Emerging Lead - Billing Transformation Conversion

Recruiter
State Street.
Location
Hyderabad, India
Salary
Not disclosed
Posted
12 Oct 2021
Closes
01 Nov 2021
Ref
R-666088
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant
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. Organizationally, it combines all groups performing these activities globally, and also includes centers residing in State Street Shared Service locations in Poland, India and China. Billing Organization owns aspects of business-as-usual activities within billing areas and also drives process improvements and automation. Global Billing Function is in the process of migrating to a new technology platform which will be used for all business units and regions.

Basic Purpose of Job:

The Conversion Specialist will support migrating clients from the legacy system to the new platform. They will perform the following functions:

  • Conversion exception analysis (Review the data conversion exceptions, research exceptions, update conversion rules, correct data exceptions
  • Help Conversion lead in reconciliation, analysis and document root cause of invoice related data and calculation differences between the legacy and new platform
  • Quality control Invoice Documents for accuracy and consistency
  • Work across the project team with business and technology to analyze and explain any issues
  • Develop procedures and checklists to control activities and report status
  • Provide subject matter expertise and handle escalations
  • Support process improvement to enable increase velocity in all related processes

Work Experiences:

  • Bachelor’s/Master’s Degree in Finance, 4-8 years of progressive experience in Accounts receivable, banking areas with major financial institutions Financial Planning & Analysis in a global setting
  • Well versed with billing processes in corporate environment
  • Exposure to Financial services industry
  • Experience within global projects and global organizations
  • Complex operational setting involving analysis of financial data
  • Engaged in business or technical migration/conversion processes will be an added advantage
  • Good knowledge of Order to Cash process an advantage
  • Experience of Oracle Revenue Management and Billing (ORMB) application an advantage
  • Variance analysis of reference and financial data.  and reporting of insights

Skills:

  • Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of Excel (pivot tables, formulas, excel workbook maintenance best practices)
  • Excellent interpersonal, written, and verbal communication skills, with the ability to interface effectively with individuals at various levels, both internal and external
  • Analytical, with strong problem-solving abilities and creative resolution skills
  • Ability to work on multiple topics in a fast-paced, high volume environment
  • Strong Analytical skill set used for financial data comparisons, reconciliations and investigations
  • Ability to remain organized, pay strict attention to detail, and meet critical deadlines within program schedule
  • Detailed orientated with ability to consistently and accurately execute against operational processes and 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 and present financial results to financial and non-financial audiences at various levels of seniority
  • Pride of ownership with the ability to drive results within the Business
  • Solid business knowledge as it relates to the financial services industry including Financial product and institution knowledge
  • Self-motivated, self-assured, and self-managed
  • Results oriented ownership mindset
For further information, and to apply, please visit our website via the “Apply” button below.

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