduct a wide range of accounting and financial analyses on critical and complex issues which may include variance analysis and accounting transactions. o xe2x80xa2 May serve as a subject matter expert on particular accounting transactions. Coordinate with onshore team / Accounting Policy to determine appropriate accounting treatment for complex transactions o xe2x80xa2 Participate in or manage function specific projects as needed o xe2x80xa2 Ensure completion of deliverables within the committed timeframe including assistance with development of deliverable plans, attending deliverable specific or recurring meetings between the team and the onshore team. Team deliverables revolve around o xe2x80xa2 Collaborate with Revenue Operations (Billing) teams on initiatives, errors, new contracts, etc. List of Accounting systems: RMS (Revenue Management System) SLCM (Securities Lending Credit Management) Oracle VMW CBS MCH Badger Information Classification: Limited Access Cash Manager or Instruct Salesforce STARS Essbase Discoverer Viewer Oracle Finapps Process Re-Engineering, Standardization, and Automation: Job Requirements: Education and Experience: o xe2x80xa2 Bachelors Degree in Accounting, Chartered Accountant (CA) or Certified Public Accountant (CPA)/PMP/MBA-Finance preferred with 2-3 years of progressive experience in R2R areas with major financial institutions o xe2x80xa2 Extensive practical experience and knowledge of the US GAAP and IFRS accounting standards o xe2x80xa2 In-depth knowledge of the supported products. o xe2x80xa2 Understanding of international regulatory landscape, experience with statutory accounting/reporting groups across several major international geographies. o xe2x80xa2 Experience of building and maintaining strong control environment (risk excellence, experience with SOX, RCSA controls, etc.), establishing policies, procedures and strong internal controls. o xe2x80xa2 Demonstrated leadership in improving/building-out the above process groups for multiple geographies and business areas Skills required : o xe2x80xa2 Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices) o xe2x80xa2 Knowledge of Hyperion Essbase ,Oracle Financials o xe2x80xa2 Knowledge of Spotfire, Tableau, Cognos data analytics and visualization (or similar) a plus o xe2x80xa2 Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups of processes o xe2x80xa2 Senior-level communication skills, presentation skills, prior experience of interacting with multiple stakeholders (Legal Entity and Geography controllers) in NA, EMEA, APAC o xe2x80xa2 First or second level management expertise required o xe2x80xa2 Independent decision-making capabilities, demonstrated thought leadership o xe2x80xa2 Pride of ownership with the ability to deliver high quality results timely o xe2x80xa2 Self-motivated, self-assured, and self-managed o xe2x80xa2 Strong analytical and ability to analyze and summarize complex financial transactions o xe2x80xa2 Strong attention to details o xe2x80xa2 Problem solving skill o xe2x80xa2 Highly organized with ability to multi-task and work under high pressure deadlines o xe2x80xa2 Must be able to work in a fast paced environment Job ID R-742210 ABOUT COMPANY State Street Corporation London, United Kingdom 39000 Employees Investment Banking / M & A State Street Corporation (NYSE: STT) is one of the worlds leading providers of financial services to institutional investors, including investment se...