Financial Reporting Officer

About the role

As part of its business expansion in Luxembourg, State Street is looking for an experienced Financial Reporting professional to join its Financial Reporting team. The Officer reviews Annual and Semi-Annual Financial Statements and some monthly and quarterly reports for alternative structures (private equity, real estate, debt funds) and hedge funds under Lux GAAP, US GAAP and IFRS. Working under the Unit Head – AIS Financial Reporting, the Officer ensures quality deliverables for clients, guides the Hub Financial Reporting team and coordinates with other Financial Reporting Team Leads.

Key responsibilities

• Plan, schedule and manage the production of financial statements and daily workflow for multiple alternative investment client relationships and product types.
• Oversight and technical review of financial statements in line with relevant GAAP and regulatory requirements.
• Act as primary point of contact for clients, implementing and supporting their service requirements.
• Manage client relationships and look for improvements such as automation, setup and scalability.
• Research, resolve or escalate issues as applicable.
• Lead the assigned team in servicing new and existing business demand.
• Take direction from senior team members on branch strategy, regulatory changes and related projects, and turn them into business solutions.
• Set individual and team targets, conduct performance appraisals and give feedback.
• Maintain technical expertise, train junior staff and new hires, and take part in training.

Required profile

• Minimum of 6 to 8 years of experience in the funds industry, with strong knowledge of alternative structures (private equity, real estate, debt funds) and hedge funds, and proven exposure to their financial reporting.
• Substantive expertise in accounting and financial reporting for regulated and unregulated structures (Lux GAAP, US GAAP, IFRS, consolidation).
• Master's or bachelor's degree in accounting or finance; ACCA or equivalent is a strong advantage.
• Experience managing people and representing the team to clients and internal stakeholders.

Required skills

• Strong knowledge of Lux GAAP, US GAAP, IFRS and consolidation requirements.
• Knowledge of regulatory reporting (e.g. BCL and CSSF); knowledge of commercial companies (annual accounts, eCDF) is a strong advantage.
• Good interpersonal and communication skills, analytical skills, client and detail orientation, reliability, responsiveness and excellent organisational skills.