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Why this role is important to us
Our Finance organization has successfully adopted a process-based organization within Controllership. Global Accounting Operations (GAO) is a core pillar of Controllership, owning high-volume, high-risk accounting processes and driving global standardization, centralization, and automation across end-to-end accounting activities. The model has now matured significantly, yielding centralization, standardization, and process improvement benefits. Importantly, in-depth subject matter expertise has been established resulting in stronger collaboration, higher stakeholder engagement and faster change management.
Building on this foundation, Global Accounting has undertaken a large-scale, zero-based process simplification initiative, aligned with the broader Finance transformation agenda. The Global Accounting team continues to operate as a trusted partner, consistently adding value and enabling better business outcomes.
Who we are looking for
The role will be responsible for the endtoend ownership of revenue accounting and accounts receivable within Global Accounting Operations. As State Street's revenues are predominantly derived from servicing and management fees, accurate revenue recognition and disciplined AR management are critical to financial integrity, stakeholder confidence, and external reporting.
The role ensures timely, accurate, and wellcontrolled revenue recognition and AR reporting across regions, supported by clear and credible explanations of movements, risks, and exceptions for senior Finance leadership.
This role serves as the single point of accountability for Revenue and AR close execution, governance, controls, audits, and issue resolution. In addition to delivering strong close and control outcomes, the role is responsible for driving continuous process improvement through simplification, automation, and the use of technology and AI.
The incumbent is expected to lead and develop a team of accountants, ensuring operational sustainability, building a strong talent pipeline, and fostering the capability to engage effectively with a broad range of stakeholders. Prior experience partnering closely with Technology teams and operating within the Controllership function of a large, global financial services organization is highly desirable.
The role works in close collaboration with Finance leadership, Controllers, FP&A, Technology, and Corporate and External Audit teams to maintain stakeholder confidence and strong control outcomes.
The position is based in Bengaluru, India.
Education & Preferred Qualifications
What We Value
Are you the right candidate Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs 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 perspectives 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 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 programs 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
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.
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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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.
Job ID: 144921689