Associate 2 – Fund Accounting & Administration Job Vacancy in State Street Bengaluru, Karnataka – Updated today

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Full Details :
Company Name :
State Street
Location : Bengaluru, Karnataka
Position :

Job Description : Overall Responsibilities
Monitors, reviews and validates all daily work to ensure accurate timely calculations and processing
Employee will be responsible for duties of Associate I if required
Coordinates and supervises work efforts when multiple Associates are needed to complete work
Works in conjunction with individuals on the team as well as other shared service teams/COE’s and Client Operations to ensure seamless processing according to the fund’s policies
Support review of SEC Yields in compliance with ICI guidelines and client policy
Supports the review and validation of complex security income reported in the SEC Yields as needed
Accounts for all activity in an accurate and timely manner and maintains all required controls to ensure overall accuracy
Supports the review and validation of data as needed
Supports the preparation and review of monthly control books/audit packages and assists in timely and accurate resolution of discrepancies
Supports the production of financial reports for shareholder, director and management reports, in an accurate and timely manner.
Distributes information to Client Operations teams
Supports training of new hires as necessary
Remains familiar with back-up procedures when system applications and/or transmission problems arise
Prepares and verifies information for various projects/special requests that arise
Researches and resolves complex exceptions and issues. Elevates unresolved issues to management, as required
Covers various supervisory functions when necessary
Maintains records in support of audits
Accounting Specific Responsibilities
Ensures accurate income, expense, share and NAV information for daily calculation of SEC Yields.
Researches and resolves discrepancies with the Income, Accounting and Client Operations teams
Populates, reviews and submits components of SEC Yield, as necessary

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