Senior Analyst - Accounts Payable & Expenses

Overview

Senior Analyst in Accounts Payable and Expenses at M&G India, responsible for invoice processing, intercompany recharges, cost allocations and financial reconciliations.

What you'll do

• Review and investigate invoice validation exceptions, NAV allocation variances, recharge discrepancies, FX differences, and reporting breaks, performing root cause analysis and implementing corrective actions.
• Manage monthly intercompany recharge and cash transfer processes, including preparation, validation, submission, reconciliation, and resolution of intercompany breaks.
• Execute and review fund, entity, pack, and project cost allocations, ensuring charges are allocated accurately in accordance with approved allocation methodologies, budgets, and supporting records.
• Perform end-to-end invoice validation and processing, including review of supporting documentation, validation of charges against contractual agreements, investigation of discrepancies, and resolution of supplier and stakeholder queries.
• Own and ensure timely completion of all IME operational activities within agreed SLAs, maintaining high levels of accuracy and control.
• Perform detailed financial reconciliations across invoices, payments, transfers, accruals, recharge activities, fund allocations, and ledger balances, ensuring timely resolution of outstanding items.
• Liaise with AP, Procurement, Finance, Budget Owners, Fund Accounting, and external suppliers to resolve payment issues, invoice queries, supplier setup issues, and operational challenges.
• Ensure daily production operates within SLA by undertaking and completing assigned tasks on time.
• Raise purchase orders as per estimates and seek approvals.
• Manage the mailbox by tracking emails received, addressing all queries and ad hoc items, and tidying up the IC_Oversight mailbox monthly by moving completed emails to the respective folders.
• Ensure all Financial Control procedures are followed and adhere to compliance and regulatory requirements defined for the team.
• Handle problems or queries promptly and accurately, referring complex enquiries or complaints for assistance.
• Ensure accurate and timely delivery of Consolidation and Reporting, Monthly MI, Reconciliation, and Quarterly MI.
• Ensure procedures and controls are well documented.
• Promote a robust risk and control culture by actively managing risks and issues and ensuring timely resolution of control deficiencies, agreed actions, and control failures.

Details

• Location: Mumbai, India.