Logo of Huzzle

Financial Reporting - Associate 2

  • Job
    Full-time
    Junior & Mid Level
  • Accounting & Tax
    Banking & Finance
  • Hyderabad, +1
  • Quick Apply

AI generated summary

  • You need a Bachelor’s in Commerce/Economics, strong Excel skills, communication and organizational abilities, and 1-3 years of experience in accounting or finance.
  • You will prepare and review financial statements, meet deadlines, utilize technology, assist in training, and manage ad-hoc tasks while ensuring accuracy and compliance with GAAP.

Requirements

  • Bachelor’s Degree in Commerce / Economics with a specialization in Business, Accounting, Finance or equivalent experience preferred
  • Demonstrated computer proficiency, including advanced knowledge of Microsoft applications {Excel, Word etc.}, as well as problem solving and analytical skills
  • Strong communication, interpersonal, organizational, and time management skills
  • 1-3 year of experience in related accounting or finance field preferred

Responsibilities

  • Prepare private equity and hedge fund financial statements in accordance with relevant GAAP and regulatory requirements, clear comments and assist with draft and support distribution to client and auditors, ensure that all deliverables are completed accurately and within agreed upon time
  • Assist in the preparation, self-review and delivery of applicable services
  • Understand and meet all deadlines, manage time accordingly and escalate any issues to the Senior Associate or Officer responsible
  • Accurately complete and sign off on all SOPs and checklists
  • Effectively use automation and technology
  • Volunteer for ad-hoc projects and help with last minute requests
  • Provide on-the-job training and ensure coverage for activities

FAQs

What is the primary purpose of the Financial Reporting - Associate 2 role?

The primary purpose of the role is to provide end-to-end support to investment company clients for the timely preparation of financial statements within stringent deadlines for audit and client review.

What time zones will the selected candidates be required to overlap with?

Selected candidates will be required to work shifts that allow reasonable overlap with US, APAC, and EMEA hours.

What type of financial statements will an Associate 2 prepare?

An Associate 2 will prepare private equity and hedge fund financial statements in accordance with relevant GAAP and regulatory requirements.

What qualifications are preferred for this position?

A Bachelor’s Degree in Commerce/Economics with a specialization in Business, Accounting, Finance, or equivalent experience is preferred.

How much experience is required for this role?

Ideally, candidates should have 1-3 years of experience in a related accounting or finance field.

What key skills are valued for success in this role?

Fund Accounting, transaction processing, financial analysis, excellent communication skills, problem-solving, and statistical analysis are valued skills for this role.

Will there be opportunities for training and development?

Yes, there will be opportunities for on-the-job training, as well as access to various development programs and educational support.

Is State Street an equal opportunity employer?

Yes, State Street is an equal opportunity and affirmative action employer.

What benefits does State Street offer?

State Street offers a comprehensive benefits package, which may include generous medical care, insurance and savings plans, flexible work programs, and professional development opportunities.

How does State Street prioritize inclusion and diversity?

State Street actively promotes an inclusive environment that values employees’ diverse backgrounds, experiences, and perspectives, and encourages candidates from diverse origins to apply.

We’re at the heart of financial services. And our clients are at the heart of everything we do.

Finance
Industry
10,001+
Employees
1792
Founded Year

Mission & Purpose

At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future.