Accounts payable/receivable

Accounts payable/receivable

State Street

State Street

Bangalore, India

Experience :

Manager

Closes on :

Jan 12, 2025

Job Description

Job Description

Functional Job Title : Billing Transformation –Business Analyst

(Invoicing- ORMB) – Manager

Reports to : BTP AVP/Sr. Manager

Department/ Division : Controllership, Bangalore

Background:

State Street has established a Global Billing Function under Controllership,

which is responsible for client billing set up and invoicing across all

business lines and geographies globally at State Street. Organizationally, it

combines all groups performing these activities globally, and also includes

centers residing in State Street Shared Service locations in Poland, India and

China. Billing Organization owns aspects of business-as-usual activities within

billing areas and also drives process improvements and automation. Global

Billing Function is in the process of migrating to a new technology platform

which will be used for all business units and regions.

Basic Purpose of Job:

The Billing application Invoicing Business Analyst will support the business

and perform following activities. The non-PROD Billing application Related

Invoicing Activities in ORMB (for BUAT and other related purposes).

They will perform the following functions:

Analyze and validate new

business requirements for various platforms used by State Street for

Billing function.Coordinate with requirement

owners to understand and build the BRD’s for the Test Case Scenario.Attend Demo's from QA and

raise issues if there are any gaps.Build test case for the

scenarios which is part of enhancement (Release)Support various product

enhancements and improvements for production release milestoneDocument procedures and

checklists to control activities and report statusSupport process improvement

to enable increase velocity in all related processesPerform day to day activities

of identified as part of Billing Transformation ProgramBUAT Test case Execution and

Evidence documentation.BUAT Test case Execution for

Downstream Scenarios (GAO & OAS)Perform the Billing

Application setups that are needed in the Non prod instances as part of

BUAT support.\ Develop the team to adopt "owner's mind set",

work independently, and effectively manage timelinesManage/collaborate with

resources to assist with ad-hoc projects and new activities to support the

GBO controller group and programEvolve process for Billing

Transformation, performing managerial reasonableness reviews and

discussing reporting & analytics deliverables prepared by the team.Provide support to key

stakeholders of the team to present analytical results, triage findings and

identify solutionsFirst point of escalation

within the local reporting line for dealing with issues (people/process/technology)

and ensuring that compliance requirements are adhered to (e.g. company

policies surrounding standard of conduct, information security, employment

regulations)Coaches' Strong collaboration

with the team and works with onshore leadership to establish the team

member goals and gather feedback for performance appraisals.Ensure completion of

deliverables within the committed timeframe including assistance with

development of deliverable plans.Promote risk excellence

culture and looking at opportunities for continuous improvement.

Work Experiences:

Bachelor’s/master’s degree in

finance, 8 - 9 years of progressive experience preferably from Financial

Services and Banking industry / institutions.Experience of writing BRD’s,

Test cases and execution of test scenarios.Complex operational

activities involving analysis of financial dataKnowledge on business or

technical migration/conversion processes will be an added advantageMust have experience of

Oracle Revenue Management and Billing (ORMB)Experience in SQL and JIRA

will be an added advantageVariance analysis of

reference and financial data and reporting of insights

Skills:

Proficiency in Microsoft

Office suite (Excel, Access, PowerPoint, Word, Visio), advance levels of

Excel (pivot tables, formulas, excel workbook maintenance best practices)Excellent interpersonal,

written, and verbal communication skills, with the ability to interface

effectively with individuals at various levels, both internal and externalAnalytical, with strong

problem-solving abilities and creative resolution skillsAbility to work on multiple

topics in a fast-paced, high-volume environmentStrong Analytical skill

set used for financial data comparisons, reconciliations and

investigationsAbility to remain organized,

pay strict attention to detail, and meet critical deadlines within program

scheduleDetailed orientated with

ability to consistently and accurately execute against operational

processes and controlsAbility to adapt to a

changing environment and demands of transition of new clientsStrong communication skills

with ability to participate in or lead conference calls and present

financial results to financial and non-financial audiences at various

levels of seniorityPride of ownership with the

ability to drive results within the BusinessSolid business knowledge as

it relates to the financial services industry including financial

product and institution knowledgeSelf-motivated, self-assured,

and self-managed

Experience in setting up managing, people, managing and tracking

deliverables, setting up reporting cadence ability to summarize – and provide

status to key stakeholders

End Date: January

13, 2025

For further information, and to apply, please visit our

website via the “Apply” button below.

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