Transaction Processing-Senior Associate

 Bangalore, India       Permanent contract        Banking Operations


Responsibilities + Duties 

Subject Matter Expert - AP:- Perform Creation/Validation of voucher in PeopleSoft ERP

- Carry out processing of invoices with complete accuracy: input all voucher details as it appears on the invoice copy, analyse type of expense and enter accounting information, send to next level of validation

- Perform validation of the voucher/ audit staff claims entered in the ERP against invoice copy/ original bills, verify vendor, accounting & non-accounting details

- Analyse and respond to all queries by internal & external contacts (both voice & emails)

- Participate in Vendor set up & maintenance

- Perform Execution & recording of all payments

- Generate, process and record payment of Invoices for AR

- Perform MIS Reporting in Advanced Excel, Month End Closure activities, Reconciliations, Front End Closures, reconciliation and basic auditing

- Provisioning for all expenses and reconciliation of the same

- Ensure Adherence of the process transactions as per the agreed SOP guidance

• Update referential files

Market Data- Perform invoice reconciliation for market data & telecom expense

- Validate the cost on ERP tool & provide allocation to the accounts department

- Manage access requests for market data & telecom services for users across business lines

- Prepare MIS reports & exchange declarations for business lines & exchanges

- Maintain consistent quality

- Update referential files

- Analyse and respond to all queries by internal & external contacts (both voice & emails)

- Ensure Adherence of the process transactions as per the agreed SOP guidance

- Perform month-end checks for all regions and ensure smooth closing of inventory during month close

- Perform cost allocation and provide monthly provision to AP" 

Responsibilities + Duties 

Procurement- Should independently handle ITPO administration tasks

- Should be able to work under high pressure

- Must ensure that all KPIs are met with respect to timelines and quality

- Should be able to multi task & delivering satisfactory results in short span of time

- Introduce controls as required to ensure smooth functioning of the process

- Performance measurement: KPI and dashboard preparation and analysis

- Involve in Operations and handling deliveries

- Perform activities of purchase request /order management, managing invoices & reporting activities

- Maintaining Asset database

- Ensure adherence of the process transactions as per the agreed SOP guidance

- Analyse and respond to all queries by internal & external contacts (both voice & emails)

- Update referential files

Team Leader- Responsible for Work Allocation to team.

- Responsible for Invoice Reconciliation Management, Request Management and reporting activities.

- Ensure team is completing deliverables as per the SLA's agreed

- Capture all errors, perform root cause analysis & submit CAPA (corrective action, preventive action)

- Identify Process Improvement projects, present to stakeholders and obtain approval

- Responsible for maintaining consistent quality and ensuring error free process

- To be the first point of escalation & communicating to client of any queries and ensuring end results are achieved and follow-ups.

- Identify training requirements, plan & organise training to team. Co-ordinate with central training department for the organisation

- Ensure all process documents are up to date.

- Declare all supervision controls on time and explain to senior management in case of any exceptions & anomalies

- Prepare Personal Development Plan for the team. Monitor to ensure completion & effectiveness of the same.

- Ensure all reports and trackers are updated on a daily basis and monitor performance of the team. Perform daily control of the same & discuss with team members regularly

- Ensures all escalations are dealt on time with proper root cause & action plan discussed with key stakeholders

- Conduct regular reviews with counterparts to discuss operational issues, challenges, enhancements etc.

- Conduct regular reviews with counterparts to discuss operational issues, challenges, enhancements etc" 

Profile Required

Must have Strong Accounting knowledge (Expert)

Subject Matter Expert:

- Knowledge of Invoice processing and validation

- Expert knowledge of Accounting

- Understanding of Market Data and Telecom Data Management and recording

Team Leader / Assistant Manager:

- Experience with Process Management and People Management

Why Join Us

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Business Insight

A 100% owned subsidiary of European banking and financial services major Societe Generale (SG), Societe Generale Global Solution Centre (SG GSC) came into existence in 2000. Established as an offshore development centre in Bangalore, also having a presence in Chennai, SG GSC has 15 years of sustainable delivery expertise to its credit, and develops global best practices to promote the strategic objectives of the Societe Generale Group.

SG GSC possesses in-depth understanding of the business processes and cutting-edge technologies across domains of Societe Generale’s diverse portfolio. We deliver best-in-class solutions to the Group’s entities in the realm of corporate and investment banking, retail banking, specialized financing and insurance, private banking, and global investment management and services.

We place the highest importance on our employees and provide extensive opportunities for career progression and development. SG GSC conforms to the group diversity principles, and has a multi-cultural staff representing seven nationalities, and speaking 20 languages. Women comprise 25% of our workforce.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 20000F2V
Business unit: SG Global Solution Centre
Starting date: Immediate
Date of publication: 24/07/2020
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Transaction Processing-Senior Associate

Permanent contract   |   Bangalore   |   Banking Operations