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Global billing operation

2 months ago

bangalore, India State Street Corporation Full time

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 processernance responsibility
Develop the team to adopt "owner's mind set", work independently, and effectively manage timelines
Manage resources to assist with ad-hoc projects
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 gathers feedback for performance appraisals
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, CPA Qualified with an experience minimum of 08 to 12 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 ofpany-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 summarizeplex 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 ofpany-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 summarizeplex 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
Additional Locations Job ID R-752735