Balance Sheet Substantiation Senior Manager

Functional Job Title: : Balance Sheet Substantiation – Officer (Senior Manager)

Reports to : Balance Sheet Substantiation – AVP

Department/ Division : Controllers/Finance

Background

Background:

At State Street, we're reimagining how global finance works. As part of our Global Accounting Operations (GAO) organization, you will help shape a best‑in‑class, globally integrated accounting model that supports clients, regulators, and stakeholders worldwide.

Role Overview

The Senior Manager – Balance Sheet Substantiation is responsible for managing day-to-day BSS operations within the Hub, ensuring high-quality and timely reconciliations in compliance with the Balance Sheet Reconciliation Policy and broader controllership framework. The role supports governance, control excellence, process standardization, and transformation initiatives while partnering with the AVP, Global Process Owners (GPOs), and key stakeholders across the organization.

Key Accountabilities

Business-as-Usual (BAU) Leadership

• Manage end-to-end reconciliation and substantiation activities, ensuring accuracy, completeness, and timeliness.
• Ensure adherence to BSS Policy, SOX requirements, and internal control standards.
• Identify and escalate key risks, P&L exposures, and control gaps while driving timely remediation.
• Support maintenance of a strong control environment, including process documentation, risk assessments, and control monitoring.
• Promote consistency in control execution and documentation across assigned processes.
• Track issue resolution activities and provide timely reporting to management.
• Ensure procedures, process maps, and supporting documentation remain current and audit-ready.
  
  

Governance, Risk & Controls

• Support the strengthening of risk culture and continuous improvement initiatives.
• Execute SOX control reviews, support RCSA activities, and assist with internal and external audit requirements.
• Assist in designing and enhancing preventive and detective controls to mitigate financial and operational risks.
• Monitor control performance metrics and drive corrective actions where required.
  
  

Transformation & Change Management

• Partner with GPOs, Technology, and Operations teams on process standardization, optimization, and automation initiatives.
• Support strategic projects, including Oracle implementations, restructures, and new entity onboarding activities.
• Participate in UAT planning, execution, defect management, and post-go-live stabilization.
• Conduct process reviews, gap assessments, and data analysis to identify automation and efficiency opportunities.
  
  

Stakeholder & Team Leadership

• Collaborate with stakeholders across Controllers, Technology, Audit, and Operations teams globally.
• Lead, coach, and develop a team of professionals, fostering a culture of accountability and continuous improvement.
• Support governance forums and ensure effective communication with key stakeholders.
• Escalate critical issues appropriately and provide management with clear status updates
  
  

Qualifications & Experience

• Bachelor's or Master's degree in Finance, Accounting, or a related field.
• Professional accounting qualification (CA, CPA, ACCA, CIMA) preferred.
• 8-12 years of experience in Balance Sheet Substantiation, Controllership, Accounting Operations, Financial Controls, or Risk Assurance.
• Strong experience working within shared services, global delivery, or offshore operating models.
• Solid understanding of SOX, RCSA, and internal control frameworks.
• Experience with ERP systems (preferably Oracle) and finance transformation initiatives.
• Strong knowledge of US GAAP, IFRS, Balance Sheet Reconciliations, and Subledger Accounting concepts.
• Proven analytical, problem-solving, and stakeholder management skills.
• Demonstrated people leadership and team development experience.
  
  

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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Job ID: R-795940