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Assistant Vice President - Setup & Invoicing Lead

10.00 to 12.00 Years   Bangalore   06 Jan, 2022
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

The Invoice / Setup Review Lead will be responsible for all aspects of the invoice billing process including invoice raising, setup review across State Street global businesses spread across countries & regions.The Invoice / Setup Review Lead will manage a large team with a complex engagement model on a day-to-day basis. The individual will be directly responsible for daily management of accurate, consistent, and timely invoice & setup deliverables. This individual will provide subject matter expertise in billing preparation and review including receivables analytics. The Invoice / Setup Review Lead will also be responsible for managing State Street Global Advisors invoice & setup production and review.In addition to Business As Usual (BAU) responsibilities as described above, this role will also be involved in process re-engineering, standardization, and automation efforts.Responsibilities:-Business As Usual (BAU) Activities:

  • General responsibility for all operational invoicing activities
  • End-to-end responsibility for a major group of the billing process
  • Oversee and manage the invoice & 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 process governance responsibility
  • Develop the team to adopt owner s mind set , work independently, and effectively manage timelines
  • Manage resources to assist with ad-hoc billing 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 10 to 12 years working with complex operations preferably 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 billing 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 of company-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 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
,

Keyskills :
financeriskreportingbankingcompliancesubject matter expertisemusic makinghigh pressureclient billingachieve globalrobust controltrust services

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