Total 5 job vacancies by 1685 SS CORP SVCS MUMBAI PVT LTD

• Background:

  Driven by the State Street Beacon initiative, functionalization of corporate functions and re-alignment of the Finance operating model, State Street has established Global Accounting Operations (GAO) in 2017. GAO is a process-driven function responsible for all record-to-report (R2R) processes within Controllers including:

• Integrated close and intercompany
• Revenue accounting
• Expense accounting
• Specialized product accounting
• Cash and deposit governance
• Accounts payable
• Project accounting
• Balance sheet substantiation and system to system reconciliations
• Transfer pricing
• Client profitability
• Management allocations
• Financial Systems Support

•  

  Each global process above is managed by a Global Process Owner (GPO) who owns all aspects of BAU production work, process re-engineering, and automation.

   

  Organizationally GAO combines all groups performing these activities globally – approximately 500 employees as of 1Q19.

  Majority of GAO capacity (circa 80%) is concentrated in 2 Global and 2 Regional GAO Hubs where activities are organized by process:

• Global GAO Hub in Bangalore, India (captive)
• GAO Production Hub in Coimbatore and Chennai (State Street/HCL JV)
• EMEA Regional GAO Hub in Krakow, Poland (captive)
• APAC Regional GAO Hub in Hangzhou, China (captive)

•  

  Remaining 20% of activities reside within Regional Service Delivery Teams supporting NAM, EMEA and APAC regions. These teams are organized by business unit and material legal entity and act as an interface between Global and Regional Hubs and non-GAO stakeholders – Controllers, FP&A, Treasury, and Tax etc.

   

   

  Goal of the position:

• Emerging lead in this role will be responsible for supporting the preparation and review of monthly balance sheet reconciliations.
• Partners with Line manager to drive process improvements, controls and process automation.
• Successful delivery of the Balance Sheet Substantiation Remediation Project for the assigned region.

•  

  Responsibilities & Tasks Include:

  Business as Usual (BAU) Activities:

• Perform and review monthly Balance sheet reconciliations for various assigned accounts on a timely basis to a high standard.Perform self review and identify key risks and opportunities to improve.
• Work closely with other teams within GAO to ensure approved substantiation policies are adhered.
• Ensure all the open items on these reconcilaitions are correctly recorded and timely cleared.
• Ensure all agreed SLAs for the assigned processes are met.
• Accountable for the delivery of any monthly reporting activity assigned.
• Prepare high quality internal control documentation and standard operating procedures.
• Escalate any issues to line manager and avoid any unfavourable impact on process delivery.
• Establish strong working relationships with key stakeholders, own and proactively manage key relationships.

•  

   

  Process Re-Engineering, Automation and Change Management

• Continuous process improvement leveraging GAO ideation and maintain tracking frameworks.
• Partners with Line managers to drive process and controls improvements and process automation.

•  

   

  Job Requirements:

  Education and Experience:

• Bachelor/Master Degree in Finance or MBA
• 4-6 years of progressive experience in Balance Sheet Substantiation, Accounting Operations, Controllers, Business Controls, Finance & Risk Assurance.
• Experience in Balance sheet reconciliations process in a Shared Services environment a plus
• Experience and knowledge of the US GAAP and IFRS accounting standards
• Hands on experience in creating and maintaining strong controls environment

•  

  Skills required:

• Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio),
• Knowledge of Hyperion Essbase, Oracle Financials a plus
• Pride of ownership with the ability to deliver high quality results timely
• 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

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:

o    Accounts Receivable; Billed (including aging’s)

o    Fee Reserve Analysis

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

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    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    Organized with ability to multi-task and work under high pressure deadlines

o    Must be able to work in a fast paced environment

Job Description

CRD is currently expanding the capabilities of our products in several new areas. The Senior Software Engineer / Java Developer will work on developing new Java middle tier / server side functionality for the system. This position will involve new product development and requires financial software experience or alternatively a strong understanding and interest in financial markets.

We employ 200+ of the best and brightest developers and quality engineers in the software industry. This is an opportunity to work within a very strong, senior level engineering team and help to develop challenging new products in the financial space.

Responsibilities

• The Software Engineer / Java Developer influences and impacts the architecture, standards, and design of key product initiatives for applications in Java services in Cloud Native Technologies.
• Contribute as a Sr. individual contributor within a team of top engineers
• Work in a dynamic, fast-paced, Agile team environment

Requirements

• BS/MS in Computer Science or equivalent field is REQUIRED
• 5 to 10+ years of commercial software development, proficient in developing multi-tier solutions
• Minimum 5 years of professional Java development experience
• Technical experience includes:
  • extensive Java, J2EE n-tier application experience
  • hands-on experience with web services
  • strong SQL skills with considerable experience in Oracle or SQL Server
  • knowledge of XML / XSL
  • experience with Tomcat, SpringBoot
  • strong with OO design and development
  • solid grasp of algorithms, solving difficult heuristic/optimization types of problems
  • experience with developing applications for the financial markets is high desirable (Fixed Income, Trading, FX, Risk, Portfolio/Wealth Management, Market Data, FIX etc)
• Product delivery experience includes developing and supporting commercial software products which were sold to non-technical customers in vertical markets
• Sr. Individual Contributor or Architect level considered the top within their organization
• Ability to work independently, handle multiple tasks simultaneously and adapt quickly to changes
• Excellent communication skills (verbal and written), good interpersonal skills, ability to gather and understand requirements in the financial sector

Job Description Summary:

       This position is responsible for the delivery of payroll services & manage team including operations support to State Street entities for Australia & SE Asia countries  in accordance with Company Service Level Agreements that will ensure accuracy and timeliness as well as full compliance with legislation, company policy and control procedures.

Primary Job Duties and Responsibilities:

This position requires an experienced payroll and HR operations professional with strong technical and business process skills, and the ability to interact at all levels of the organization. A requirement to demonstrate a flexible approach and ability to work at a strategic governance level whilst also operating in a ‘hands on manner’ to ensure all deadlines are adhered to

Continually execute the GHR Shared Services Strategy to ensure alignment to corporate and GHR goals .

• Act in an advisory and strategic role when looking at legislative changes and trends to assess and impact future strategy
• Continue the evolution of the GHR operating model with an emphasis on service delivery through a globally consistent, scalable support model and enhanced self-sufficiency
• Researches best practices, evaluating “as is” processes and redesigning them to achieve better efficiency, effectiveness and control compliance
• Operationalize end-to-end local regulatory requirements and GHR policies and programs, as well as those of other corporate groups, into the daily operations of GHRSS; global, regional and local outsourced administrative vendors

Provide effective Governance and Management of resources and processes to identify and manage risk under a focus of risk excellence.

• Providing oversight to payroll activities across multiple countries delivered by various providers, to include coordinating related activities with Finance, Legal, etc.; providing Tier 3 customer support for such HR services.
• Responsibility for benefit and pension administration to ensure effective controls are utilized and payments are delivered to correct third parties within the scheme deadlines
• Act as key contact for all payroll and employment tax audit activities such as liaison with internal and external auditors to assist with understanding the key processes, providing evidence of key controls
• Ensuring correct statutory and payroll treatment of inbound and outbound assignees and short term business visitors via liaison with Global Mobility & external tax consultant
• Providing oversight to all payroll and employment tax audit activities, including maintaining a working relationship with local revenue and governmental agencies
• Responsible for employment taxation and governance including expense policy review, including all related tax reporting
• Ensure a focus on maintaining data privacy in line with global and local requirements across GHR Shared Services
• Review and provide approval where required including payroll output and payments
• Act as a local escalation point for all payroll issues
• Ensure adoption of compliance initiatives across the GHRSS international operation
• Ensure support the full SOX & Audit requirements in a position of audit readiness
• Ensure strong vendor management framework is followed whilst supporting all due diligence and relationship management ( TPRM )
• Support the continued development of a comprehensive vendor management program with an emphasis on risk mitigation policies and practices (ISRMP)
• Ensure documented BCP plans
• Demonstrate the ‘Risk Excellence’ culture in your behavior
• Develop effective working relationships and communications with staff and ensure that staff are motivated, developed and supported
• Establish and monitor an effective delegation framework to ensure that tasks are performed by staff members with appropriate capacity and authority level (based on knowledge, skills and competence
• Establish and monitor an effective oversight framework to ensure that issues are appropriately identified, escalated and resolved
• Ensure that the highest level of the Code of Conduct is displayed in your own and staff behavior

Ensure effective Stakeholder and project management programs are supported around all GHR Shared Service activity

• Effectively communicate and collaboration with all leadership levels as a key partner and regional lead for regional and local initiatives and strategies
• Develop and build strong partnerships across key areas such as GHR, Finance, Corporate Tax, Audit and Compliance

Skills and Essential Experience:

• 10-12 years of experience in a payroll/HR operations position in a multi-country (Australia, Hongkong, Taiwan, Korea, Singapore, Malaysia, Thailand, Brunei) payroll environment with a strong understanding of best practice around controls, regulations, tax compliance, and working with outsourced providers
• Strong analytical and problem solving skills
• Excellent organizational skills with the ability to work in a dynamic business environment
• High attention to detail with demonstrated project management and process improvement skills
• Strong oral and written communication skills
• Working knowledge of HRIS and payroll systems required, with Workday and ADP Payforce experience a plus
• Employment tax knowledge is desirable

Required Competencies :

• Team motivation and Leadership
• Management of virtual teams
• Embraces culture of risk excellence
• Strong interpersonal, influencing, and customer service skills
• Uses independent action, judgment and decision-making
• Demonstrates flexibility to meet changing business needs and priorities
• Displays a positive attitude toward work and the work environment

Who we are looking for

Charles River Development is rapidly growing its Software-as-a-Service platform. We are looking for a hands-on, well rounded solution and support engineer for our growing Infrastructure Support team. This team is responsible for the design, administration, and daily operation of critical systems used to support our clients’ Production, Disaster Recovery, and Test environments. The team also helps to develop new support services and architects our core infrastructure. We offer an opportunity for talented and driven individuals to get on board with an organization that values personal initiative and growth.

Why this role is important to us

The team you will be joining is a part of Charles River Development (or CRD), that became a part of State Street in 2018. CRD helps create enterprise investment management software solutions for large institutions in the areas of institutional investment, wealth management and hedge funds. Together we have created first open front-to-back platform - State Street Alpha, that was launched in 2019.

Join us if delivering next generation infrastructure, using emerging technologies like AI and Blockchain sounds like a challenge you are up for.

Job Description

• Respond to requests for technical assistance via phone, email or in person (remotely or on-site).

• Diagnose software issues and recommend the appropriate solution.
• Analyze problems, answer questions and provide training related to the software.
• Identify and test workarounds for bugs or deficiencies in the software.
• Research issues dealing with third party software.
• Follow a standard set of procedures and methods when responding to customer requests or inquiries.
• Conduct research on questions and issues using available information resources and other product specialists.
• Contribute to the continuous enhancement and improvement of support processes and methods.
• Successfully handle “sensitive” issue related situations that affect the perception of how CRD resolves customer problems.
• Manage special projects as required. 
• Keep a detailed log of all customer interactions and prepare resolution reports for issues reported by the customer.
• Complete any other related task as assigned.

Education and Experience Requirements

• 12+ years overall work experience in the world of Financial Technology 
• Four (4) year degree in a technical field such as Finance, Economics, Financial Engineering, Mathematical Finance or another relevant field
• MBA or CFA or FRM is preferable 
• Thorough understanding of Trade Life Cycle and System Development Life Cycle
• Experience in the Charles River application or any Order Management and Execution Management Systems is preferred
• Prior trading support, Middle and Back Office Operations, Fund Accounting or Trading experience is highly preferred.
• Advanced working knowledge of Fixed Income, Derivative and Equity financial instruments
• Prior experience of interacting with Portfolio Managers, Traders, Brokers is preferred  
• Strong communication and interpersonal skills, written and oral; confident in interaction with senior stakeholders.
• Strong analytical skills including process analysis. Very strong interest in the underlying detail of the analysis is a must.
• Demonstrate excellent process and project management skills.
• Ability to organize, prioritize, balance key tasks and manage time effectively.
• Comfortable facilitating project working groups and possesses strong data gathering skills.

• Must be customer driven, have the ability to work within a team environment, and be focused on providing a high quality of service to the customer.
• Good understanding of SQL

Physical Requirements:

• Involves work of a general office nature usually performed in a stationary position (E.G. sitting or standing) such as answering the phone, operation of a computer, and/or operation of a photocopier.
• Involves movement between departments to facilitate workflow.

Internal and External Contacts:

• Interfaces regularly in both verbal and written form with all levels of professionals.
• Interfaces regularly with external customers and other parties.

Reporting Structure:

• Reports to Team Lead or Manager in SaaS Operations, who provides supervision, guidance and evaluates work performance on a periodic basis.

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