Assistant Vice President Revenue Sharing CoE

Job Description

job Location: Chennai & Gurugram Mode of Work; Hybrid Shift: UK Skill Accounting & Financial Control, Revenue sharing, Balance Sheet Reconciliation, P&L IFRS Business: Finance Function Principal responsibilities End-to-end process ownership for the Revenue Sharing Activities to be migrated, ensuring seamless transition of activities into Finance Operations Centre of Excellence, management of preparation and assurance of all BAU reporting requirements Set up the processes as per the Target Operating model to derive efficiencies of scale. Manage the client invoicing process for the front office, incl. monitoring payments and flagging any unpaid invoices for resolution Ownership of the end-to-end fees booking process incl. the intercompany entries Direct engagement with front office incl. senior bankers Responsible for reviewing BAU processes with teams and identifying both the automation opportunities and effectiveness of the processes; Validate accuracy of transfer pricing transactions from tax perspective, trace back transactions to source and provide assurance of reported numbers Strong engagement with key stakeholders and peer levels of the organization. Leadership & Teamwork Job holder should be able to inspire the team with a sense of continuous improvement Management of the end to end process for Investment Banking Revenue sharing and working with colleagues across Finance and the business. Passionately drive the team for best outputs. Work collaboratively across teams covering Data Operations, Reporting Operations, Accounting Operations, Systems Support, IT, Financial Control etc Key Stakeholders CFO INVESTMENT BANKING Front line bankers Regional and Global business finance teams Product Control teams Legal Entity Finance Teams AP / AR Teams Qualifications - External Qualified Accountant / Graduate / Post Graduate in Finance with 10+ years of experience in Reporting, Accounting & Financial Control background. Strong data analysis & reconciliation skills, quick to understand data, ability to challenge and compare multiple sources of data Technical understanding of data flows / systems relevant for the role. Ability to communicate complex ideas (e.g. relating to transactions/adoption of policies) in a simple manner to a global audience Experience in accounting / financial or management reporting role; Understanding of control frameworks and how to implement effective controls in practice. Ability to deal with and analyse unstructured problems and queries and to question and challenge existing procedures. Good understanding of financial products and how they impact reporting requirement, and more generically the banking business, balance sheet and P&L. Work with agility as time will be core of all transactions in revenue sharing What additional skills will be good to have? Proficient in excel, SharePoint, Xceptor and other Finance automation tools. Keen interest in Digital Finance innovation and data insight Strong communication, business writing and presentation skills Regards, Gopala HR Talent Acquisition