State Street, India Controller

4 weeks ago


Bengaluru, India State Street Full time

Why this role is important to us

The Managing Director role will be part of the APAC Leadership team and reports to APAC controller. The importance of this role is evident from the fact the incumbent will have to leverage their strong accounting, finance and tax acumen for driving seamless delivery of a wide range of processes, build and sustain functional capabilities, connect the dots across functions and the various ongoing change initiatives and importantly strengthen the controls on a business-as-usual basis. Corporate finance is continuously driving transformation across processes and an important aspect of the role is to lead, drive and manage the change while challenging the status quo in partnership with the stakeholders.

This role has become even more critical with State Street’s acquisition of two Joint Ventures recently, thereby increasing our office footprint from 3 locations to 7 and more than doubling the employee headcount at a consolidated level in India.

Our people being the core of our business, driving up the engagement levels would also be an essential imperative. The roles require leveraging the strong partnership that currently exists across Finance to communicate, escalate, and update on a timely basis. This role will be a key partner to Finance organization as we develop the target state operating model and best in class processes for the future of accounting.

What you will be responsible for

This role reports into APAC Controller with dotted line into GFC Head and supports India CEO on transformational changes. Lead and manage all aspects of legal entity statutory reporting, Company Secretarial and regulatory compliances, BU Controllership and Taxation matters for a combined group strength of circa 22,000 employees spread across 4 entities. Spearhead legal entities restructure / consolidation initiatives to optimize operational / Tax efficiency, support India Business unit strategy and plans, M&A activity and entity expansions. Manage a team of 14 spread across controllership, taxation and company secretarial functions. Experience in dealing with complex tax matters including Bilateral Advance Pricing Arrangement (BAPA), Transfer Pricing, Tax Litigations and Permanent Establishment issues with subject matter expertise in Corporate tax, Withholding tax, and Goods & Services Tax (GST). Ensure all Legal entity results are accurately, timely and appropriately recorded under US GAAP, IFRS and local GAAP. Ensure financial controls are operating effectively and issues reported/ resolved and appropriately escalated.. Managing internal and external statutory audits, tax audits, global audits, Sox audits and ensuring audit findings/issues are appropriately remediated and closed on the internal tools Experience in handling large export oriented units in excess of 10 units spread across India, particularly Special Economic Zones and Software Technology Parks of India. This will also involve handling complex custom related issues together with planning for Real Estate decisions to optimize tax benefits. Experience in managing compliances of Reserve Bank of India, Foreign Exchange Management Act and Foreign Direct Investments guidelines. Managing Senior Stakeholders including Board members of multiple legal entities in India on Planning / coordinating Board Meetings including adherence to Legal Entity Governance standards requirements, Recovery & Resolution Planning and Company law compliances. Oversight and execution of transformation and key system changes in India. Experience in leading and executing large projects impacting GL, Sub-ledgers and other upstream and downstream applications for changing business environment and legal entity re-structures. Ability to partner with global teams to drive and implement changes to country specific requirements. Cash flow and fund management to optimize NII yield including securing necessary approvals from governance perspective from Credit risk, Treasury and other internal groups.

What we value

Understanding of State Street Line of Business, Service offerings, Regulatory and Statutory compliances. Ability to navigate through complex organizational structures Partnering on large scale global enterprise programs and system implementation and/or experience in driving complex, firm wide projects across multiple stakeholders Proven leadership skills in managing high skilled teams, developing and nurturing the team and motivating teams through challenging environments

Education & Preferred Qualifications

Bachelor/Master’s degree in finance / Accounting. CA/CPA preferred. 20+ years of progressive experience in accounting and finance, experience in implementing finance systems, Merger integration, Tax and regulatory compliances. Service industry experience (financial services industry is a big plus)  Experience in managing cross functional senior stakeholders Attention to detail; quality control sensitive Strong analytical, organizational and problem solving skills

Excellent communication skills and executive presence


  • India Controller

    3 weeks ago


    Bengaluru, Karnataka, India State Street Full time

    Why this role is important to us The Managing Director role will be part of the APAC Leadership team and reports to APAC controller. The importance of this role is evident from the fact the incumbent will have to leverage their strong accounting, finance, and tax acumen for driving seamless delivery of a wide range of processes, build and sustain functional...

  • India Controller

    2 weeks ago


    Bengaluru, Karnataka, India State Street Full time

    Why this role is important to us The Managing Director role will be part of the APAC Leadership team and reports to APAC controller. The importance of this role is evident from the fact the incumbent will have to leverage their strong accounting, finance and tax acumen for driving seamless delivery of a wide range of processes, build and sustain functional...


  • Bengaluru, India State Street Full time

    Are you interested in building high-performance systems that help support State Street Global Advisors current and future growth? Are you seeking an environment where you can drive innovation leveraging the scalability and innovation with the latest CRM technology stack? Do you have a passion for ensuring a positive customer experience? This is the job for...


  • Bengaluru, India State Street Full time

    State Street Global Advisors (SSGA) is the asset management business of State Street Corporation, one of the world's leading providers of financial services to institutional investors with over $4 trillion in assets under management and a heritage dating back over two centuries. Backed by the strength and stability of the State Street organization, SSGA...


  • Bengaluru, Karnataka, India State Street Full time

    Role Summary:The Head of Audit, India reports directly to the General Auditor of State Street and is responsible for providing leadership in establishing, directing, and executing the strategy for Audit's India operations. This includes the direct ownership of audit work in Global Custody and Controllership functions, oversight of any global audit work that...


  • Bengaluru, Karnataka, India State Street Full time

    Role Summary: The Head of Audit, India reports directly to the General Auditor of State Street and is responsible for providing leadership in establishing, directing, and executing the strategy for Audit's India operations. This includes the direct ownership of audit work in Global Custody and Controllership functions, oversight of any global audit work that...


  • Bengaluru, Karnataka, India State Street Full time

    Who we are looking forThis is a key leadership position in Global Delivery India, as well as the India Fund Accounting & Administration management team.Within Global Delivery, the Financial, Regulatory & Tax Reporting teams are responsible for delivering core services to State Street end customers. The Head of Financial, Regulatory & Tax Reporting is...


  • Bengaluru, Karnataka, India State Street Full time

    Who we are looking forThis is a key leadership position in Global Delivery India, as well as the India Fund Accounting & Administration management team.Within Global Delivery, the Financial, Regulatory & Tax Reporting teams are responsible for delivering core services to State Street end customers. The Head of Financial, Regulatory & Tax Reporting is...

  • State Street

    9 hours ago


    Bengaluru, India State Street Global Advisors Full time

    State Street Global Advisors (SSGA) is the asset management business of State Street Corporation, one of the world's leading providers of financial services to institutional investors with over $4 trillion in assets under management and a heritage dating back over two centuries. Backed by the strength and stability of the State Street organization, SSGA...

  • State Street

    12 hours ago


    Bengaluru, India State Street Global Advisors Full time

    State Street Global Advisors (SSGA) is the asset management business of State Street Corporation, one of the world's leading providers of financial services to institutional investors with over $4 trillion in assets under management and a heritage dating back over two centuries. Backed by the strength and stability of the State Street organization, SSGA...


  • Bengaluru, India State Street Full time

    Company profileState Street Global Advisors (SSGA) is the investment management division of State Street Corporation and world’s fourth largest asset manager with nearly $4.14 trillion in assets under management. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients. From...


  • Bengaluru, India State Street Full time

    This role is a key enabler for our business to deliver data and insights to our client facing teams, leadership and various other functions using industry best practices and advanced technologies. We’re looking for top talent who is versatile, self-motivated individual with strong business analysis skills, data management experience and an understanding of...


  • Bengaluru, Karnataka, India State Street Full time

    Who we are looking forWe are looking for an, Officer to join our the Corrective Action Validation Team which is part of State Street's Corporate Audit Team. Corporate Audit's assessments include internal controls over financial and regulatory reporting; compliance with laws and regulations; and compliance with significant corporate policies; in addition to...


  • Bengaluru, Karnataka, India State Street Full time

    Who we are looking forWe are looking for an , Officer to join our the Corrective Action Validation Team which is part of State Street's Corporate Audit Team. Corporate Audit's assessments include internal controls over financial and regulatory reporting; compliance with laws and regulations; and compliance with significant corporate policies; in addition to...


  • Bengaluru, India State Street Full time

    Company profile State Street Global Advisors (SSGA) is the investment management division of State Street Corporation and world’s fourth largest asset manager with nearly $4.14 trillion in assets under management. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients. From...


  • Bengaluru, India State Street Corporation Full time

    Data Analyst- Team Lead- State Street Global AdvisorsThis role is a key enabler for our business to deliver data and insights to our client facing teams, leadership and various other functions using industry best practices and advanced technologies. We're looking for top talent who is versatile, self-motivated individual with strong business analysis skills,...


  • Bengaluru, India State Street Full time

    Who we are looking for This is a key leadership position in Global Delivery India, as well as the India Fund Accounting & Administration management team. Within Global Delivery, the Financial, Regulatory & Tax Reporting teams are responsible for delivering core services to State Street end customers. The Head of Financial, Regulatory & Tax Reporting is...


  • Bengaluru, India State Street Full time

    This role is a key enabler for our business to deliver data and insights to our client facing teams, leadership and various other functions using industry best practices and advanced technologies. We’re looking for top talent who is versatile, self-motivated individual with strong business analysis skills, data management experience and an understanding...


  • Bengaluru, India State Street Corporation Full time

    Senior Data Engineer - State Street Global Advisory - Assistant ManagerDomain:Application DevelopmentLocation:Bangalore, IndiaWork Hours:Monday - Friday, Any 9 hours between 10:00am to 9:00 pm IST (Should be flexible to work in any shifts and urgent situations outside these hours).Job description:This role will be part IT team at State Street Global Advisors...


  • Bengaluru, India State Street Full time

    About the company: State Street Global Advisors (SSGA) is the asset management business of State Street Corporation, one of the world's leading providers of financial services to institutional investors with over $4.3 trillion in assets under management and a heritage dating back over two centuries. Backed by the strength and stability of the State...