Assistant Manager - Reconciliations

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. The company 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.

Manage to achieve the month-end close timely and accurately by preparing various journal entries and account reconciliations for cash, prepaid, accruals, intercompany and various other accounts.

Coordinate with other departments to obtain transaction information, research reconciling items and resolve issues.

Ensure the posting of all journal entries to business transactions are recorded accurately.

Handle the problems or queries promptly and accurately, referring complex enquires or complaints for assistance.

To assist in any audits taking place and clear any audit points that are raised within the timescale given.

Identify and assist the need for changes to continuously improve quality and efficiency of output.

Stakeholder Management

Co-ordinate with accounting team in day to day activities to ensure the right postings are done in the system to clear the account.

Provide account detail and support and explain variances to internal stakeholders.

Performs the team’s general accounting activities, including creating journals, reviewing transactions and reconciliations of accounts.

Ensure daily production operates within SLA by planning and scheduling work efficiently

Ensure all bank and suspense accounts owned by the area are regularly reconciled, reviewed within SLA and that outstanding items are reduced to a minimum

To support the team to identify opportunities to re-engineer processes, reorganise or absorb work, to constantly improve the service such that efficiency continues to improve, whilst keeping within budget.

Ensure compliance and governance framework is in place to provide adequate audit trail

Ensure all process related documentations are timely updated to show changes.

Be responsible to build constructive rapport with stakeholder through meetings and discussions.

Ensure adequate cross-training within the process.

Work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customer outcomes

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.

We live by four behaviours at M&G Global Services and we ask all our employees to:

Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed

Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas

Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination

Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things

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