Financial Reporting, Associate 2

The role involves interaction with various units locally and overseas. The Associate 2 should possess excellent interpersonal and communication skills and demonstrate the ability to work in a team environment. Accuracy, timeliness and delivery of client service are imperative in this position with increased focus towards quality controls, documentation and process improvements.

1. Role Overview

The Financial Reporting Associate 2 is responsible for preparing financial statements and regulatory reporting outputs for Australian clients, including superannuation funds, managed investment schemes, and investment entities. The role supports APRA regulatory reporting (e.g., SRF 550/552/553), AASB/IFRS-compliant financial statements, and audit/client reporting cycles.

2. Key Responsibilities

A. Financial Statements & Disclosures:
- Prepare financial statements in accordance with AASB/IFRS
- Draft disclosures (fair value, financial instruments, investment entities)
- Perform GL review and reconciliations

B. APRA Regulatory Reporting:
- Prepare APRA returns (SRF 550/552/553/320/330/720)
- Reconcile APRA returns to financial statements
- Perform data validation and consistency checks

C. Reporting Cycle Management:
- Maintain reporting documentation
- Manage deadlines and reporting timelines
- Coordinate with accounting, tax and other internal teams

D. Issue Resolution:
- Investigate discrepancies and resolve issues
- Analyse differences between GL, FS, and APRA returns

E. Audit & Client Support:
- Prepare audit working papers
- Respond to auditor queries
- Address client comments

F. Controls & Quality:
- Execute reporting checklists
- Maintain audit-ready documentation
- Ensure compliance with internal controls

G. Systems & Process Improvement:
- Use reporting systems (e.g., FundSuite ARC, ESP)
- Identify automation opportunities

H. Team Contribution:
- Support A1 staff
- Contribute to team improvements

3. Education & Experience

- Bachelor's degree in Accounting/Finance
- CA/CPA (or working towards) preferred
- 1-3 years experience in financial reporting or fund accounting

4. Key Skills

- Knowledge of AASB/IFRS
- APRA reporting knowledge desirable
- Strong Excel and analytical skills
- Strong communication and stakeholder management

5. Role Positioning

- Associate 2: Core production (this role)

6. Success Measures

- Timely reporting delivery
- Strong reconciliations
- High quality documentation

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.

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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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