Global Markets & Alpha Billing
Year Bengaluru, Karnataka, India
Job Description
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Global markets & Alpha Billing - Vice President
Job Title
Vice President - Global Markets & Alpha Billing
Location
6B, State Street Corporation, Bangalore
Department
Global Billing Operations
Hiring Manager
Nayanjyoti Goswami
Experience (Yrs.)
12 to 15 Years
The VP for State Street Global Markets and Alpha Billing Team in India will be responsible for managing end-to-end offshore billing operations, revenue recognition processes & coordinate operational activities with respective process SPOCs locally as well as with on-shore stakeholders. This role will include oversight of aspects of fee schedule setup, invoice production oversight and control through to client receivables management
Primary Job Duties and Responsibilities
- Ensure Invoices are delivered in a timely manner and accurate manner to our clients globally
- Ensure invoices match fee schedules, amendments to fee-schedules are monitored, reported and achieved for invoice quality and accuracy
- Ensure appropriate revenue recognition and recording of all Billing related accounting entries in the General Ledger systems and reconciliation with the Billing applications
- Maintain compliant control environment based on best in class practices and controls and support internal and external audit reviews as appropriate
- Identify and mitigate issues and risks, as well as assess the impact of alternative courses of action.
- Focus on specific action items related to improving service delivery and resolving service issues.
- Develop collaborative working relationships with key internal and external partners.
- Build consistent metrics measurement and reporting identifying ways to enhance our service accuracy and timeliness. Identify areas for process improvement and develop/implement best practices
- Provide support and backup to other areas as needed
- Work on any billing related projects in addition to the regular billing cycles
Minimum Job Specifications
- 12 -15 years of work experience in accounting, finance, operations in financial services preferably with Client Fee Billing background
- 7+ years management or supervisory experience
- Bachelor\'s degree in accounting or finance required; An MBA or CFA or CA is desirable.
- Proficient with MS Office Suite; advanced Excel analysis skills
- Background in financial controls and processes preferred;
- Demonstrate a strong familiarity and understanding of client contracts (Fee Schedules) across various types of ISAs(Investment Servicing Agreements)
Job ID R-743776
ABOUT COMPANY
State Street Corporation
London, United Kingdom 39000 Employees Investment Banking / M & A
State Street Corporation (NYSE: STT) is one of the world\'s leading providers of financial services to institutional investors, including investment se...
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Job Detail
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Job IdJD3241405
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationBengaluru, Karnataka, India
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EducationNot mentioned
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ExperienceYear