Global Billing Operations
2 weeks ago
Background:
State Street has established a Global Billing Function under Controllership, which is responsible for client billing set up and invoicing across all business lines and geographies globally at State Street. Organizationally, it combines all groups performing these activities globally, and also includes centers residing in State Street Shared Service locations in Poland, India and China. Billing Organization owns aspects of business-as-usual activities within billing areas and also drives process improvements and automation.
Basic Purpose of Job:
The Client Set-up SME provides subject matter knowledge and issues and escalation management in the assigned area of client billing and invoice creation. The candidate develops a thorough understanding of State Street's business practices to effectively perform independent, complex platform configuration, data collection and analysis. Client/Fee schedule is very the most important function of GBO and have the direct impact on down stream process hence the role need eye for detail. Reporting to the Finance CoE Manager, the officer will be assigned to the Billing COE, working remotely alongside in-market team members to close a multitude of activities associated with client invoice generation and analytics of the assigned business units (BU).
In addition to Business As Usual (BAU) responsibilities as described above, this role will also be involved in process re-engineering, standardization, and automation efforts.
Responsibilities:-
Business As Usual (BAU) Activities:
- General responsibility for all operational Client Setup activities
- End-to-end responsibility for a major group of the billing process: Setup team activities
- Oversee and manage the Global Billing Setup team to achieve global consistency and effectiveness in controls; accurate, quality work; and transparency into activities and results. Maintain a robust control environment: process controls, process oversight and process governance responsibility
- Develop the team to adopt "owner's mind set", work independently, and effectively manage timelines
- Measure progress toward goals; and evaluate productivity and team efficiency. Review and assess regularly with team members and with management
- May serve as a subject matter expert on particular billing related issues
- Coaches the team and provide the feedback
Process Re-Engineering, Standardization, and Automation:
- Assist with the process Re-Engineering, Standardization, and Automation efforts for invoicing
- Responsible for ongoing process improvements
Expectations:
- Bachelor's/Master's Degree in Finance with an experience minimum of 05 to 08 years working with invoices in a global billing function at a large financial services institution.
- Knowledge of various services and industry trends of billing methods for those services like Custody services, Sub custodian, trust services and out pocket expense billing, asset management etc.
- Experience of building and maintaining strong control environment (risk excellence, experience with SOX, RCSA controls, etc.), establishing policies, procedures and strong internal controls.
- Demonstrated leadership in improving/building-out the invoice function for multiple geographies and business areas
- Experience assisting with re-engineering processes and driving similar centralization of the end-to-end activities for the major financial institutions
Skills required:
- Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices)
- Knowledge of billing systems
- Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups of processes
- First level management expertise required
- Independent decision-making capabilities, demonstrated thought leadership
- Pride of ownership with the ability to deliver high quality results timely
- Self-motivated, self-assured, and self-managed
- Strong analytical and ability to analyze and summarize complex financial transactions
- Strong attention to details
- Problem solving skill
- Highly organized with ability to multi-task and work under high pressure deadlines
- Team Management
- Must be able to work in a fast paced environment
Other Skills required:
- Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices)
- Knowledge of billing systems
- Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups of processes
- Independent decision-making capabilities, demonstrated thought leadership
- Pride of ownership with the ability to deliver high quality results timely
- Self-motivated, self-assured, and self-managed
- Strong analytical and ability to analyze and summarize complex financial transactions
- Strong attention to details
- Problem solving skill
- Highly organized with ability to multi-task and work under high pressure deadlines
- Must be able to work in a fast paced environment
-
Global Billing Operation
3 weeks ago
Bengaluru, Karnataka, India State Street Full timeBackground:State Street has established a Global Billing Function under Controllership, which is responsible for client billing set up and invoicing across all business lines and geographies globally at State Street. Organizationally, it combines all groups performing these activities globally, and also includes centers residing in State Street Shared...
-
Global Billing Operation
2 weeks ago
Bengaluru, Karnataka, India State Street Full timeState Street has established a Global Billing Function under Controllership, which is responsible for client billing set up and invoicing across all business lines and geographies globally at State Street. Organizationally, it combines all groups performing these activities globally, and also includes centers residing in State Street Shared Service locations...
-
Global Billing Operation
3 weeks ago
Bengaluru, Karnataka, India State Street Full timeState Street has established a Global Billing Function under Controllership, which is responsible for client billing set up and invoicing across all business lines and geographies globally at State Street. Organizationally, it combines all groups performing these activities globally, and also includes centers residing in State Street Shared Service locations...
-
Global Billing Operations
4 weeks ago
Bengaluru, Karnataka, India State Street Full timeBackground:State Street has established a Global Billing Function under Controllership, which is responsible for client billing set up and invoicing across all business lines and geographies globally at State Street. Organizationally, it combines all groups performing these activities globally, and also includes centers residing in State Street Shared...
-
Global Billing Operation
3 weeks ago
Bengaluru, Karnataka, India State Street Full timeThe GBO AVP2 position is a management role responsible for a team of billing representatives providing both set-up and invoicing services to our EMEA clients. The AVP will also be responsible for their team's work allocation and oversight, process improvement strategies, training of new staff, problem resolution and serve as an escalation point for external...
-
Global Accounting Operations
2 days ago
Bengaluru, Karnataka, India State Street Full timeBasic Purpose of Job:The AR, BU Accountant will be responsible for booking of invoice accounting and day-to-day operation that provide support to Global Revenue Accounting group. This individual will provide subject matter expertise in the area of accounting related to AR Accounting which include:Accounts Receivable; Billed (including aging's)Fee Reserve...
-
Global Accounting Operations
2 days ago
Bengaluru, Karnataka, India State Street Full timeBasic Purpose of Job:: The AR, BU Accountant will be responsible for booking of invoice accounting and day-to-day operation that provide support to Global Revenue Accounting group. This individual will provide subject matter expertise in the area of accounting related to AR Accounting which include:o Accounts Receivable; Billed (including aging's)o Fee...
-
Global Billing Operation
4 weeks ago
Bengaluru, Karnataka, India State Street Full timeThe GBO AVP2 position is a management role responsible for a team of billing representatives providing both set-up and invoicing services to our EMEA clients. The AVP will also be responsible for their team's work allocation and oversight, process improvement strategies, training of new staff, problem resolution and serve as an escalation point for external...
-
Global Head of IT Service Management
2 weeks ago
Bengaluru, Karnataka, India FIS Global Full timePosition Type : Full time Type Of Hire : Experienced (relevant combo of work and education) Education Desired : Bachelor of Computer Science Travel Percentage : 10 - 15%As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our...
-
Global Treasury/FaCT Operations
2 weeks ago
Bengaluru, Karnataka, India State Street Full timeWho are we looking forAn experienced leader for our Global Treasury Operations group, responsible for managing a team of Treasury Investment Portfolio and Liability Management specialists providing end to end Operations support. You will possess extensive knowledge and experience in Global Treasury Investment Portfolio and Liability Management products in...
-
India Billing Risk Management – Senior Manager
1 month ago
Bengaluru, Karnataka, India State Street Full timeJob Summary: State Street's Billing Risk Management (BRM) function focuses on mitigating risk from within the first line of defense (FLOD) through control monitoring, enhancement, and execution of Assurance Events. Assurance Events are part of State Street's overall risk monitoring framework and are conducted for the purpose of assessing the system of...
-
Global Mobility Tax
4 weeks ago
Bengaluru, Karnataka, India Vialto Full timeJob Description Job Title - Global Mobility Tax - Senior Associate Company Description Vialto Partners is a market leader in global mobility services. Our purpose is to 'Connect the world'. We are unique and the only stand-alone global mobility business. This presents a rare opportunity for our clients, stakeholders and colleagues. Our teams help companies...
-
Global Accounting Operation
4 weeks ago
Bengaluru, Karnataka, India State Street Full timeBasic Purpose of Job:The Revenue, AR, BU Accountant will be responsible for all aspects of revenue recognition, US GAAP, and day-to-day operation that provide support to Global Revenue Accounting group. This individual will provide subject matter expertise in the area of accounting related to Revenue Accounting which include:Accounts Receivable; Billed...
-
Sr. Quantitative Risk Analyst
3 weeks ago
Bengaluru, Karnataka, India Shell Business Operations Full timeMarket Risk: The Market Risk department is a specialized unit in Finance Operations that operates in the Chennai and Manila centers. The team has front line responsibility for risk measurement; deal valuation, exposure reporting and price validation. The department pulls together a range of expert skills that ensure accurate and timely reporting, and allow...
-
Bengaluru, Karnataka, India State Street Full timeWho we are looking for Global Delivery is a critical part of the business operations at State Street. We have around 30,000 staff various locations around the world including our key hubs in EMEA, APAC and North America and our global hubs in Hangzhou, China, Krakow and Gdansk in Poland and Bangalore, Hyderabad and Mumbai in India. Functionally, we are the...
-
Bengaluru, Karnataka, India State Street Full timeJob Profile Bangalore Functional Job Title: : Balance Sheet Substantiation – Emerging Lead Reports to : Balance Sheet Substantiation – Manager/Senior Manager Department/ Division : Controllers/Finance Background: Driven by the State Street Beacon initiative, functionalization of corporate functions and re-alignment of the Finance operating model, State...
-
Global Offering
3 weeks ago
Bengaluru, Karnataka, India ABB Full timeGlobal Offering & Strategy ControllerTake your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future.At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, LGBTQ+, abilities, ethnicity and generations. Together, we are...
-
Global Delivery Business Risk Management
3 weeks ago
Bengaluru, Karnataka, India State Street Full timeWho we are looking forGlobal Delivery is a critical part of the business operations at State Street. We have around 30,000 staff various locations around the world including our key hubs in EMEA, APAC and North America and our global hubs in China, Poland, and India.Functionally, we are the backbone and nerve center supporting the entire investment servicing...
-
Bengaluru, Karnataka, India State Street Full timeWho we are looking forGlobal Delivery is a crucial component of State Street's business operations. With a workforce of about 30,000 spread across various locations worldwide, including key hubs in EMEA, APAC, and North America, as well as global hubs in China, Poland, and India.Functionally, we serve as the backbone and nerve center supporting the...
-
Bengaluru, Karnataka, India State Street Full timeWho we are looking for Global Delivery is a critical part of the business operations at State Street. We have around 30,000 staff various locations around the world including our key hubs in EMEA, APAC, and North America and our global hubs in China, Poland, and India. Functionally, we are the backbone and nerve center supporting the entire investment...
