Senior Associate - Financial Controllership
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About the role
Apex Group Ltd., established in Bermuda in 2003 is one of the world's largest financial service providers with c.13,000 employees operating out of c.85 offices in 42 countries. The Group has c.$3 trillion assets under management and has delivered strong growth of >10% year on year for the last 3 years. Apex Group offers a single source solution to customers for financial services as it has the broadest range of services amongst its competitors. These services include fund administration solutions, digital on-boarding of bank accounts, depositary, custody and super ManCo services, corporate and family office services, business services including HR and payroll and a pioneering ESG ratings and advisory service for private companies. Pune Global Service Centre Luxembourg Finance Team India is growing as an Apex Group finance hub as it provides intelligent, enthusiastic, and energetic professionals to compliment a strong global finance team. This is a great opportunity to join the Luxembourg Finance Team who have chosen India as their Finance Global Service Centre (GSC). Luxembourg is one of the Tier 1 Countries for Apex and contributes ~ 40% of the total Group's Revenue. The major businesses in Luxembourg include Financial Solutions and Fund Solutions along with a small component of Technology. The European Depositary Bank is one of the entities in Luxembourg. The total business entities in Luxembourg are ~ 23 with the manpower of 1300 employees. This is the first phase of hiring for the Finance team in India - Pune. The organisational structure is relatively flat thereby increasing opportunities for everyone to grow and build a successful career. We are looking to hire team members who will help in setting up a world class high performing team. These roles are expected to understand the various processes end to end and drive data cleansing, standardised processing and be engaging with business, management, and different stakeholders across the globe. This is an exciting opportunity for a Finance professional to join a fast-growing financial services organisation and be a part of pilot project helping create a high performing Team. The first phase is targeted to hire team members at all levels which include Senior Associate, Assistant Vice President, Vice President and Senior Vice President. The Luxembourg Finance team will consist of 2 major verticals namely: Financial Controllership and Business Partnering. The Luxembourg Financial Controllership team will primarily be responsible for Month end related activities which include Billing & Cash Collection, owning end to end revenue, Accounts receivable & Payable, Accrued Income, Month end close in adherence with the accounting policies, Statutory & Regulatory reporting, Month on Month Variance analysis, Adhocs. This also includes Stakeholder management, and the primary stakeholders are the Head of various Businesses, Head of Finance (CFO), Regulators and Auditors. The Business Partnering team will be responsible for Assisting and supporting the various Business Heads with business specific requirements. The common activities which will be carried out by this team would be business specific and deep dive analysis in the respective business verticals like Fund Admin, Financial Solutions business (Manco) etc. Business Review, revenue by client, sales pipeline review, 3mth / FY FC rolling FW view, top clients, People efficiency scores, Adhoc Requests, Auditor Queries are some of the activities that will be performed by the team. Stakeholder Management which includes activities like regular connect with stakeholders, answering adhocs, deep dive analysis on numbers would be the major responsibility. This being a pilot project, team will also be responsible for creating a Robust framework at India level to help stabalise and Expand the team in near future. A few activities are as below: Prepare Various trackers, Work within the team to create a robust team culture with proper back up for processes, SO