Accounting Associate 2

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Bengaluru, Karnataka, India0–2 yrs6d agovia LinkedIn

About the Role

State Street is seeking an Accounting Associate 2 in Bangalore, India. This role is suitable for freshers with a relevant technical qualification and 0-2 years of experience, offering expertise in US GAAP and Revenue Recognition.

Key Responsibilities

  • Prepare and post month-on-month revenue accruals using US GAAP principles.
  • Manage accounts receivable, including billed and unbilled items, utilizing financial analysis tools.
  • Collaborate with the Financial Planning and Analysis (FPNA) team.
  • Analyze revenue adjustments and intercompany reconciliations, contributing to SOX compliance.
  • Lead initiatives for process re-engineering and standardization, focusing on automation.
  • Document and communicate findings related to SOX controls and audit walk-throughs.
  • Engage with clients to monitor and process revenue reversals and concessions.

Requirements & Tech Stack

Technical Skills

  • US GAAP: Foundational to intermediate.
  • Revenue Recognition: Practical application.
  • Accounts Receivable Management: Entry level.
  • Financial Analysis: Foundational.
  • SOX Compliance: Foundational.
  • MS Office: Proficiency.
  • Communication Skills: Strong.

Qualifications

  • Eligible Batches: 2023, 2024, 2025, 2026.
  • Qualification: Relevant technical qualification in finance or accounting.
  • CGPA: Minimum 6.0.
  • Internship Experience: Advantageous in finance or accounting.

Company

State Street

Founded in 1792, a global leader in investment management.

Industry: Banking & Finance

Location: Bangalore, India

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