Full-Time

Financial Reporting Officer

Confirmed live in the last 24 hours

State Street

State Street

10,001+ employees

Asset management and custody banking services

Consulting
Financial Services

Mid

Company Historically Provides H1B Sponsorship

Toronto, ON, Canada

Category
Financial Accounting
Financial Analysis
Accounting
Requirements
  • BS/BA in Business, Accounting, Finance or equivalent experience preferred.
  • 4 to 6 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 innovation and leadership, particularly in promoting gender diversity and inclusion within the workplace. The goal of State Street is to provide high-quality financial services while fostering an inclusive environment for its employees.

Company Stage

IPO

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-10%

2 year growth

-10%
Simplify Jobs

Simplify's Take

What believers are saying

  • State Street's strategic acquisitions, such as stakes in BWP Trust and Australian Clinical Labs, indicate robust growth and expansion opportunities.
  • The company's exploration of blockchain-based payment solutions, including stablecoin and token launches, positions it at the forefront of financial technology innovation.
  • State Street's strong leadership team, with recent high-profile appointments, underscores its commitment to maintaining a competitive edge in the industry.

What critics are saying

  • The competitive nature of the financial services industry requires State Street to continuously innovate to maintain its market position.
  • Regulatory challenges and compliance issues, especially with new ventures like stablecoin and token launches, could pose significant risks.

What makes State Street unique

  • State Street's focus on institutional investors, including mutual funds and pension funds, sets it apart from competitors who may target a broader audience.
  • The company's commitment to innovation, such as exploring stablecoin and token launches, demonstrates its forward-thinking approach in the financial services industry.
  • State Street's emphasis on diversity and inclusion, highlighted by initiatives like WomenInFinance, distinguishes it as a leader in fostering a supportive and inclusive workplace.

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