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Financial Reporting - Associate 2

  • Job
    Full-time
    Junior & Mid Level
  • Accounting & Tax
    Banking & Finance
  • Pune
  • Quick Apply

AI generated summary

  • You should have a Bachelor’s in Commerce/Economics, advanced Excel skills, strong communication abilities, and 1-3 years of experience in accounting or finance.
  • You will prepare financial statements, meet deadlines, manage tasks, utilize automation, assist with training, and handle ad-hoc projects while ensuring accuracy and compliance with GAAP.

Requirements

  • Bachelor’s Degree in Commerce / Economics with a specialization in Business, Accounting, Finance or equivalent experience preferred
  • Demonstrated computer proficiency, including advanced knowledge of Microsoft applications {Excel, Word etc.}, as well as problem solving and analytical skills
  • Strong communication, interpersonal, organizational, and time management skills
  • 1-3 year of experience in related accounting or finance field preferred

Responsibilities

  • Prepare private equity and hedge fund financial statements in accordance with relevant GAAP and regulatory requirements, clear comments and assist with draft and support distribution to client and auditors, ensure that all deliverables are completed accurately and within agreed upon time
  • Assist in the preparation, self-review and delivery of applicable services
  • Understand and meet all deadlines, manage time accordingly and escalate any issues to the Senior Associate or Officer responsible
  • Accurately complete and sign off on all SOPs and checklists
  • Effectively use automation and technology
  • Volunteer for ad-hoc projects and help with last minute requests
  • Provide on-the-job training and ensure coverage for activities

FAQs

What is the main purpose of the Financial Reporting - Associate 2 role?

The main purpose of the role is to provide end-to-end support to investment company clients for the timely completion of preparation of financial statements within stringent deadlines for audit or client review.

What are the shift requirements for this position?

Selected candidates will be required to work in shifts that allow reasonable overlap with US, APAC, and EMEA hours to facilitate training, on-the-job practice, and feedback.

What types of financial statements will I be responsible for preparing?

You will be responsible for preparing private equity and hedge fund financial statements in accordance with relevant GAAP and regulatory requirements.

What qualifications are preferred for this role?

A Bachelor’s Degree in Commerce/Economics with a specialization in Business, Accounting, Finance, or equivalent experience is preferred.

How many years of experience are preferred for this position?

1-3 years of experience in a related accounting or finance field is preferred.

What skills are valued in this role?

Skills such as Fund Accounting, Transaction processing, Financial Analysis, excellent communication skills, Problem solving, and Statistical analysis are valued.

Is there an opportunity for professional development in this role?

Yes, there are development programs and educational support available to help you reach your full potential.

What benefits does State Street offer?

State Street offers competitive and comprehensive benefits packages, including generous medical care, insurance, savings plans, and access to a Flexible Work Program.

How does State Street approach diversity and inclusion?

State Street believes that diverse backgrounds, experiences, and perspectives contribute to an inclusive environment, welcoming candidates of all origins, backgrounds, abilities, ages, sexual orientations, and identities.

Is State Street an equal opportunity employer?

Yes, State Street is an equal opportunity and affirmative action employer.

We’re at the heart of financial services. And our clients are at the heart of everything we do.

Finance
Industry
10,001+
Employees
1792
Founded Year

Mission & Purpose

At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.