Financial Operations Specialist

2 weeks ago


Bengaluru, Karnataka, India Genpact Full time
Job Description

As a Financial Operations Specialist at Genpact, you will play a vital role in delivering exceptional financial services to our clients. We are looking for an individual who possesses strong analytical and problem-solving skills to join our team.

In this role, you will be responsible for back-office functions, primarily focusing on asset transitions, including inbound and outbound processing, cost basis reporting, and custodial and accounting transfers. You will also be responsible for tax lot and book adjustments, as well as rebooking failed trades.

Responsibilities
  • Develop a thorough understanding of the asset transfer process and its upstream and downstream implications.
  • Acquire knowledge of various tax-related concepts, including tax costs, tax codes, tax lots, dates of death, beneficiaries, inheritances, and gifts.
  • Gain hands-on experience with stock transactions, including free receipts and deliveries.
  • Familiarize yourself with business transitions and required documentation, which will be advantageous.
  • Post transactions on accounting and custody books to resolve exceptions.
  • Maintain good knowledge of MS Excel and applications such as Advantage, Trust Desk, and Global Plus.
  • Demonstrate exposure to audits (internal and external) and a strong understanding of Risk and Control frameworks.
  • Establish strong relationships with onshore counterparts and effectively handle onshore queries.
  • Support client-specific requirements or ad-hoc requests.
Qualifications
  • A bachelor's degree (a postgraduate degree is an added advantage).
  • Effective probing and root cause analysis skills.


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