Assistant Manager - S&T Back-Office Settlement

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.
Inviting applications for the role of Assistant Manager - S&T Back-Office Settlement
Summary
The Analyst, S&T Back-Office Settlement primary responsibility is to ensure that S&T invoices are processed and sent in a timely and accurate manner according to the customer’s invoicing agreement and countries regulations following S&T Back Office Settlement process.
Responsibilities
In this role, the shortlisted candidate will be responsible to perform the following:

• Ensure that all monthly invoices and reports are processed and sent to customers in a timely manner as per contracts terms using internal systems.
• Reconcile cash settlement for all executed traded OTC Derivatives
• Invoices generation - OTC Derivatives ( Swap and Options ) , Physical Nat Gas, Physical Conti Power & Gas , Sustainability (REC,I-REC, Goos,VER)
• Reconcile all grid invoices and pass-through costs.
• Transmit cash instructions to the Finance team (AP/AR).
• Liaise with counterparties, and internal teams such as Front Office, Contracts, Middle Office & Collections to resolve settlement discrepancies.
• Liaise closely with the accounting team on revenue recognition.
• Reconcile payable and receivable against bank account and follow-up with customers and suppliers.
• Follow up on requests from customers and suppliers’ inquiries by also communicating with business.
• Attention to detail and ability to manage several tasks at once by ensuring all trade economics and discrepancies are appropriately investigated and resolved, while managing client expectations and potential fail exposure.
• Prepare to gain a comprehensive understanding of the trade lifecycle and associated cash flows by interacting with Traders and middle office.
• Maintain shared outlook mailbox, by responding timely with accurate information to both external and internal customers.
• File and label all contractual correspondence and email in box following Documentation retention process.
• Assist on providing information relating to SOX controls with Internal/External Auditors.
• Communicate efficiently with business partners, team members, and Management.
• Knowledge in Electricity, Nat Gas , Oil & Sustainability markets would be an added advantage.

Qualifications
Minimum qualifications

MBA/ PGDBM /B. Com (Finance / Accounting)

Preferred qualifications
• Professional experience of 5 years or more
• Ability to work independently without significant supervision
• Good communication skills as job involves liaising with clients and their internal departments
• Degree level or possess an equivalent level qualification.
• Experience in Commodities Settlement is preferable.
• International experience is preferable.
• Must be fluent in a Scandinavian language and English both verbally and in writing, Finnish is an advantage.

Preferred skills

• Strong change management skills, and ability to manage multiple priorities
• Ability to learn very quickly and identify improvement opportunities – high energy and self-starting individual
• Viewed as insightful, articulate, persuasive, and organized
• Strong drive, work ethics, and leadership qualities
• Maintains confidentiality of information used and exchanged in research within the legal and compliance framework
• Good Team player
• Excellent written/oral communication skills and attention to detail
• Strong analytical and problem-solving skills
• Strong planning and organizational skills
• Innovative in providing and addressing business needs in a changing environment.
• Use of Microsoft Office Suite including Word, PowerPoint, Access, Excel and Outlook, PowerBI and willingness to experiment and work with new technologies.

Shift Timing –UK Shift – 01:00 PM to 11:00 PM IST