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Global Billing Operations Specialist

1 month ago

Bengaluru, Karnataka, India State Street Full time
Job Title: Global Billing Operation

Background:

State Street has established a Global Billing Function, which is responsible for client billing setup and invoicing across all business lines and geographies globally at State Street. This function combines all groups performing these activities globally, as well as centers residing in State Street Shared Service locations in Poland, India, and China. The Billing Organization owns aspects of business-as-usual activities within billing areas and drives process improvements and automation.

Job Summary:

The Invoice Review Associate will be responsible for certain aspects of the invoice billing process, such as invoice raising, OOPS (Out of Pocket Expenses) invoicing, and invoice review across State Street global businesses spread across countries and regions.

Responsibilities:

  • General responsibility for particular invoicing activities, such as production and review
  • Adept at working independently, effectively managing timelines, and adopting an "owner's mindset"
  • Measure, review, and assess performance and progress towards goals
  • Responsible for ongoing process improvements

Requirements:

  • Bachelor's Degree in Finance with a minimum of 4 to 6 years of experience 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, such as Custody services, Sub-custodian, trust services, and out-pocket expense billing, asset management, etc.
  • Demonstrated knowledge in improving the invoice function for multiple geographies and business areas

Skills:

  • Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), with advanced 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 the ability to multi-task and work under high-pressure deadlines
  • Must be able to work in a fast-paced environment

Language: English