Financial Reporting, VP

Who we are looking for:

Responsible for preparing and analyzing periodic (quarterly, semi-annual and annual) financial statements in accordance with Investment Company IFRS/GAAP requirements for alternative investment funds (Mutual, Hedge, Private Equity and Real Estate).

Why this role is important to us:

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for:

As Financial Reporting, VP, you will:

• Supervising local Hangzhou including staffing, succession, training and cyclical delivery

• Managing relationships with onshore management teams and internal divisions of Hangzhou for stronger collaboration

• Be responsible for development and execution of overall business plans both internally and in partnership with department heads and onshore counterparts

• Strive to provide better straight through processing service to our clients, always seeking ways to improve and automate current processes

• Rich experience in operation risks of financial service to identify and remediate any risks from manual errors, procedure expiry, data loss, and external communication

• Build and Manage team-wide and individual KPI performance appraisal measures to continuously monitor and improve service quality and quantify team’s quality improvement

• Foster an environment of learning and engaging to grow junior members and address employee concerns and sensitivities.

• Open-minded to trending changes in regulatory reporting industry, vendor solutions and related-technologies and executive department/hub-level technical initiatives to boost productivity and simplify operations with lower risks

• Partner with internal and external stakeholders to identify automation opportunities by analyzing processes and assessing feasibility for automation

• Define and executive team strategies to sustain the services and transform the way team operates

• Understand the benefits and constraints of various transformative technologies and solutions and be able to engage or even lead technical staff to work out automation and innovative projects

What we value

These skills will help you succeed in this role

• Minimum 10 years of experience in a professional services environment with solid people management skills of medium to large (20+) organization

• Accountable for KPI performance, expense, budget control and productivity of the team

• Strong incident management and post-mortem problem remediation skills to identify root cause of incidents and uproot risks with remedial actions

• Confident in autonomous decision making. Ability to initiate and drive change (previous track record of managing change)

• Detailed knowledge of business processes and procedures as well as service and systems within the bank

• Flexibility to meet close deadlines and client customizations

• Actively engage team and junior staff to boost employee morale and cohesion  

• Excellent communication, influencing and negotiation skills with the ability to develop and maintain collaborative relationships both internally and external stakeholders

• Strong organizational skills ideally with project and program management experience and a demonstrated track record of project delivery

• Meticulous planning ability so as to manage client delivery expectations

About State Street

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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