Job Description

Job Title Finance Operations Manager Job title Finance Operations Manager Job description Based in: Bangalore Office/Home: Hybrid (2-3 days minimum a week in office) Overview Our Global Finance Operations Team is responsible for all finance operations activities globally which include Cash Control, Asset Control, Financial Control, Accounts Payable, Revenue Control, Regulatory Reporting Operations and Hedging Control. The Finance Operations team is currently based in Krakow (all teams) and Singapore (Cash Control) and the Finance Operations team in India will be an extension of Global Finance Operations function. The Finance Operations Team in India will start as a smaller team compared the Krakow and will consist of a Cash Control, Accounts Payable and Financial Control. As the Group, Finance, and therefore Finance Operations grow, the team in India will grow and there would be scope to establish and extend more of the finance operational team already in Krakow. This role will be critical in establishing this new team in India, lead the training of this team, manage and lead the day-to-day responsibilities of this team and build strong relationships with the global finance function and wider business. Responsibilities: The key responsibilities of the teams this role will be responsible for will include: Cash Control . Ensure daily reconciliation and break resolution of Client\'s funds (automated with AutoRek) and its review, including the administration of unallocated client receipts . Respond to any query from internal or external sources in relation to the activity . Calculate daily client money segregation in accordance to the respective regulatory requirements and process the transfer in a timely manner . Liaise with the Treasury and local Financial Control teams to ensure compliance with client money regulations, internal client money buffers and policies, as well as firm\'s liquidity . Identify and recommend improvements in reconciliation process and other processing areas for greater operational efficiency and risk mitigation . Prepare ad hoc corporate payments as requested by the business . Performing bank administrative duties such as mandate updates and user setup . Maintaining procedures manuals and other documentation . Assist in internal and external audits as required Accounts Payable: . Accurate coding of direct invoices and credit notes . Matching purchase orders to incoming invoices . Posting correction journals and intercompany journals . Manage administration of staff credit cards and distribution . Answer and deal with incoming telephone calls/ emails from suppliers . Carry out weekly supplier payment runs for the UK, PL, UAE, US & Foreign offices (multi currencies), paying by Chaps and BACS , produce urgent payments Creating new supplier accounts as in accordance with our company policy . Review and reconcile supplier statements . Chase departmental managers for outstanding / overdue invoices . Assist with month-end procedures such as the aged debtor report . Drive improvements projects and support process instructions Financial Control: . Preparation of management and financial accounts, review, and oversight of the monthly results for IG Group entities . Perform standard bookings and review . Maintaining a strong financial control environment including preparation and review of balance sheet reconciliations and controls . Intercompany reconciliation and bookings . Management and coordination of indirect and operational tax related activities if required . Continuous improvement of processes and participation in improvement projects Your job will include among others: . Leading this team and managing all aspects of the team\'s day to day responsibilities . Managing the team\'s performance, development and training on global processes . Ensure the processes operated from Bangalore are aligned with the global processes and standardised as far as possible . Continuously improvement the processes of this team and participate and manage process improvements affecting the global team . Building strong relationships within Finance and especially those you will have regular interaction with . Actively manage all critical stakeholders of the team, with clear communication between the team and key stakeholders . Design operation performance efficiency KPI\'s for the team against agreed SLA\'s. Who we are: We\'ve been at the forefront of trading innovation since 1974, taking on the challenge to deliver an unmatched experience for our clients and raise the bar for tomorrow\'s opportunities. Today, we\'re a global fintech company incorporating the IG, tastylive, IG Prime, Spectrum and DailyFX brands, with a presence in 20 countries across five continents and over 400 000 active clients worldwide. But we know our success is only possible because of our people, who we encourage and empower to be brave, determined and inventive. Join us if you\'d like to work in an inclusive, collaborative team that will recognise your talent and allow it to shine. Where you\'ll work: As part of our hybrid working environment, you\'ll split your time between home and the office (minimum 2 days a week in the office). In this way, you\'ll be able to enjoy a better work-life balance and always bring your best self to your role. At the office, you\'ll have access to everything you\'d expect from a world-class employer, such as a modern working environment, agile spaces, private quiet rooms and breakout areas. Plus, all our offices are located in iconic city centres, close to everything you might need for a rewarding working experience. While you will be based in our Bangalore office, you will be working with our finance teams across Europe, UK, US and APAC. Join IG, and you will be joining the best in an always-moving industry. We are constantly improving and developing our Finance processes, accounting systems and standards. How you\'ll grow: Your personal and professional development are important to us. As a company that\'s constantly redefining the boundaries of possibility, we\'ll challenge you to push yourself, accelerate your ambitions and rise to new levels of excellence. We know that\'s a big ask, so we\'ll make sure that you\'re supported all the way, getting the backing you need and the recognition you deserve. If you connect with our vision and can get behind it, you\'ll be rewarded with countless opportunities to experience new things and enhance your abilities. What do we offer: . Contribution to the growth of the largest global Trading platform . Attractive remuneration . A full-time job with stable employment conditions . Opportunities of individual growth in multinational company . Excellent work location and atmosphere in working place . Comprehensive social benefit package as well as training and development . Flexible work arrangements - we work in hybrid working framework . Home office equipment reimbursement . 2 additional days off a year for voluntary work . 1 additional day off to celebrate your Birthday What you can expect in the office: Come to work in a comfortable, state of the art office containing all the things you need to succeed. Each of us works from laptops, at agile, ergonomic workstations designed to support our roles. Our spacious, open-plan offices provide a modern, dynamic setting for you to excel. You will find space for individual quiet work, separate areas for creative sessions and workshops, as well as areas to cooperate with others. On top of current benefits employees may enjoy here: . Free lunch, fresh fruits and coffee/hot drinks . Free shuttle service to the nearest metro station . Games: Foosball and ping-pong table, consoles and board games Who you are: You\'re upbeat and enthusiastic, and you have an open mind and a curious, can-do attitude. You, like us, understand the importance of collaboration and are driven to be the best in what you do. You embody our three core values - to champion the client, learn fast together and raise the bar. You want to be part of a proudly carbon-neutral company that will prioritise your wellbeing and that of the world around you, helping to create a brighter future for all. A company that embraces diversity and welcomes everyone with respect, regardless of race, age, sexual orientation, gender, identification, faith or culture. If you\'re inspired by our way of working and can bring something new to our team of top-notch people, then you\'ll find a home here. Requirements: . Minimum qualification - Chartered Accountant (CA) with Graduation in Commerce . Educational background - finance and accounting . Minimum 8 years of professional experience in Finance, Finance Operations or Middle Office functions . Ability to work unsupervised, showing initiative in identifying problems and posing solutions . Ability to manage people of various grades (Junior Managers/Team Leaders, Analysts) . Strong relationship building skills . A good understanding and excellent experience working in and improving control environments, strengthening control and improving control processes . Good understanding of financial processes for the areas of responsibility . Experience in international environment / corporations will be an asset . Good English communication skills, both written and verbal . Ability to multi-task in a constantly changing environment meeting regular deadlines taking ownership of assigned responsibilities . Attention to details and analytical skills . Proactive attitude in researching and resolving problems/issues . Ability to co-operate in team and excellent communication skills . Able to work under pressure . Self-motivation, willingness to learn, showing initiative in identifying problems and proposing solutions Number of openings 1

foundit