Financial Reporting / Analysis / Planning, SrAssc

Basic Purpose of Job:

The Expense IC Assistant Manager provides subject matter knowledge in the assigned area of Financial Planning & Analysis develops a thorough develops a thorough understanding of State Street’s business practices to effectively perform independent, complex reporting or analytics to support the ad-hoc needs of the Expense IC leads business unit Chief Financial Officer (CFO).

Responsibilities & Tasks Include:

·Completion of high-quality deliverables within the committed timeframe.  Deliverables vary by BU focus but typically relate to.

1.Month/quarter/year-end closing, Budget and Forecast

2.Deep dive analysis and Consolidation

3.Expense reviews (Direct expenses and Allocated expenses)

4.Help in preparing Expense walks - waterfalls.

5.Variance analysis along with preparation of management presentations describing insights.

6.Holistic view of overall Indirect Expense Allocation process

7.Working knowledge on advanced excel including VBA and power query.

8.Service Delivery, Technology and other General & Administrative Chargebacks and various methodologies backing the allocations.

·Communicate with business units throughout the company to collect information for Expense management reporting and analyses.

·Work closely with Expense Analytics team members and extended EIC team to provide requested analysis, reports, and metrics.

·Responsible for timely and accurate preparation of various financial analyses on critical and complex issues which may include variance analysis, forecasts, budgeting, and accounting transactions.

·Serves as a subject matter expert, drive project, work streams to enhance processes and reporting.

·Develop and/or update various financial models to generate analyses.

·Stay abreast of changes/updates, review and interpret guidance, and apply changes as needed.

·Prepares reports and presentations packages. Interprets results for management.

·Work cross-geographically to share knowledge to ensure consistent and accurate reporting.

Job Requirements:

Education and Experience:

·7-8 years of experience within Financial Planning & Analysis

·MBA/ CA or secondary education preferred.

·Financial service industry experience preferred.

·Preparation and analysis of Financial Statement and experience in a global setting

·Working experience with business unit finance heads across regions

Skills/ Knowledge:

·Knowledge of Hyperion Essbase, VBA, Power Query.

·Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word), advanced levels of excel (pivot tables, formulas, excel workbook maintenance best practices)

·Strong executive presence, detail oriented and well organized, strong interpersonal skills, ability to prioritize work, ability to interact and manage expectations from Senior Management.

·Have solid problem-solving skills as well as written and verbal communication skills.

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