State Street India | Global Billing Operations - Emerging Lead

Responsibilities

• State Street has established a Global Billing Function under Controllership, which is responsible for client billing set up and invoicing across all business lines and geographies globally at State Street.
• The Invoice Review Associate will be responsible for certain aspects of the invoice billing process, such as invoice raising, OOPS (Out of Pocket Expenses) invoicing, and invoice review across State Street global businesses spread across countries & regions.
• The Invoice Review Associate will be directly responsible for day-to-day production of accurate, consistent, and timely invoice deliverables.
• The Invoice Review Associate will also be responsible for the production and review of State Street Global Advisors’ invoices.
• Responsible for ongoing process improvements.
• Invoice Review Associate, Global Billing Function
• Billing Organization owns aspects of business-as-usual activities within billing areas and also drives process improvements and automation.
• Measure, review, and assess performance and progress towards goals

Skills required

• 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.
• Demonstrated knowledge in improving the invoice function for multiple geographies and business areas.
• Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices).
• Conceptual understanding of company-wide financial architecture (GL, sub-GL technology, specialized tools) applicable to the above process groups of processes.
• Pride of ownership with the ability to deliver high quality results timely.
• Strong analytical and ability to analyze and summarize complex financial transactions.
• Highly organized with ability to multi-task and work under high pressure deadlines.
• Must be able to work in a fast paced environment.
• Bachelor’s Degree in Finance with an experience minimum of 3 to 8 years working with invoices in a global billing function at a large financial services institution.
• Knowledge of billing systems
• Self-motivated, self-assured, and self-managed
• Strong attention to details

State Street

State Street Corporation is a US financial services company headquartered in Boston, Massachusetts, with roots that go back to 1792. It is one of the world's largest custody banks and asset servicers: pension funds, mutual funds, insurers and other institutional investors rely on it for custody, fund accounting and fund administration, middle-office and data services, while its investment management arm, known for the SPDR exchange-traded funds, manages money for institutions and individuals.

In India, State Street works mainly through State Street Corporate Services Mumbai Private Limited, with offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City. These teams serve State Street's global clients in fund accounting, NAV calculation, fund administration and financial reporting, reconciliations, transfer agency, regulatory reporting, risk and technology — work that suits B.Com, M.Com, CA, CMA, CFA and MBA (Finance) profiles.

• Industry: Financial services — custody, fund services and investment management
• Headquarters: Boston, Massachusetts, USA
• In India: Offices in Bengaluru, Hyderabad, Mumbai, Pune, Chennai, Coimbatore, Gurugram, Noida and GIFT City (Gandhinagar)