Your new team
Financial Reporting department is responsible for preparation of monthly, quarterly, half year end and year-end financial statements for investment funds.
Who are we looking for?
At this level you will be required to demonstrate a comprehensive knowledge and understanding of accounting standards and regulations (IFRS, Lux GAAP, UK SORP). You will be responsible for assigned Clients and will be expected to review sets of Financial Reporting Reports and reconciliations. You will work closely with Teams Leaders and their teams to deliver work according to deadlines. You will be expected to work closely with your manager and financial reporting teams in Poland to plan and deliver projects assigned and implement changes and improvements. As a Subject Matter Expert (SME) you won't have direct reports.
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Your new role
As Financial Reporting Senior Specialist, Senior Associate you will:
- Provide high quality review of sets of reconciliations and reporting packs to be used in financial statements (including Profit and Loss, Balance Sheet, Schedule of Investments, Notes to Financial Statements) for annual and interim reporting cycles
- Assist Financial Reporting Manager and Team Colleagues to ensure all deliverables are produced and dispatched on time in accordance with client service level agreements and agreed quality standards
- Be up to date with all regulatory changes. Analyze and adapt to new accounting and financial reporting standards in cooperation with other SMEs and Business Partners as well as ensure staff is trained and aware in advance about the impact of these changes
- Provide technical and planning support for new business transitions to Poland and ensure proper governance and controls are in place; perform post-transition analysis to identify process gaps.
- Observe, inspect and evaluate the performance of the preparers and the reviewers
- Support internal training team while preparing training materials and delivering training sessions to the staff
- Participate as technical SME in the development, testing and implementation of new systems to increase productivity through the usage of information systems and other tools
- Act as central point of contact for technical issues encountered in the daily business in order to reduce to a minimum the number of queries to the Customer; track issue trends and escalate as needed
- Own adoption of new tools and solutions and strongly support technical team within the department on preparation to migration, new ideas etc.
- Take a leading role in the review of corporate documentation of processes, procedures and controls; evaluate their continuing effectiveness and accuracy, initiate remedial action as necessary and ensure documentation exists for any client-specific procedures.
- Contribute to analysis and planning of financial reporting Operating Model with the aim of standardizing processes and establishing best practice.
What we value
Must have requirements:
- BA/MA degree in a related field, e.g. accounting, finance, economic or similar
- Minimum 3 years of experience working in a financial reporting environment or 4 years of funds / fund accounting experience
- Knowledge of Financial Reporting and/or Audit processes
- Thorough understanding of basic accounting principles
Nice to have requirements:
- Knowledge of accounting frameworks including IFRS, UK SORP, LUX GAAP, FRS
- PC literate with very good knowledge of Microsoft Office
- Very good command of English language
- Ability to multitask and work in a pressured environment
- Enquiring mind and a willingness to investigate and solve problems
- Ability to communicate effectively with colleagues at all levels; need to describe and explain processes
- Experience of working to deadlines, must be able to manage time effectively
We offer
- Permanent contract of employment from day one
- Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
- Gold medical package for employees and their families (partner and children)
- Premium life insurance package and private pension plan
- Employee savings plan
- Multisport Card
- Wide range of soft skills training, technical workshops, language classes and development programs
- Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
- Variety of well-being programs
- Technical or leadership career pathway
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation 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. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
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