Global Billing Operation

1 day ago

Bengaluru Karnataka, India State Street Full time

Background:
State Street has established a Global Billing Function, 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 Reporting Associate will be responsible for activities involved in the billing reporting process across State Street global businesses spread across countries & regions.

The Reporting Associate will assist in the daily production of accurate, consistent, and timely reporting deliverables. The Reporting Associate will also be responsible for providing reporting that can be used to monitor and evaluate progress towards goals and efficiency.

Responsibilities:

- Business As Usual (BAU) Activities:

- General responsibility for reporting activities that include reporting on fee schedules, client invoices, and help desk processes
- Adopt “owner’s mind set”, work independently, and effectively manage timelines
- Produce regular reporting to monitor areas of responsibility; measure progress toward goals; and evaluate productivity and team efficiency
- Responsible for ongoing process improvements

Expectations:

- Bachelor’s Degree in Finance with an experience minimum of 1 to 3 years working in a global Billing function within 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.
- Demonstrated aptitude to improve the billing function and billing reporting for multiple geographies and business areas

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

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