Assistant Vice President-5

State Street

📍 Bengaluru, Karnataka, India

Full time Top Executives

Job Description

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.

    Majority of GAO capacity (circa 80%) is concentrated in 2 Global and 2 Regional GAO GFC (...

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