SS
Hiring companyState Street
Verified today
Vice President Accounting and Reconciliation Middle Office
Mumbai, India Full-time
About the role
The Vice President – Accounting & Reconciliation (Middle Office) at State Street oversees daily accounting and reconciliation activities across investment portfolios in Mumbai, India. Day-to-day work includes performing cash, position, and transaction reconciliations, investigating and resolving breaks within SLAs, supporting IBOR accounting and TMV validation, and managing exceptions and risks. The role also drives process improvement and automation, acts as a stakeholder point of contact, and mentors junior team members.
What you’ll do
- Perform daily cash, position, and transaction reconciliations across multiple asset classes
- Investigate and resolve reconciliation breaks within defined SLAs
- Identify root causes and drive permanent resolution of recurring discrepancies
- Liaise with custodians, fund administrators, and internal teams to resolve issues
- Support IBOR accounting activities including journal entries, accruals, and valuation checks
- Review trial balances and assist in TMV validation processes
- Monitor exceptions and escalate high-risk items in a timely manner
- Identify opportunities to enhance efficiency and reduce manual intervention
What you’ll bring
- Bachelor’s degree in Finance, Accounting, or related field
- 3 to 13 years of experience in middle office, fund accounting, or reconciliation roles
- Strong understanding of financial instruments (equities, fixed income, derivatives preferred)
- Experience with reconciliation tools and accounting systems
- Strong analytical and problem-solving skills
- High attention to detail and accuracy
- Good understanding of financial markets and investment operations
- Effective communication and stakeholder management
Nice to have
- Knowledge of reconciliation platforms (e.g., TLM, DUCO, IntelliMatch)
- Exposure to automation tools (e.g., Alteryx, Python, RPA)
- Understanding of regulatory and audit requirements
- CA/CFA/CPA is a plus
Skills
ReconciliationAccountingFinancial instrumentsStakeholder managementProcess improvementAutomationRisk controlAnalytical skills
Benefits
- Inclusive development opportunities
- Flexible work-life support
- Paid volunteer days
- Vibrant employee networks
Education
Bachelor’s degree in Finance , Accounting, or related field (CA/CFA/CPA is a plus)