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Financial Reporting - Associate 2

  • Job
    Full-time
    Junior Level
  • Accounting & Tax
    Banking & Finance
  • Hyderabad, +1
  • Quick Apply

AI generated summary

  • You should have mutual funds accounting experience, knowledge of financial products, a degree in accounting or related field, and financial accounting/derivative product expertise. MBA is a plus.
  • You will perform calculation testing, prepare N-PORT and N-CEN forms, respond to client queries, manage MySS portal tasks, and assist with client training and onboarding.

Requirements

  • Experience in mutual funds accounting, compliance, auditing or related business activity.
  • Good knowledge of financial products like bonds, swaps, futures, options, equity, etc.
  • Equivalent to a bachelor’s degree in accounting, Business, or related field. MBA is a plus, but not required.
  • Experience in financial accounting and Derivative product.

Responsibilities

  • Perform detailed calculation testing and interact with client on results
  • Execute and track client specific tasks / checks
  • N-PORT and N-CEN form preparation, filing and SEC Test Filings
  • Respond to Client Comments through MySS portal
  • Review Alerts/Exceptions and Publish form to Client workflow
  • Assist with User Access Requests for MySS portal
  • Assist with Client training on MYSS portal
  • On-board additional Funds and Clients to ESP tool
  • Complete internal reviews of N-PORT and N-CEN Filings

FAQs

What is the main focus of the Financial Reporting - Associate 2 position?

The main focus of the position is to support the production and oversight process for SEC Form N-PORT and N-CEN filings, manage client relationships, and collaborate with the application support team and Agile technology labs for technology solutions regarding these filings.

What are the primary responsibilities of this role?

The primary responsibilities include performing detailed calculation testing, executing client-specific tasks, preparing and filing N-PORT and N-CEN forms, responding to client comments, reviewing alerts/exceptions, assisting with user access requests, providing client training, onboarding additional funds and clients to the ESP tool, and completing internal reviews of the filings.

What qualifications are preferred for this position?

Preferred qualifications include experience in mutual funds accounting, compliance, auditing, or related business activities, as well as a good knowledge of financial products like bonds, swaps, futures, options, and equities.

What educational background is required for this job?

The position requires an equivalent to a bachelor’s degree in accounting, business, or a related field. An MBA is a plus but not required. Experience in financial accounting and derivative products is also beneficial.

What does State Street value in its employees?

State Street values diversity and inclusion, encouraging candidates from various backgrounds, experiences, and perspectives to apply. They believe that diverse teams contribute to a more inclusive environment where everyone can thrive.

What benefits does State Street offer to its employees?

State Street offers competitive and comprehensive benefits packages that include generous medical care, insurance, savings plans, flexible work programs, and development programs to support employees' growth.

Is there support for work-life balance at State Street?

Yes, State Street provides tools to help employees balance their professional and personal lives, including paid volunteer days and access to employee networks.

How does State Street engage with the community?

State Street actively engages with communities around the world through partnerships and leadership roles, offering programs like paid volunteer days and a matching gift program to encourage employee involvement.

Is State Street an equal opportunity employer?

Yes, State Street is an equal opportunity and affirmative action employer, committed to creating an inclusive environment.

How can I learn more about career opportunities at State Street?

You can discover more about career opportunities at State Street by visiting their website at StateStreet.com/careers.

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.