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Managing Director - Global Accounting Operations

10.00 to 14.00 Years   Bangalore   25 Nov, 2022
State Street Corporation
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

    The role will be part of the GAO Leadership team and reports to the Head of GAO. The importance of this role is evident from the fact the incumbent will have to leverage their strong accounting acumen for driving seamless delivery of a wide range of processes, build and sustain functional capabilities, connect the dots across functions and the various ongoing change initiatives and importantly strengthen the controls on a business as usual basis. GAO is driving transformation across its processes and an important aspect of the role is to lead, drive and manage the change while challenging the status quo in partnership with the stakeholders.Our people being the core of our business, driving up the engagement levels would also be an essential imperative. The roles requires leveraging the strong partnership that currently exists across Finance to communicate, escalate and update on a timely basis. This role will be a key partner to the Head of Global Accounting Operations as we develop the target state operating model and best in class processes for the future of accounting.The accountability of the role will encompass the overall Global Process Ownership for Integrated Close & Inter-company, Specialized Accounting, Tax, Cash Deposits & Governance and Out of Pocket Expenses Accounting. The span will cover these teams that are geographically spread across GFCs in India and China in addition to working closely with the management team in the JV to ensure high quality service delivery of the outsourced processes.What you will be responsible forOwnership of timeliness and quality of output with extended oversight of the JV processes and act as an escalation point for JVMaintain a robust controls environment, complete and accurate inventory of processes, timely flagging, tracking and remediation of process, identify and remediate inconsistent design of controls within the same tower; monitoring of controls effectivenessMeet SLA requirements and achieve performance metrics consistentlyHelp drive reduction of manual touch points and build efficient straight through processesDevelop process metrics and data quality and performance dashboards, reports and metricsWhat we valueUnderstanding of State Street Institutional Services client segments, service offerings, and operational delivery teams and platformsAbility to navigate through complex organizational structures, resolving tactical issues and providing guidance to the team through various execution workstreamsPartnering on large scale global enterprise programs and system implementation and/or experience in driving complex, firm wide projects across multiple stakeholdersProven leadership skills in managing large teams, developing and maturing the team skill-set and motivating teams through challenging environmentsEducation & Preferred QualificationsBachelor/Master Degree in Finance or MBA. CA, CIMA preferredKnowledge of accounting principles, Accounting Operations, Controllers, Business Controls, Finance & Risk Assurance with exposure to US GAAP and IFRS standards15 - 20 years of progressive experience in Accounting Operations, Controllers, Business Controls, Finance & Risk Assurance,

Keyskills :
salesmarketingbusiness developmentfinance

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