Expense Accounting - Team Leader

Overview

Senior Associate in Expense Accounting within State Street Global Accounting Operations, managing end-to-end expense accounting and reporting activities from the Global Finance Centre and partnering with the Global Process Owner on process, controls and automation improvements.

What you'll do

• Perform accrual working for month-end, quarter-end and year-end journals, verifying entries are created and posted with completeness, accuracy and reporting integrity.
• Prepare and post journal entries to record accrued expenses in the correct period, and amortize prepaid expenses and fixed assets while maintaining schedules that tie to the balance sheet.
• Ensure an accurate and timely period-end close by recording all transactions, posting journal entries, reconciling accounts where needed and consolidating at the required level.
• Prepare and maintain the accrual aging file.
• Be the first point of contact for assigned accounts and ensure compliance requirements are adhered to (e.g. company policies on standard of conduct, information security, employment regulations).
• Reconcile bank, prepaid and accrual accounts against supporting documentation and facilitate entries if required.
• 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.
• Work with and support the team in day-to-day activities.
• Ensure SOPs are updated with the most recent procedure.
• Partner with the Global Process Owner to drive process and controls improvements and process automation, and support successful delivery of transformation and re-engineering projects.

What you'll need

• Bachelor's or master's degree in finance, or MBA.
• Accounting qualification (ACA, ACCA, CPA or CIMA).
• 4-6 years of progressive experience in Accounting Operations or Controllers in Record to Report.
• Experience working in Controllership/Accounting teams in a Shared Services environment.
• Extensive practical experience and knowledge of US GAAP and IFRS accounting standards.
• Proficiency in Microsoft Office suite (Excel, Access, PowerPoint) and medium-level Excel (pivot tables, formulas, workbook maintenance best practices).
• Knowledge of Essbase and Oracle Financials.
• Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the process groups.
• Good knowledge of accounting concepts related to the Profit and Loss Account and Balance Sheet.
• Self-motivated, self-assured and self-managed.
• Able to work in a fast-paced environment.

Nice to have

• Knowledge of Spotfire, Tableau, data analytics, Macros and visualization (or similar).

Details

• Location: Bangalore, India.
• Reports to Officer/AVP.