Accountant, Senior Associate

at  State Street

Who we are looking for:
LOSS HUB is a part of Global Accounting Operation team responsible for monitoring and processing financial impact incidents reported in the global reporting tool [ICAMS] across the board.
What you will be responsible for:

As a part of the team, you will be responsible for processes that include, but not are limited to:

• Monitoring ICAMS workload to identify all incidents reported and required payment and/or posting.
• Preparation and monitoring payments execution.
• Posting in ledger and closing the processed incidents in ICAMS.
• Monthly calculating, reporting & posting accruals.
• Weekly and monthly reporting.
• Monthly reconciliations.
• Investigation of open items available on BS & P&L accounts.
• Monitoring queries raised in a shared mailbox.
• Participate in regular and ad hoc meetings as requested.
• Support others if needed- backup for other team members´ processes.
• Support new initiatives and processes if needed.

What we value:

All activities should be delivered with the highest service quality:

• Work according to priorities and deadlines outlined by the Manager and in line with SLAs.
• Maintain standards of personal and professional performance/behavior ensuring accountability and adherence to company policies and procedures.
• Take responsibility for the quality of service.
• Identify process improvements. Keep process documentation up to date.
• Identify issues and problems in service delivery and suggest necessary corrective action, keeping team and direct manager informed of issue.
• Ensure effective logging and resolution of enquiries and liaise with appropriate parties to resolve/ escalate queries / problems within agreed timescales [in agreement with direct manager, depending on situation try to resolve/escalate on own responsibility].
• Ensure that direct manager is kept aware of all issues/problems/queries/work in progress that may impact upon the quality of service being given.
• Ensure adherence to Company and Departmental policies and procedures.

Skills & Qualifications:

• A background in banking, with knowledge and experience of working within an operations environment.
• At least 3 years of Professional experience in finance and/or other related fields.

Level Of Education: Finance or Accounting education.

We offer

• Employee savings plan.
• Premium life insurance package.
• Gold medical package.
• International operating environment.
• Language classes.
• Soft skills trainings.
• Technical workshops.
• Development sessions with a mentor.
• Diversity of opportunities across a range of challenging and highly complex activities.
• Technical or leadership career pathway

Are you the right candidate? Yes
We honestly 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 do not 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

• Monitoring ICAMS workload to identify all incidents reported and required payment and/or posting.
• Preparation and monitoring payments execution.
• Posting in ledger and closing the processed incidents in ICAMS.
• Monthly calculating, reporting & posting accruals.
• Weekly and monthly reporting.
• Monthly reconciliations.
• Investigation of open items available on BS & P&L accounts.
• Monitoring queries raised in a shared mailbox.
• Participate in regular and ad hoc meetings as requested.
• Support others if needed- backup for other team members´ processes.
• Support new initiatives and processes if needed