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Finance Executive

4 months ago

Chennai, India Equiniti Full time

Management Level

H

**Business Division: FSS**

**Business Function / Department: Settlements**

**Job Title: Finance Executive - Settlements**

**Reporting to (Job Title):Finance Executive - Settlements**

**Date: 19th October 2023**

Equiniti is a leading international provider of shareholder, pension, remediation, and credit technology. With over 6000 employees, it supports 37 million people in 120 countries.

EQ India began its operations in 2014 as a Global India Captive Centre for Equiniti, a leading fintech company specialising in shareholder management. Within a decade, EQ India strengthened its operations and transformed from being a capability centre to a Global Competency Centre, to support EQ's growth story worldwide.

Capitalising on India's strong reputation as a global talent hub for IT / ITES, EQ India has structured the organisation to be a part of this growth story. Today, EQ India has evolved as an indispensable part of EQ Group providing critical fintech services to the US and UK.

EQ's vision is to be the leading global share registrar, offering complementary services to its client base and our values set the core foundations to our success. We are TRUSTED to deliver on our commitments, COMMERCIAL in building long term value, COLLABORATIVE in our approach and we IMPROVE by continually enhancing our skills and services. There has never been a better time to join EQ.

**Role Summary**

As a Finance executive for Settlements team, you will be responsible to initiate the settlement runs and respective payment reconciliations and manage supplier & onshore stakeholder queries regarding payments.

**Core Duties/Responsibilities**
- Creating the settlement runs for US, UK, Netherlands, and Poland.
- Chase approval workflows that are close to payment deadline.
- Answer and manage supplier and onshore stakeholder queries regarding payments.
- Proactively work with Business Units in an efficient and courteous manner to identify and correct process inefficiencies by end users in the business unit.
- Resolve payable issues with the client country.
- Manage the workflow queues relevant to their client countries.
- Ensure requested updates to vendor master files are processed quickly.
- Ensure compliance to and maintenance of internal controls in accordance with the Equiniti Controllership Guide. This includes acting as a Risk and Control Tracking System assessor (RCTS) for Balance Sheet Reconciliation.
- Any other duties that are within the scope, spirit or purpose of the role or as reasonably requested.
- Ensure that all working practices follow the Equiniti standard policies and procedures, including health & safety and equal opportunities.

**Skills, Capabilities and Attributes**

**Key Responsibilities**:

- Good understanding of Settlement process with minimum 3 - 5 years of experience.
- Prior experience of working in an offshore Finance SSC. Excellent accounting knowledge across Accounts Payables : payments
- ACH, WIRE, BACS, Direct Debit, Card payments and respective General Ledger.
- Experience in Accounts Payable Team preferably payments/settlements team.
- Financial accountancy experience including UK GAAP within multi-national organisation.
- Knowledge of Workday will be an added advantage.
- Knowledge of other financial accounting systems.

**Qualification / skills required**:
MBA Finance/Bachelor
- 's degree in commerce from an accredited university

**Benefits**:
Being a permanent member of the team at EQ you will be rewarded by our company benefits, these are just a few of what is on offer:
3 days of additional leaves on & above statutory requirement along with 2 days of voluntary leaves to pursue the CSR initiatives
- Business related certification expense reimbursement
- Comprehensive Medical Assurance coverage for dependents & Parents
- Cab transport for staff working in UK & US shift
- Accidental & Life cover 3 times of concerned CTC