Full-Time

Financial Reporting

Posted on 11/12/2024

State Street

State Street

10,001+ employees

Asset management and custody banking services

Fintech
Financial Services

Compensation Overview

$80k - $132.5kAnnually

Senior

Company Historically Provides H1B Sponsorship

Boston, MA, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Requirements
  • BS/BA in Business, Accounting, Finance or equivalent experience preferred
  • 5 to 7 years of experience in related accounting or finance field preferred
Responsibilities
  • Performs 1st, 2nd and targeted reviews on client financial statements, quarterly reporting, ensures all regulatory filings are made on time; manages draft and support distribution to all parties
  • Comprehend the scope of services offered to clients and reviews with the team; demonstrate technical expertise; ensure team meets all client deliverables and manages relationships of assigned clients
  • Ensure all controls/checklists and procedures are adhered to as well as make recommendations for improvement
  • Proactively managing risk at the business level; feel fully accountable for all steps of the production chain
  • Ensures effective use of automation (FundSuite, MCH, Macros, etc.) and make recommendations for current system enhancements
  • Oversees the effective coordination of activities between multiple departments within State Street, including our global offshoring partners
  • Coordinates the research and resolution of any accounting issue, auditor or client comments and/or JV inquiries
  • Responsible for reviewing staff level work, as needed
  • Participates in the resolution of client issues
  • Provide coaching and development opportunities to staff

State Street Corporation operates in the financial services industry, focusing on asset management and custody banking. It provides a variety of services to institutional investors, such as mutual funds and pension funds, through its division, State Street Global Advisors, which manages investment portfolios and offers advisory services. The company serves a wide range of clients, including corporations, governments, and non-profit organizations, and utilizes its global network and expertise to deliver customized financial solutions. State Street generates revenue from management fees for overseeing client assets, transaction fees from trading, and service fees for custody and administration. Additionally, it is recognized for its commitment to leadership and diversity, promoting a culture that supports employee growth and inclusion.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

1792

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for ESG investing aligns with State Street's diversity commitment.
  • Digital assets offer new growth opportunities for State Street's custody services.
  • Expansion of passive investing boosts market share for State Street Global Advisors.

What critics are saying

  • Intense competition from BlackRock and Vanguard may impact State Street's growth.
  • Regulatory scrutiny on ESG practices could affect State Street's operations.
  • Geopolitical tensions in expansion regions may disrupt State Street's strategic plans.

What makes State Street unique

  • State Street excels in asset management and custody banking for institutional investors.
  • The company is committed to diversity and inclusion in financial services.
  • State Street leverages advanced data analytics to enhance investment management services.

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