Job Description
Basic Purpose of Job::
The Senior Associate will be responsible for all aspects of US GAAP, IFRS and reporting for Capital Markets products. This individual will develop extensive operational knowledge and provide subject matter expertise in the area of accounting related to the products which includes:
• Securities Lending
• Credit Enhancements
• Repo/Reverse Repo
In addition to Business As Usual (BAU) responsibilities as described above, this role will identify opportunities for standardization, and automation efforts.
Responsibilities & Tasks Include:
Business As Usual (BAU) Activities:
• Develop the team to adopt "owner's mind set", work independently, and effectively manage timelines
• May be required to provide accounting analyses or research on critical and complex issues which may include variance analysis of accounting transactions related to the products supported.
• Develop subject matter expertise in all aspects of the products under responsibility including operational aspects of a particular accounting transaction.
• Participate in or manage function specific projects as needed
• Ensure high quality and completion of deliverables within the committed timeframe. Team deliverables revolve around;
Daily:
• Monitor Peer Repo
• Monitor EC related balances
Weekly:
• Book settlement journal entries
• Mid month-revenue estimates
Monthly:
• Coordinate month-end close including prepare manual journal entries and export accounting system reports
• Review/Prepare account reconciliations and certification
• Process/Review SSGA Management fee invoices
• Prepare working files related to Agency/EC/Peer Repo businesses
Quarterly:
• Prepare Regulatory, SEC, and Internal reporting
• Perform CCAR CFO attestation control testing
• Perform SOX control testing
• Process Trustee Fee payments
Annual:
• Process Trustee Fee Payments
• Calculate Management Fees
Ad-Hoc:
• Prepare and update process narratives/procedures and flow charts
• Response to internal and external requests including variance analysis and inquires
• Participate in Ad Hoc projects and new transactions
• General ledger account requests
• Accounting systems maintenance and upgrade
• Responsibility for ongoing process improvements
• Assist in implementation of the GAO process re-enginerring and automation efforts
The Senior Associate will be responsible for all aspects of US GAAP, IFRS and reporting for Capital Markets products. This individual will develop extensive operational knowledge and provide subject matter expertise in the area of accounting related to the products which includes:
• Securities Lending
• Credit Enhancements
• Repo/Reverse Repo
In addition to Business As Usual (BAU) responsibilities as described above, this role will identify opportunities for standardization, and automation efforts.
Responsibilities & Tasks Include:
Business As Usual (BAU) Activities:
• Develop the team to adopt "owner's mind set", work independently, and effectively manage timelines
• May be required to provide accounting analyses or research on critical and complex issues which may include variance analysis of accounting transactions related to the products supported.
• Develop subject matter expertise in all aspects of the products under responsibility including operational aspects of a particular accounting transaction.
• Participate in or manage function specific projects as needed
• Ensure high quality and completion of deliverables within the committed timeframe. Team deliverables revolve around;
Daily:
• Monitor Peer Repo
• Monitor EC related balances
Weekly:
• Book settlement journal entries
• Mid month-revenue estimates
Monthly:
• Coordinate month-end close including prepare manual journal entries and export accounting system reports
• Review/Prepare account reconciliations and certification
• Process/Review SSGA Management fee invoices
• Prepare working files related to Agency/EC/Peer Repo businesses
Quarterly:
• Prepare Regulatory, SEC, and Internal reporting
• Perform CCAR CFO attestation control testing
• Perform SOX control testing
• Process Trustee Fee payments
Annual:
• Process Trustee Fee Payments
• Calculate Management Fees
Ad-Hoc:
• Prepare and update process narratives/procedures and flow charts
• Response to internal and external requests including variance analysis and inquires
• Participate in Ad Hoc projects and new transactions
• General ledger account requests
• Accounting systems maintenance and upgrade
• Responsibility for ongoing process improvements
• Assist in implementation of the GAO process re-enginerring and automation efforts
💡 Quick Summary
Seeking a career-building opportunity? The Specialized Accounting | Emerging Lead position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.