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M&G

Senior Analyst Reconciliation

Posted 3 Days Ago
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Mumbai, Maharashtra
Senior level
Mumbai, Maharashtra
Senior level
The role involves ensuring compliance and quality in reconciliation processes, managing stakeholder relations, and continuous improvement of operational procedures.
The summary above was generated by AI

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 corrective actions identified as a result of incidents, breaches, near misses and external audits are fully completed and effectively embedding into the relevant operational team’s processes.
  • Act as a good team player, supporting colleagues, sharing information, getting cross-trained and offering assistance when needed.
  • Manage to achieve the outstanding items at minimum.
  • Prepare/ Update the process notes in timely manner as required.
  • Suggest feasible improvements to the process, achieve continuous productivity and quality improvements.
  • Extensive follow-up with various teams and Banks for analysis of receipts and Payments
  • To assist in any audits taking place and clear any audit points that are raised within the timescale given.
  • Maintain and implement personal development plan in partnership with immediate manager.
  • To demonstrate a positive risk, compliance and control culture through the identification, assessment, monitoring and management of risks and issues within the business area, alongside ensuring timely and appropriate resolution of control weaknesses, actions and failures that arise.
  • Stakeholder management for internal (Finance Teams within the M&G, Business Project Support Teams) and external (Third party administrators/data providers, UK Regulators such as HMRC) counterparts.

Knowledge & Skills (Must Have) :

  • Good understanding of transactional accounting especially bank and suspense accounts
  • Working knowledge of Oracle ERP and Reconciliation tool is advantageous
  • Knowledge of Excel (including advanced excel functions)
  • Good analytical skills and determination to complete a task
  • Good communication and interpersonal skills
  • Attention to details
  • Problem solving skills

Knowledge & Skills (Additional) :

  • Knowledge of Word and Power-point

Experience:

  • Working in a reconciliation and/or accounting role
  • Good understanding of reconciliation procedures

Educational Qualification:

  • Graduate with 5+ years of relevant experience or Post Graduate (MBA Finance) with 3+ years of experience.

OR

  • Chartered Accountant with 1-2 years of experience (MNC experience preferred).

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.

Top Skills

Excel
Oracle Erp
Reconciliation Tool

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