Finance Operations, Billing
We are recruiting for a major asset management firm for someone to take management, oversight and development the offshore teams responsible for client billing and expenses.
You will provide support and guidance to the offshore teams in the following areas:
Client Billing
Month End Processing
Balance Sheet reconciliations including intercompany accounts Cash management
-Provide sign off and review of off-shored processes where this has been identified as a control requirement. E.g. sample review of invoices, IMA sign off.
Provide escalation point for the collection of outstanding debts in line with the Debtor policy.
-Attend quarterly meetings with key client relationship managers to update on billing status and escalate any issues.
-Manage relationship with Fiserv (Client Billing system providers) to ensure offshore team is adequately supported.
-Work with controls and risk teams to drive process and efficiency improvements, and ensure a robust control environment is in operation.
Maintain an effective business relationship with the auditors and provide strong support to both the auditors and the off-shore team during the audit process
-Review the monthly cash flow forecasts and support effective capital management for the UK entities
-Ensure that the off-shore team develop and maintain good business knowledge to perform their work successfully, identifying opportunities for cross team working where appropriate.
-Support the training and development of Finance Graduate.
Key Performance Indicators
-Key risk indicators in relation to billings and debtors Filing of regulatory returns within deadlines Submission of financial information within deadlines Offshore Outsource Partner feedback
Auditor feedback through management letters
Essential Knowledge and Skills
-Qualified accountant or equivalent
-Demonstrable experience and knowledge of core operational processes within a financial services environment.
-Strong system skills with experience of Oracle, TM1 and a client billing system an advantage
-Experience working with offshore teams.
-Understanding of the investment management industry
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