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 group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003.
Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G’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. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
Job Description
Job Title
Asst. Vice President
Grade
2A
Level
Experienced Colleague
Job Function
Finance
Job Sub Function
Internal Reporting
Reports to
VP - Internal Reporting
Location
Mumbai
Business Area
M&G Global Services
Overall Job Purpose
To own and manage the delivery of requisite output / analysis to stakeholders involving multiple areas / teams within the Insurance and Investment business. Managing and facing off to senior Stakeholder independently and supporting them with any Ad hoc requirements / analysis through the team or self. Ensure adequate cross training, process documentation, process controls and work flow management. Manage a team of Senior Analysts, Managers & Senior Managers.
Primary Key Responsibilities (Top 3-5 KRA)
- To independently manage the Sales & Costs teams in Mumbai and ensure delivery of requisite output / analysis to stakeholders.
- Validating the financial data received from key systems with appropriate check and balances.
- Financial analysis, Forecasting & Budgeting.
- Performance (incl. Revenue and Cost) reporting against plan / forecast, variance analysis and insights at department level.
- Accountability and Ownership of delivering accurate Management information as per agreed timelines and accuracy levels both BAU and Ad hoc through the team or self.
- Responsibility of one or more teams and facing off to multiple stakeholders.
- Assist VP in making and implementing a robust business continuity plan.
- Responsible for people management ensuring that all staff are appropriately trained and performance managed against agreed individual objectives
- Provide Project support as a Subject matter expert/Process owner and ensure seamless transition into BAU.
- Support automation and optimize business processes to reduce workload and create proficiencies wherever applicable
- Ad hoc requests for data and analysis.
Additional Responsibilities :
- Conduct regular reviews of MI and its production to ensure fitness for purpose, recommending and implementing improvements.
- To 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.
Key Stakeholder Management
Internal
- FP&A and Business Partnering teams in the UK – for hand offs, co-ordination, reporting
- HR – recruitment and training
- IT – Systems access
- Business Areas – provide/seek information
- Finance Systems – applications support
- Financial Accounting – accruals / audit / reconciliations
External
- External Auditors
- Third Party Vendors
Knowledge, Skills, Experience & Educational Qualification
Knowledge & Skills (Must Have) :
- Insurance & Asset Management business awareness.
- Confident & excellent communication.
- Excellent Stakeholder management skills.
- People management skills.
- Good knowledge of Office 365, Business Objects (Web intelligence), Power BI & Forecasting tools like Oracle Fusion, Oracle EPM etc.
- Good Presentation skills (verbal and written)
- Strong financial analysis skills with attention to detail.
- Ability to effectively absorb information from various sources, then analyse and examine data in detail, and draw appropriate conclusions.
- A highly collaborative team player.
- Function as a motivated, self-starting, and independent individual.
- Ability to interact at all levels of the organization to meet milestones.
- Flexibility, able to react quickly to changing priorities and timelines.
- Takes responsibility and demonstrates ownership of issues.
Knowledge & Skills (Additional) :
- Financial Services market awareness
Experience:
8-11 years
Educational Qualification:
- Part /Qualified Accountant, MBA in Finance or Graduate/Post Graduate in Commerce / BMS with relevant experience
M&G Behaviours relevant to all roles:
Tell it like it is : Respectfully speaking up to create better ways forward- both direct and empathetic
Own it now: Putting your name on things with confidence to drive progress and result quickly
Move it Forward Together: Forming cross- functional teams to seize the right opportunities and solve real problems
We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
