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StateStreet

Revenue_Accounting_AVP

LocationBangalore, India
Typefull-time
SeniorityVP
Experience12–14 yrs
DepartmentController GFC
Company size10,000+ people
First seenOct 8, 2026 · 3d ago
Verified live1d ago
At a glanceSummarised by Seekless from the posting.
Must have26
Master’s Degree in Accounting or equivalent
Chartered Accountant (CA) or Certified Public Accountant (CPA)
MBA-Finance
12-14 years of progressive experience in R2R areas with major financial institutions
Extensive practical experience and knowledge of US GAAP and IFRS accounting standards
In-depth knowledge of supported products
Understanding of international regulatory landscape
Experience of building and maintaining strong control environment (SOX, RCSA)
Demonstrated leadership in improving/building-out process groups for multiple geographies and business areas
Extensive experience of managing teams performing day-to-day accounting operations, month-end and quarter-end activities
Experience of leading re-engineering of R2R processes and centralization for major financial institutions
Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio)
Advanced Excel skills (pivot tables, formulas, workbook maintenance best practices)
Knowledge of Hyperion Essbase, Oracle Financials
Conceptual understanding of company-wide financial architecture
Senior-level communication and presentation skills
Prior experience of interacting with multiple stakeholders in NA, EMEA, APAC
First or second level management expertise required
Independent decision-making capabilities
Pride of ownership with ability to deliver high quality results timely
Self-motivated, self-assured, and self-managed
Strong analytical and ability to analyze and summarize complex financial transactions
Strong attention to details
Problem solving skill
Highly organized with ability to multi-task and work under high pressure deadlines
Must be able to work in a fast paced environment
Nice to have1
Knowledge of Spotfire, Tableau, Alteryx, Python, RPA, PowerBI data analytics and visualization a plus
Eligibility1
Equal Opportunity Employer - considers all qualified applicants without regard to protected characteristics
Skills
RAW
ORMB
CBS
MCH
Badger
Cash Manager
Instruct
Salesforce
STARS
Essbase
Discoverer Viewer
Oracle
Microsoft Excel
Microsoft Access
Microsoft PowerPoint
Microsoft Word
Microsoft Visio
Hyperion Essbase
Oracle Financials
Spotfire
Tableau
Alteryx
Python
RPA
PowerBI
Benefits
Paid volunteer days
Functional Job Title : Revenue, AR, BU Accounting SME –AVP
Reports to : Revenue, AR, BU Accounting and Billing GPO – VP
Department/ Division : Controller GFC, Bangalore
Basic Purpose of Job::
The Revenue, AR, BU Accounting SME will be responsible for all aspects of revenue recognition, US GAAP, and day-to-day management of a team of experienced Accounting professionals that provide support to Global Revenue Accounting group. This individual will provide subject matter expertise in the area of accounting related to Revenue Accounting which include:
•
Revenue Accruals under GAAP revenue recognition principles
Responsibilities
•
Fee Reserve Analysis
•
Revenue Adjustments and Intercompany Revenue
•
Account Reconciliations & Certifications
•
Accounts Receivable; Billed and Unbilled (including aging’s)
•
Monitoring & Processing of Client Concessions / Revenue Reversals
•
SOX Controls
•
Cash Applications
•
Financial reviews with controllers / RIC
•
Financial Reporting for Regulated LE of Canada
In addition to Business As Usual (BAU) responsibilities as described above, this role will lead the process re-engineering, standardization, and automation efforts.
Responsibilities & Tasks Include:
Business As Usual (BAU) Activities:
•
Collaborate closely with the onshore team to understand expectations and deliverable timelines and ensure that deliverables of the team are load balanced as compared to team staffing.
•
Develop the team to adopt “owner’s mind set”, work independently, and effectively manage timelines
•
Manage resources to assist with ad-hoc projects and new transactions to support the GAO Accounting controller group
•
Lead the day to day activities of an accounting team that is performing Revenue Accounting.
•
Performing managerial reasonableness reviews and discussing reporting & analytics deliverables prepared by the team to ensure results make sense, that messaging is on point for the audience and ensuring the core objective of the deliverable is met
•
Provide support to key stakeholders of the team to present analytical results, findings
•
First point of escalation within the local reporting line for dealing with issues (people/process/technology) and ensuring that compliance requirements are adhered to (e.g. company policies surrounding standard of conduct, information security, employment regulations)
•
May be required to participate in or conduct a wide range of accounting and financial analyses on critical and complex issues which may include variance analysis and accounting transactions.
•
May serve as a subject matter expert on particular accounting transactions. Coordinate with onshore team / Accounting Policy to determine appropriate accounting treatment for complex transactions
•
Coaches the team and works with onshore leadership to establish the team member goals and gather feedback for performance appraisals.
•
Participate in or manage function specific projects as needed
•
Ensure completion of deliverables within the committed timeframe including assistance with development of deliverable plans, attending deliverable specific or recurring meetings between the team and the onshore team. Team deliverables revolve around
•
Collaborate with Revenue Operations (Billing) teams on initiatives, errors, new contracts, etc.
Oversight of Revenue team performing the following Accounting activities:
Daily:
•
Monitor General Ledger activity for accuracy based on US GAAP rules
•
Preparation of manual journal entries for accrual and adjustment revenue activities
•
Cash application of receivables
•
Follow up with the Business on aged billed and unbilled items
Monthly:
•
Maintain accuracy of revenue accrual process
•
Coordinate month-end close including preparation / oversight of manual journal entries Oversight of account reconciliations and certifications
•
Perform SOX controls
Quarterly:
•
Prepare Regulatory and Internal reporting
•
Perform SOX control testing
•
Fee Reserve Analysis
Ad-Hoc:
•
Prepare and update process narratives/procedures and flow charts
•
Response to internal and external requests including variance analysis and inquires
•
Participate in Ad Hoc projects and new transactions
•
Perform user access reviews & certifications
List of Accounting systems:
RAW (Revenue Accrual Workstation)
ORMB
CBS
MCH
Badger
Cash Manager or Instruct
Salesforce
STARS
Essbase
Discoverer Viewer
Oracle
Process Re-Engineering, Standardization, and Automation:
•
Lead the process Re-Engineering, Standardization, Automation
•
Responsibility for ongoing process improvements
•
Responsibility for execution of right-placement strategy
•
Implementation support of the GAO process re-engineering and automation efforts
Job Requirements:
Education and Experience:
•
Master’s Degree in Accounting, Chartered Accountant (CA) or Certified Public Accountant (CPA)/MBA-Finance with 12-14 years of progressive experience in R2R areas with major financial institutions
•
Extensive practical experience and knowledge of the US GAAP and IFRS accounting standards
•
In-depth knowledge of the supported products.
•
Understanding of international regulatory landscape, experience with statutory accounting/reporting groups across several major international geographies.
•
Experience of building and maintaining strong control environment (risk excellence, experience with SOX, RCSA controls, etc.), establishing policies, procedures and strong internal controls.
•
Demonstrated leadership in improving/building-out the above process groups for multiple geographies and business areas
•
Extensive experience of managing teams performing day-to-day accounting operations, month-end and quarter-end activities for the above areas of accounting
•
Experience of leading re-engineering of R2R (record-to-report) processes and driving similar centralization of the end-to-end activities for the major financial institutions
Skills required :
•
Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices)
•
Knowledge of Hyperion Essbase ,Oracle Financials
•
Knowledge of Spotfire, Tableau, Alteryx, Python, RPA, PowerBI data analytics and visualization (or similar) a plus
•
Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups of processes
•
Senior-level communication skills, presentation skills, prior experience of interacting with multiple stakeholders (Legal Entity and Geography controllers) in NA, EMEA, APAC
•
First or second level management expertise required
•
Independent decision-making capabilities, demonstrated thought leadership
•
Pride of ownership with the ability to deliver high quality results timely
•
Self-motivated, self-assured, and self-managed
•
Strong analytical and ability to analyze and summarize complex financial transactions
•
Strong attention to details
•
Problem solving skill
•
Highly organized with ability to multi-task and work under high pressure deadlines
•
Must be able to work in a fast paced environment
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.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
Legal
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
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