Financial Reporting, Assistant Vice President

Who we are looking for 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 offshore 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. What you will be responsible for As Financial Reporting, Assistant Vice President you will Manage a diverse group of personnel involved in the preparation of interim / annual financial statements for alternative investments products (e.g. hedge, private equity, real estate, fund of funds, business development companies). Lead, direct and manage the department in collaboration with your manager and senior colleagues Act as the primary point of escalation for clients with responsibility for implementing and supporting the service requirements of the various client relationships serviced within the group Work internally in allocating clients and resources within the team Collaborate with the clients and colleagues globally as appropriate to service clients and/or projects Responsible for the effective recruitment, training, development and retention of a team of managers who are responsible for meeting their client’s financial reporting needs and effectively managing their team members Develop and retain personal and team talent. Act as a source of technical support and guidance to the team, other State Street internal teams and the client. This includes reviewing of files prepared by the teams. Work with other members of the team in setting individual and team targets and priorities; maintain high standards of client service; conduct performance appraisals and give feedback on individual and team performance Effective messaging and communication Participate in team specific and department wide projects as required from time to time Perform other duties as required in order to meet client and department deliverables/goals What we value These skills will help you succeed in this role 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. Education & Preferred Qualifications BS degree in Accounting, Business, or related field. CPA or MBA is preferred. Six or more years of experience in alternative funds fund administration function (financial reporting preferred) or accounting, audit or related business activity. About State Street What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients. Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential. Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer. Discover more at StateStreet.com/careers Salary Range: $91,000 - $140,500 Annual The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ. About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement