Assistant Manager/Process Lead - Revenue Control and Billing
Job Description
About the Opportunity
Job Type: PermanentApplication Deadline: 31 March 2025
Job Description
Title Assistant Manager/Process Lead - Revenue control and Billing
Department Revenue COE
Location Gurgaon
Reports To Manager, Revenue COE Finance
Level Level 4
We're proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this By working together - and supporting each other - all over the world. So, join our Revenue COE team and feel like you're part of something bigger.
Finance Services in India supports Financial Services, Group and some parts of Eight Roads and Canada businesses. It also includes centralized functions performed for FIL as a whole. Core activities for Financial Planning & Analysis, Financial Control and Procure to Pay are centralized with an aspiration to accelerate finance for future.
The role will be primarily around managing revenue across different workstream, client revenue billing, handling revenue accounting, monthly reporting's and audits. The successful applicant will be exposed to IGAAP/UGAAP based accounting and would be required to demonstrate flexibility and enthusiasm towards ad hoc queries and analysis.
Key Responsibilities
The roles and responsibilities will be as follows:
Process KRAs:
- Ensuring accurately system interfaces of Revenue to Finance Datawarehouse systems and perfom Revenue reconcilliations ensuring completeness of revenue in the Financal books of accounts
- Performance and review of customer billing and revenue accounting process for Instituional business
- Liaison with upstream teams for resolution of data and information gaps to enhance revenue recording and reporting
- Ensures compliance with applicable policies and reviews contracts to ensure revenue is recorded as per company standards and guidelines
- Closely liaising with onboarding and sales team, client service managers and relationship directors to review and interpret the fee arrangements agreed for clients
- Create and distribute monthly invoices/dashboards by ensuring adherence to SLAs
- Perform regular month end accruals and reconciliation process, supporting revenue reporting and analysis
- Assist in financial audits and implement audit recommendation
- Support key finance reporting and enhance revenue and billing process to deliver KPIs for new offerings
- Capable of resolving escalated issues arising from operations and requiring coordination with other departments
- Enhancing the risk and control framework supporting the process
Change Management:
- Impact assessment and support on various change projects - Process specific & wider organisational projects
- Regular connect with various upstream and downstream system/technology teams to communicate ongoing changes and supporting end to end automation
- Usage of data visualisation tools, data analytics and other statistical techniques to solve real time business problems
- Generate efficiency and drive synergies across billing, revenue and sales and assets function
- Drive changes in procedures, re-define responsibilities and KRAs to align with the new process definitions
- Qualified CA/MBA Finance with up 5-7 years of relevant work experience in Finance with exposure to accounting, data analytics and reporting.
- Understanding of revenue accounting and its downstream impact on distribution and IM business finance teams
- Possess understanding of EMIS revenue solution and programme
- Prior experience in FP&A, Finance control, O2C and AR roles would be an advantage.
- Strong analytical skills including knowledge of accounting principles
- Knowledge of the Microsoft Office software packages Proficient with Microsoft Excel
- Knowledge of Power BI, Tableau will be an advantage
- Shows attention to detail and an appetite to dive into issues in depth as needed
- Collaborative approach to develop, share, accept and implementation of ideas
- Identify opportunities & implement solutions to improve process
- Strong senior stakeholder management skills
- Strong written and verbal communication skills
- Ability to challenge conventional ideas/ status quo.
- Able to command respect from stakeholders and peers, comfortable playing a part in management discussions.
- Ability to influence and challenge.
- Good communicator, able to present and articulate information succinctly.
- Strong analytical skills, able to see the big picture and offer innovative solutions.
- Able to multi-task and prioritise under pressure.
- Capable of reviewing, designing and improving processes.
- Strong team-working skills, ideally with experience of working in a matrix environment.
- Understanding the complexities of working within a multi-location team.
- Flexible and adaptable, responds rapidly to change.
Feel rewarded
For starters, we'll offer you a comprehensive benefits package. We'll value your wellbeing and support your development. And we'll be as flexible as we can about where and when you work - finding a balance that works for all of us. It's all part of our commitment to making you feel motivated by the work you do and happy to be part of our team.For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.
For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.