We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.
M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G plc’s ambition to be the best loved and most successful savings and investments company in the world.
Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
Ensure that the area operates to maximum efficiency while maintaining a system of controls over all functions, whilst ensuring all targets set are achieved with high levels of customer service.
Primary Key Responsibilities (Top KRAs)
- Responsibility of monthly and quarterly UK Rebates and International Trailer Fee payments, adhering to strict CASS regulations
- Maintain a register of key controls relating to Income, including process maps and associated documentation
- Production of monthly accruals: revenue and commissions
- To produce monthly Flash reports for the business explaining the key drivers behind MTM variances
- Reviewing accruals produced by the Income Billing and Control Team
- Review and sign off on invoices produced by the Income Billing and Control Team
- Support the external audit process for areas of responsibility.
- Production of balance sheet items in area of responsibility including intercompany positions.
- Support team leadership with additional activities the Revenue Management team is responsible for.
Additional Responsibilities :
- To take ownership of setting up new Funds within the system and ensuring they are correctly accounted for
- Completing a half yearly IMA review for all funds within your remit
- Answering ad-hoc queries in a timely manner from the business
- To be the first point of contact for Audit within your area of specialism
- Assist the wider Income Team in various projects being worked upon
- Seek to develop and improve processes in response to the needs and challenges of the business
- Proactively build relationships and work effectively with Commercial Finance, Middle Office, Front Office Admin teams and other Finance teams within M&G
Knowledge, Skills, Experience & Educational Qualification
Knowledge & Skills (Must Have) :
- Attention to detail
- Ability to manage tightly controlled processes
- Excellent planning and organisation skills with the ability to work accurately under pressure
- Strong analytical skills
- Strong interpersonal and communication skills
- Ability to work within a team environment
- Ability to take initiative and manage own workload
- Ability to identify problems and drive to follow them through to resolution
- A strong initiative to improve processes and implement changes to existing ones.
- Understanding of asset management regulatory environment
Knowledge & Skills (Additional) :
- Comfortable using Oracle accounting software or experience of using accounting software packages.
- Fund accounting experience
- Rebate and Trail Commission experience
Educational Qualification:
- CA with 5+ years of experience
We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
