Apprentice - Accounting/Finance
State Street — Bengaluru, Karnataka
₹3–7 LPA (HireSetu estimate) · Entry level · Freshers eligible · Full-time · onsite · Apply by 16 Oct 2026
HireSetu listing reference 78c85e · employer requisition R-798960 — confirm requirements below, then apply on the employer site.
Quick answer: An apprenticeship inside State Street's Global Accounting Operations in Bengaluru, supporting the monthly close for non-hedging FX derivatives, loans and repo/reverse repo, plus SEC and regulatory reporting. Medium-level Excel is the requirement doing the real screening here.
From State Street's job posting
Who we are looking for
The Global Accounting Operations (GAO) is a process-driven function responsible for all Record-to-Report (R2R) processes within the Controllers Finance function. The team is looking for a candidate for an opportunity in the Specialized Accounting Team to contribute to accounting & reporting processes related to Non-Hedging FX Derivatives and day-to-day operation that provide support to Global Specialized Accounting.
The candidate will play a pivotal role on key bunisess / transformation projects to streamline the process. The candidate is expected to bring in an analytical mindset with the ability to contribute in the process design, development and implementation of multiple, highly-complex, improvement projects that promote organizational efficiency, reduce manual touch points and enhance controls.
Why this role is important to us
The role is within the Global Accounting Operations (GAO) teams which part of the Controllership function within Finance. The role is focused on driving change across the GAO teams and delivery of GAO Strategy.
What you will be responsible for
As an apprentice with our team, the candidate will work closely with our full-time staff in the Business As Usual (BAU) activities of the Specilialized Accounting team that includes managing the accounting for Non-Hedging FX Derivatives, Loans, Repo / Reverse Repo and monthly financial close process for products specified including SEC & REG reporting. In addition to the BAU responsibilities as described above, this role will help in the process re-engineering, standardization, and automation efforts.
What we value
These skills will help you succeed in this role
- Deadline and detail-oriented; ability to work in a fast-paced structured and team-based environment as well as the ability to work independently
- Professionalism dependability and trustworthiness
- Highly motivated, self-starter with a drive for success
- Ability to identify problems and explore solutions
Education & Preferred Qualifications
- Candidates should have strong technological and basic accounting skills.
- Prior coursework or experience with programming and BI tools is a plus
- Proficiency in Microsoft Office suite (Excel, Access, PowerPoint), Medium levels of Excel (pivot tables, formulas, excel workbook maintenance best practices)
- Knowledge of Spotfire, Tableau, data analytics, Macros and visualization (or similar)
- Preferred Education Background- Accounting or Finance or Economics or relevant.
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.
Discover more information on jobs at StateStreet.com/careers
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The employer’s company overview, benefits and equal-opportunity statement are left out here; they are on the original posting.
Text from State Street's official job posting, formatted by HireSetu. The employer's own page is the final word on details.
HireSetu's note
Derivatives and repo are the day job
Your work sits in the Specialized Accounting team, supporting the monthly close for non-hedging FX derivatives, loans and repo/reverse repo, and the numbers feeding SEC and regulatory reporting. That's a narrow, technical slice of finance: collateral, accruals and mark-to-market entries behave nothing like a standard payable or receivable.
If your degree treated derivatives as one chapter near the end, read up on how a repo is booked and what non-hedging means for accounting treatment. You won't be pricing instruments, but you should be able to explain why a position produced the entry in front of you.
Apprentices here help build the tools
State Street names process re-engineering, standardization and automation as part of this role. Expect real hours spent pulling data, testing a macro, and building a view someone else will use. That's the part people don't associate with a finance apprenticeship, and it's the part that carries the most weight on a CV later.
Any dashboard or script you've built, for a college project or an internship, is worth describing by what it replaced: a manual check, a spreadsheet that ate an afternoon, a report nobody trusted.
Excel is the filter
Medium Excel is specific: pivot tables, formulas, and workbooks that survive someone else opening them. Be ready to walk through a spreadsheet you maintain. Tableau, Spotfire, macros and programming sit under preferred or a plus, so they won't disqualify you, and they are the clearest way to separate yourself from applicants with the same accounting basics. Accounting, finance or economics coursework is listed as preferred, which leaves room for a strong analytical profile from another stream.
The close drives the calendar
Activity clusters around month-end: entries, reconciliations and checks, then the SEC and regulatory packs. The rest of the month is steadier BAU work, and that's when the re-engineering projects get attention.
Apprenticeships run for a fixed term, so confirm the length when you talk to them, since it decides how many full close cycles you'll work through. The posting's deadline-oriented line is a genuine bar: close dates don't move, and neither will your week when they land.
Drafted with AI from State Street's job posting and checked by Prashanth Jakkula before publishing. See our Editorial Policy.
How to apply
- Open State Street's careers site with the Apply button.
- Create a Workday account for State Street. Workday logins are separate for every company, so an account made for another employer won't work here.
- Upload your resume and check every auto-filled field; Workday often misreads dates and job titles.
- Answer the screening questions, submit, and look for the confirmation email from Workday.
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