Financial Reporting, Assistant Vice President

About the role

State Street is looking for an Assistant Vice President in Financial Reporting to join its Financial Reporting team in Toronto. The role directs the reporting cycles and filings for various clients, ensuring that client financial statements comply with the rules and regulations governing disclosures and regulatory filings. It manages the preparation and review of quarterly, semi-annual and annual statements, regulatory filings and other periodic reports by staff and offshore teams, and works with clients, auditors and internal teams to resolve issues and finalize filings.

Key responsibilities

• Manage a diverse group of personnel preparing interim and annual financial statements for alternative investment products such as hedge, private equity, real estate, fund of funds and business development companies.
• Lead and manage the department in collaboration with the manager and senior colleagues.
• Act as the primary escalation point for clients and implement and support the service requirements of the client relationships in the group.
• Allocate clients and resources within the team and collaborate with clients and colleagues globally.
• Recruit, train, develop and retain a team of managers, set targets and priorities, and conduct performance appraisals.
• Provide technical support and guidance, including reviewing files prepared by the teams.
• Take part in team and department projects and perform other duties needed to meet client and department goals.

Required profile

• Six or more years of experience in alternative funds fund administration (financial reporting preferred) or in accounting, audit or a related business activity.
• BS degree in Accounting, Business or a related field; CPA or MBA preferred.
• Experience managing a team and developing business relationships.

Required skills

• Knowledge of SEC, GAAP and IFRS requirements and laws as they apply to investment companies, trusts, partnerships and other fund structures.
• Ability to handle many ongoing communications and reporting deliverables in a fast-paced environment and to drive process improvements.
• Strong communication with clients about financial statements, regulatory disclosures and process improvements.

What we offer

• Salary range of $91,000 - $140,500 annually for the primary location.
• Competitive benefits including medical care, insurance and savings plans.
• Flexible work arrangements, development programs and educational support.