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StateStreet

Global Accounting Operation - Emerging Lead

LocationBangalore, India
Typefull-time
SeniorityLead
Experience3–4 yrs
DepartmentGlobal Revenue Accounting
Company size10,000+ people
First seenOct 10, 2026 · 1d ago
Verified live1d ago
At a glanceSummarised by Seekless from the posting.
Must have13
Degree in Accounting, Masters, Finance with 3-4 years of progressive experience in R2R areas
Understanding of international regulatory landscape, experience with statutory accounting/reporting groups across several major international geographies
Demonstrated capabilities by improving process
Experience of performing day-to-day accounting operations, month-end and quarter-end activities
Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Outlook)
Knowledge of Hyperion Essbase, Oracle Financials
Good communication skills, presentation skills, prior experience of interacting with multiple stakeholders in NA, EMEA, APAC
Pride of ownership with the ability to deliver high quality results timely
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
Eligibility1
Equal Opportunity Employer
Skills
Oracle R12
Oracle Cloud
ORMB
SUN
Microsoft Excel
Microsoft Access
Microsoft PowerPoint
Microsoft Word
Microsoft Outlook
Hyperion Essbase
Oracle Financials
CBS
MCH
Badger
Cash Manager
Instruct
STARS
Essbase
Oracle Finapps
Benefits
Paid volunteer days
Flexible work life support
Inclusive development opportunities
About the role
The AR, BU Accountant will be responsible for booking of invoice accounting and day-to-day operation that provide support to Global Revenue Accounting group. This individual will provide subject matter expertise in the area of accounting related to AR Accounting which include:
Responsibilities
o Accounts Receivable; Billed (including aging’s)
o Fee Reserve Analysis
o Revenue Adjustments and Intercompany Revenue
o Account Reconciliations & Certifications
o Monitoring & Processing of Invoice correction and offset with open AR
o Cash Applications
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:
o Daily Review the bank statement and post the receipts in AR module(Oracle R12 & Cloud, ORMB, SUN)
o Required to participate in or conduct a wide range of accounting and financial analyses on AR accounting transactions.
o Coordinate with onshore team / Accounting Policy to determine appropriate accounting treatment for complex transactions
o Participate in or manage function specific projects as needed
o 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.
Perform the following Accounting activities:
Daily:
o Invoice upload from billing system to accounting tool
o Preparation of manual journal entries for cash application and performing reconciliation between bank v/s sub-ledger
o Cash application of receivables
o Follow up with the Business on aged billed items
o Timely and accurate back-ups for BSS open/exception and unreconciled balances
o Write off on residual invoice/receipt batch
o Follow up on unapplied cash/aged debt balance
Monthly:
o Maintain accuracy of revenue accounting process
o Coordinate month-end close including preparation / oversight of manual journal entries Oversight of account reconciliations and certifications
o Perform SOX controls
o Month close activities – Book closure, Data movement from sub-ledger to ledger etc.,
Quarterly:
o Prepare Regulatory and Internal reporting
o Perform SOX control testing
o Fee Reserve Analysis
Ad-Hoc:
o Prepare and update process narratives/procedures and flow charts
o Respond to internal and external requests including variance analysis and inquires
o Participate in Ad Hoc projects and new transactions
List of Accounting systems:
o Oracle
o CBS
o MCH
o Badger Information Classification: Limited Access
o Cash Manager or Instruct
o STARS
o Essbase
o Discoverer Viewer
o Oracle Finapps
Process Re-Engineering, Standardization, and Automation:
o Be a part of the process Re-Engineering, Standardization, Automation
o Responsibility for ongoing process improvements
o Implementation support of the GAO process re-engineering and automation efforts
Requirements
Job Requirements:
Education and Experience:
o Degree in Accounting, Masters, Finance with 3-4 years of progressive experience in R2R areas
o Understanding of international regulatory landscape, experience with statutory accounting/reporting groups across several major international geographies.
o Demonstrated capabilities by improving process
o Experience of performing day-to-day accounting operations, month-end and quarter-end activities
Skills required :
o Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Outlook)
o Knowledge of Hyperion Essbase ,Oracle Financials
o Good communication skills, presentation skills, prior experience of interacting with multiple stakeholders (Legal Entity and Geography controllers) in NA, EMEA, APAC
o Pride of ownership with the ability to deliver high quality results timely
o Strong analytical and ability to analyze and summarize complex financial transactions
o Strong attention to details
o Problem solving skill
o 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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