Functional Specialist Shared Services Accounting Associate - Bangalore - State Street
- Functional Specialist Shared Services Accounting Associate
- State Street
- Bangalore KA
- 17 Feb, 2017 30+ days ago
State Street as the company that open the jobs vacancy, have some qualification and spesification especially for the Functional Specialist Shared Services Accounting Associate jobs vacancy. To find out more information and about qualification and spesification details, walkin interview schedule, the address of the company, the company contact info (email/phone number) of State Street company, please start to apply for the job vacancy with fill the jobs application with click the 'Apply This Job' button below.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
Our promise to maintain an environment where every employee feels valued and able to meet their full potential infuses our company values. It’s also part of our commitment to inclusion, development and engagement, and corporate social responsibility. You’ll have tools to help balance your professional and personal life, paid volunteer days, and access to employee networks that help you stay connected to what matters to you. Join us.
The main function of the role is: Work in conjunction with individuals on the team as well as other Shared Services/COEs, outsource partners, Client Operations, other business units as needed to ensure seamless processing according to the fund’s policies, to ensure NAV/yield accuracy and that all SLAs are met.
Validate and review all daily activity while maintaining all required controls
Calculate and process fund and account activities, e.g. supporting NAV, SEC yields, cash movements, distributions, corporate actions, bank loans, processed transactions, etc. and prepares proofs as needed
Support the review and validation of data as needed, e.g. fund Net Asset Values, etc. as well as distribute information to Shared Services and Client Operations teams
Research and resolve exceptions, reconciliations, incorrect transactions and issues
Receive and resolve inquiries in a timely and accurate manner and communicates effectively with clients when necessary
Escalate unresolved issues to management as required
Maintain appropriate records of daily and monthly activities
Support the production of financial, performance and/or quality reports for client, shareholder, director and management as needed
Maintain knowledge of current alternative procedures and processes
Document any updates or changes to formal procedures, databases, etc.
Prepare and verify information for various projects/special requests as directed
Support training of new hires as necessary
During the course of normal day to day operations, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
Perform other duties as assigned
Bachelor’s Degree in Commerce / Economics with a specialization in Business, Accounting, Finance or equivalent experience preferred
Minimum of 0-2+ years of related Custody and/or Fund Accounting experience.
Knowledge of securities language and legal requirements.
Good interpersonal and organizational skills.
Some understanding of operational functions within Custody and/or Fund Accounting.
Demonstrated computer proficiency and working knowledge of various software applications.
Job Opening ID
State Street Job ID: 152227
Location: Enter Hyderabad
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