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Global Billing Operations - Assistant Manager
Location
Worldwide
Posted
26 days ago
Salary
0
Seniority
Lead
No structured requirement data.
Job Description
Global Billing Operations - Assistant Manager
State Street
Role Description The ORMB Setup and Billing Team Lead provides subject matter knowledge and issues and escalation management in the assigned area of client billing and invoice creation. The candidate develops a thorough understanding of State Street’s business practices to effectively perform independent, complex platform configuration, data collection and analysis. Client/Fee schedule is very important for GBO and has a direct impact on downstream processes; hence, the role requires an eye for detail. Reporting to the Billing Manager, the Team Lead will be assigned to the Billing COE, working remotely alongside in-market team members to close a multitude of activities associated with client setup and invoice generation and analytics of the assigned business units (BU). Qualifications - Bachelor’s/Master’s Degree in Finance, Chartered Accountant (CA) or preferred Certified Public Accountant (CPA)/MBA Finance - 7-10 years of progressive experience in Accounts Receivable, banking areas with major financial institutions - Financial Planning & Analysis in a global setting - Complex operational setting involving analysis of financial data - Direct support to business or product line management/executives - Financial services setting - Well versed with ERP ORMB - good knowledge, experience - Well versed with O2C process, system automation, etc. - Project experience - Variance analysis and reporting of insights - Financial modelling - Billing operations - Revenue accrual Requirements - Excellent interpersonal, written, and verbal communication skills - Analytical, with strong problem-solving abilities and creative resolution skills - Self-motivated, with the ability to work on multiple projects in a fast-paced environment - Comfortable presenting and pitching new ideas to senior management teams in large settings - Ability to remain organized, pay strict attention to detail, and meet critical deadlines - Must be able to work in a fast-paced environment - Detailed oriented with ability to consistently and accurately execute against operational controls - Ability to adapt to a changing environment and demands of transition of new clients - Strong communication skills with ability to participate in or lead conference calls - Pride of ownership with the ability to drive results within the Business - Solid business knowledge as it relates to the financial services industry - Strong Analytical skill set - Financial product and institution knowledge - Results oriented ownership mindset - Ability to multi-task and work under high pressure deadlines Business As Usual (BAU) Activities - Collaborate closely with the onshore team to understand expectations and deliverable timelines - Develop the team to adopt “owner’s mind set”, work independently, and effectively manage timelines - Manage resources to assist with ad-hoc projects and new transactions to support the GBO controller group - Lead the day-to-day activities of Client Set-up Global level engagement to onboard the client and fee schedule on different billing platforms - Provide support to key stakeholders of the team to present analytical results, findings - First point of escalation within the local reporting line for dealing with issues (people/process/technology) - Ensure compliance requirements are adhered to (e.g. company policies surrounding standard of conduct, information security, employment regulations) - Participate in or conduct a wide range of accounting and financial analyses on critical and complex issues - Serve as a subject matter expert on particular Set-up transactions - Coordinate with onshore team treatment for complex transactions - Coach the team and work with onshore leadership to establish team member goals and gather feedback for performance appraisals - Participate in or manage function-specific projects as needed - Ensure completion of deliverables within the committed timeframe Expectations - Knowledge of various services and industry trends of billing methods for services like Custody services, Sub custodian, Transfer Agent services, and out-of-pocket expense billing - Knowledge on setting up clients in the banking sector - Demonstrated knowledge in improving the billing function for multiple geographies and business areas Other Skills Required - Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio) - 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) - Independent decision-making capabilities, demonstrated thought leadership - Pride of ownership with the ability to deliver high-quality results timely - Strong analytical skills to analyze and summarize complex financial transactions - Strong attention to detail - Problem-solving skills - Highly organized with the ability to multi-task and work under high-pressure deadlines
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