Billing Transformation - Conversion Senior Associate

5 - 9 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

Role Overview: As a Senior Associate in the Billing Transformation - Conversion team at State Street, you will play a crucial role in the global billing function under Controllership. Your main responsibility will be to provide subject matter expertise in client billing setup and invoice creation as part of a major re-engineering project. You will work closely with different business units to interpret complex fee schedules, configure client fee schedules in the billing platform, and ensure high-quality deliverables within specified timelines. Additionally, you will engage with the Billing Transformation PMO to convert new clients and drive process improvements based on learnings. Key Responsibilities: - Interpret complex fee schedules for different businesses and collaborate with business units to understand their requirements - Complete high-quality deliverables within committed timeframes, such as analyzing new client revenue arrangements and collecting raw data for the billing process - Engage with the Billing Transformation PMO to convert new clients and enhance processes and controls - Perform self-review of reporting & analytics deliverables for accuracy and present analytical results as required - Take general responsibility for specific fee schedule activities, including set-up and maintenance review - Participate in accounting and financial analyses on critical issues and serve as a subject matter expert on financial management matters - Develop and update financial models, prepare reports, and interpret results for management - Provide guidance to less seasoned analysts and participate in function-specific projects as needed Qualifications Required: - Bachelor's/Master's Degree in Finance with 5-7 years of progressive experience in billing areas with major financial institutions - Experience in financial planning & analysis in a global setting and complex operational environments - Proficiency in financial modeling, variance analysis, billing operations, and revenue accrual - Strong analytical skills and ability to work in a fast-paced environment - Excellent communication skills to interact with stakeholders at various levels of seniority - Proficiency in Microsoft Office suite, especially Excel, and ability to adapt to changing environments - Self-motivated, results-oriented, and able to work under high-pressure deadlines About State Street: State Street is a global institution that helps institutional investors manage risk, drive performance, and profitability. As an employee, you will be part of an inclusive and empowering environment that values your contribution and supports your development. Join State Street in shaping the future and benefit from development opportunities, flexible work-life support, and a vibrant employee network.,

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