Business Operations Analyst, Officer

Employer
State Street Corporation
Location
Boston, USA
Salary
Competitive
Posted
05 Jan 2023
Closes
01 Feb 2023
Ref
18360911
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Job Description:
AP Operations Analyst, Officer will play a key role in the day to day financial and business operations of the Legal Department. The Analyst will collaborate with the Department Operations Manager and other Business Operations Analysts on the execution of the day to day tasks of the department's billing system, ONIT. The Analyst will additionally work to generate insights and identify programmatic and process improvements including additional use of analytics, technology and documenting enhancements through policy and procedures.

Responsibilities:
  • Own delivery of the end to end monthly accruals process including acting as the point of contact for clarifications and providing recommendations during monthly accruals calls.
  • Partner with Vendor Relationship manager on open issues pertaining to external vendor services
  • Support the billing process by collaborating with internal and external stakeholders on invoicing, budgeting, matter issues, RC and legal entity additions, ad-hoc reporting, quarterly litigation spending reporting and review and resolving technical issues with the electronic billing application and provide support through inquiries submitted through ServiceNow
  • Proactively identify opportunities to innovate and increase productivity; independently document and implement process improvements within the department's business operations
  • Ability to work both independently and as part of a team
  • Summarize financial data reports for review by executives, managers, and stakeholders.
  • Compile detailed analysis to support actionable recommendations.
  • Manage the end to end process of reviewing and analyzing vendor rates as needed.
  • Performs other related duties as assigned.

Education & Preferred Qualifications
  • Bachelor's degree
  • 2-4 years of experience in an Operations, Business or Accounting Analyst role with increasing responsibility
  • Demonstrated success using a data driven approach, including extensive experience with data analytics and reporting
  • Experience in program design and implementation
  • Advanced user of Microsoft Excel and able to successfully connect and structure data, automate functions (i.e., proficient with VBA), write and utilize formulas (e.g., nested, array, V-Lookup), create pivot tables using advanced techniques, develop dashboards using tables and charts, and perform statistical analysis (e.g., forecasting, regression, trend analysis)
  • Proficiency with Archer, ONIT, Sky Analytics, and Oracle AP applications a plus

Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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.
Discover more at StateStreet.com/careers

Salary Range:
$60,000 - $90,000 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
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