Job Description

Global Accounting 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 \xe2\x80\xa2 Fee Reserve Analysis
o \xe2\x80\xa2 Revenue Adjustments and Intercompany Revenue
o \xe2\x80\xa2 Account Reconciliations & Certifications
o \xe2\x80\xa2 Accounts Receivable; Billed and Unbilled (including aging\'s)
o \xe2\x80\xa2 Monitoring & Processing of Client Concessions / Revenue Reversals
o \xe2\x80\xa2 SOX Controls
o \xe2\x80\xa2 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 \xe2\x80\xa2 Provide support to key stakeholders of the team to present analytical results, findings
o \xe2\x80\xa2 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 \xe2\x80\xa2 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 \xe2\x80\xa2 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 \xe2\x80\xa2 Participate in or manage function specific projects as needed
o \xe2\x80\xa2 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 \xe2\x80\xa2 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 \xe2\x80\xa2 Bachelor\'s 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 \xe2\x80\xa2 Extensive practical experience and knowledge of the US GAAP and IFRS accounting standards
o \xe2\x80\xa2 In-depth knowledge of the supported products.
o \xe2\x80\xa2 Understanding of international regulatory landscape, experience with statutory accounting/reporting groups across several major international geographies.
o \xe2\x80\xa2 Experience of building and maintaining strong control environment (risk excellence, experience with SOX, RCSA controls, etc.), establishing policies, procedures and strong internal controls.
o \xe2\x80\xa2 Demonstrated leadership in improving/building-out the above process groups for multiple geographies and business areas
Skills required :
o \xe2\x80\xa2 Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices)
o \xe2\x80\xa2 Knowledge of Hyperion Essbase ,Oracle Financials
o \xe2\x80\xa2 Knowledge of Spotfire, Tableau, Cognos data analytics and visualization (or similar) a plus
o \xe2\x80\xa2 Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups of processes
o \xe2\x80\xa2 Senior-level communication skills, presentation skills, prior experience of interacting with multiple stakeholders (Legal Entity and Geography controllers) in NA, EMEA, APAC
o \xe2\x80\xa2 First or second level management expertise required
o \xe2\x80\xa2 Independent decision-making capabilities, demonstrated thought leadership
o \xe2\x80\xa2 Pride of ownership with the ability to deliver high quality results timely
o \xe2\x80\xa2 Self-motivated, self-assured, and self-managed
o \xe2\x80\xa2 Strong analytical and ability to analyze and summarize complex financial transactions
o \xe2\x80\xa2 Strong attention to details
o \xe2\x80\xa2 Problem solving skill
o \xe2\x80\xa2 Highly organized with ability to multi-task and work under high pressure deadlines
o \xe2\x80\xa2 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

From technology and product innovation to corporate responsibility and community development, 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 - strengthening markets, building communities and creating opportunities for growth. We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That\'s why we\'re keenly focused on employee development, corporate citizenship and inclusion. For us, success comes in the mark we make as an organization - for the industry, our clients, our communities and each other.