Financial Reporting, Assistant Vice President

State Street • Quincy, MA

2d • $70,000 - $130,000

About The Position

Join the Financial Reporting team and direct the reporting cycles and filings of various clients. You will ensure that client financial statements are in accordance with the rules and regulations that drive financial statement disclosures and other regulatory filings. You will manage the preparation and review of client quarterly, semi-annual and annual financial statements, regulatory filings and other periodic reporting by our staff and our off-shore teams. You will engage with clients, auditors and other State Street teams to resolve issues and answer inquiries to ready client financial statements and filings for finalization. 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

• Experience managing a team.
• Ability to develop business relationships, both within and outside of the organization.
• Excellent interpersonal, organizational and communication skills.
• Demonstrates an ability to be a leader on their team, as well as be a leader amongst your peers in the department.
• Knowledge of Securities Exchange Commission (SEC), Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) requirements and laws as they apply to investment companies, Trusts, Partnerships and other fund structures.
• Ability to effectively handle and resolve numerous ongoing communications and reporting deliverables in fast paced environment.
• Ability to drive change and process improvements, while managing day-to-day activities in a reporting cycle.
• Ability to communicate effectively with clients regarding their financial statements, regulatory disclosures and process improvements (standardization of disclosures and automation).
• Ability to effectively manage a team of professionals, planning out work and resource allocation.
• Provide feedback and development.
• BS degree in Accounting, Business, or related field.
• Six or more years of experience in alternative funds fund administration function (financial reporting preferred) or accounting, audit or related business activity.

Nice To Haves

• CPA or MBA is preferred.

Responsibilities

• Manage of a diverse group of personnel including Senior Managers involved in the preparation of interim / annual financial statements for alternative investments products (Hedge, Private Equity, Real Estate & Exchange funds).
• Extensive experience managing complex relationships.
• Expertise in procedure reviews.
• Lead/Participate in various projects and initiatives to enhance and improve operational efficiency though technology and other means.
• Familiarity with recommending and implementing improvements to existing procedures, control expenses and minimize loss and risk.
• A skilled team leader with well-honed facilitation skills and the ability to plan, develop and deliver upon major initiatives in collaboration with clients and support teams.
• Strong customer service orientation.
• Manage the implementation of all standard practices, processes, tools, etc. and initiatives (ESP, Re-Engineering) and technology enhancements (system conversion).
• Manage relationships with clients, making sure that requests are being met and that clients are satisfied with the level of service.
• Responsible for the direction and training of subordinate team leaders and staff.
• Provide coaching and development opportunities to staff, allocate and coordinate resources and handle personnel related issues.

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