Job Description

Job Title Finance Operations Manager



Job title

Finance Operations Manager

Job description

Based in: Bangalore

Office/Home: Hybrid (2-3 days minimum a week in office)

Overview

Our Global Finance Operations Team is responsible for all finance operations activities globally

which include Cash Control, Asset Control, Financial Control, Accounts Payable, Revenue Control,

Regulatory Reporting Operations and Hedging Control. The Finance Operations team is currently

based in Krakow (all teams) and Singapore (Cash Control) and the Finance Operations team in

India will be an extension of Global Finance Operations function.

The Finance Operations Team in India will start as a smaller team compared the Krakow and will

consist of a Cash Control, Accounts Payable and Financial Control. As the Group, Finance, and

therefore Finance Operations grow, the team in India will grow and there would be scope to

establish and extend more of the finance operational team already in Krakow.

This role will be critical in establishing this new team in India, lead the training of this team,

manage and lead the day-to-day responsibilities of this team and build strong relationships with

the global finance function and wider business.

Responsibilities:

The key responsibilities of the teams this role will be responsible for will include:

Cash Control

\xef\x82\xb7 Ensure daily reconciliation and break resolution of Client\xe2\x80\x99s funds (automated with

AutoRek) and its review, including the administration of unallocated client receipts

\xef\x82\xb7 Respond to any query from internal or external sources in relation to the activity

\xef\x82\xb7 Calculate daily client money segregation in accordance to the respective regulatory

requirements and process the transfer in a timely manner

\xef\x82\xb7 Liaise with the Treasury and local Financial Control teams to ensure compliance with

client money regulations, internal client money buffers and policies, as well as firm\xe2\x80\x99s

liquidity

\xef\x82\xb7 Identify and recommend improvements in reconciliation process and other processing

areas for greater operational efficiency and risk mitigation

\xef\x82\xb7 Prepare ad hoc corporate payments as requested by the business

\xef\x82\xb7 Performing bank administrative duties such as mandate updates and user setup

\xef\x82\xb7 Maintaining procedures manuals and other documentation

\xef\x82\xb7 Assist in internal and external audits as required

Accounts Payable:

\xef\x82\xb7 Accurate coding of direct invoices and credit notes

\xef\x82\xb7 Matching purchase orders to incoming invoices

\xef\x82\xb7 Posting correction journals and intercompany journals

\xef\x82\xb7 Manage administration of staff credit cards and distribution

\xef\x82\xb7 Answer and deal with incoming telephone calls/ emails from suppliers

\xef\x82\xb7 Carry out weekly supplier payment runs for the UK, PL, UAE, US & Foreign offices (multi

currencies), paying by Chaps and BACS , produce urgent payments

Creating new supplier accounts as in accordance with our company policy

\xef\x82\xb7 Review and reconcile supplier statements

\xef\x82\xb7 Chase departmental managers for outstanding / overdue invoices

\xef\x82\xb7 Assist with month-end procedures such as the aged debtor report

\xef\x82\xb7 Drive improvements projects and support process instructions

Financial Control:

\xef\x82\xb7 Preparation of management and financial accounts, review, and oversight of the monthly

results for IG Group entities

\xef\x82\xb7 Perform standard bookings and review

\xef\x82\xb7 Maintaining a strong financial control environment including preparation and review of

balance sheet reconciliations and controls

\xef\x82\xb7 Intercompany reconciliation and bookings

\xef\x82\xb7 Management and coordination of indirect and operational tax related activities if required

\xef\x82\xb7 Continuous improvement of processes and participation in improvement projects

Your job will include among others:

\xef\x82\xb7 Leading this team and managing all aspects of the team\xe2\x80\x99s day to day responsibilities

\xef\x82\xb7 Managing the team\xe2\x80\x99s performance, development and training on global processes

\xef\x82\xb7 Ensure the processes operated from Bangalore are aligned with the global processes and

standardised as far as possible

\xef\x82\xb7 Continuously improvement the processes of this team and participate and manage

process improvements affecting the global team

\xef\x82\xb7 Building strong relationships within Finance and especially those you will have regular

interaction with

\xef\x82\xb7 Actively manage all critical stakeholders of the team, with clear communication between

the team and key stakeholders

\xef\x82\xb7 Design operation performance efficiency KPI\xe2\x80\x99s for the team against agreed SLA\xe2\x80\x99s.

Who we are:

We\xe2\x80\x99ve been at the forefront of trading innovation since 1974, taking on the challenge to deliver

an unmatched experience for our clients and raise the bar for tomorrow\xe2\x80\x99s opportunities. Today,

we\xe2\x80\x99re a global fintech company incorporating the IG, tastylive, IG Prime, Spectrum and DailyFX

brands, with a presence in 20 countries across five continents and over 400 000 active clients

worldwide.

But we know our success is only possible because of our people, who we encourage and

empower to be brave, determined and inventive. Join us if you\xe2\x80\x99d like to work in an inclusive,

collaborative team that will recognise your talent and allow it to shine.

Where you\xe2\x80\x99ll work:

As part of our hybrid working environment, you\xe2\x80\x99ll split your time between home and the office

(minimum 2 days a week in the office). In this way, you\xe2\x80\x99ll be able to enjoy a better work-life

balance and always bring your best self to your role. At the office, you\xe2\x80\x99ll have access to

everything you\xe2\x80\x99d expect from a world-class employer, such as a modern working environment,

agile spaces, private quiet rooms and breakout areas. Plus, all our offices are located in iconic city

centres, close to everything you might need for a rewarding working experience.

While you will be based in our Bangalore office, you will be working with our finance teams

across Europe, UK, US and APAC.

Join IG, and you will be joining the best in an always-moving industry. We are constantly

improving and developing our Finance processes, accounting systems and standards.

How you\xe2\x80\x99ll grow:

Your personal and professional development are important to us. As a company that\xe2\x80\x99s constantly

redefining the boundaries of possibility, we\xe2\x80\x99ll challenge you to push yourself, accelerate your

ambitions and rise to new levels of excellence. We know that\xe2\x80\x99s a big ask, so we\xe2\x80\x99ll make sure that

you\xe2\x80\x99re supported all the way, getting the backing you need and the recognition you deserve. If

you connect with our vision and can get behind it, you\xe2\x80\x99ll be rewarded with countless

opportunities to experience new things and enhance your abilities.

What do we offer:

\xef\x82\xb7 Contribution to the growth of the largest global Trading platform

\xef\x82\xb7 Attractive remuneration

\xef\x82\xb7 A full-time job with stable employment conditions

\xef\x82\xb7 Opportunities of individual growth in multinational company

\xef\x82\xb7 Excellent work location and atmosphere in working place

\xef\x82\xb7 Comprehensive social benefit package as well as training and development

\xef\x82\xb7 Flexible work arrangements \xe2\x80\x93 we work in hybrid working framework

\xef\x82\xb7 Home office equipment reimbursement

\xef\x82\xb7 2 additional days off a year for voluntary work

\xef\x82\xb7 1 additional day off to celebrate your Birthday \xf0\x9f\x98\x8a

What you can expect in the office:

Come to work in a comfortable, state of the art office containing all the things you need to

succeed. Each of us works from laptops, at agile, ergonomic workstations designed to support

our roles. Our spacious, open-plan offices provide a modern, dynamic setting for you to excel.

You will find space for individual quiet work, separate areas for creative sessions and workshops,

as well as areas to cooperate with others.

On top of current benefits employees may enjoy here:

\xef\x82\xb7 Free lunch, fresh fruits and coffee/hot drinks

\xef\x82\xb7 Free shuttle service to the nearest metro station

\xef\x82\xb7 Games: Foosball and ping-pong table, consoles and board games

Who you are:

You\xe2\x80\x99re upbeat and enthusiastic, and you have an open mind and a curious, can-do attitude. You,

like us, understand the importance of collaboration and are driven to be the best in what you do.

You embody our three core values \xe2\x80\x93 to champion the client, learn fast together and raise the bar.

You want to be part of a proudly carbon-neutral company that will prioritise your wellbeing and

that of the world around you, helping to create a brighter future for all. A company that

embraces diversity and welcomes everyone with respect, regardless of race, age, sexual

orientation, gender, identification, faith or culture. If you\xe2\x80\x99re inspired by our way of working and

can bring something new to our team of top-notch people, then you\xe2\x80\x99ll find a home here.

Requirements:

\xef\x82\xb7 Minimum qualification \xe2\x80\x93 Chartered Accountant (CA) with Graduation in Commerce

\xef\x82\xb7 Educational background - finance and accounting

\xef\x82\xb7 Minimum 8 years of professional experience in Finance, Finance Operations or Middle

Office functions

\xef\x82\xb7 Ability to work unsupervised, showing initiative in identifying problems and posing

solutions

\xef\x82\xb7 Ability to manage people of various grades (Junior Managers/Team Leaders, Analysts)

\xef\x82\xb7 Strong relationship building skills

\xef\x82\xb7 A good understanding and excellent experience working in and improving control

environments, strengthening control and improving control processes

\xef\x82\xb7 Good understanding of financial processes for the areas of responsibility

\xef\x82\xb7 Experience in international environment / corporations will be an asset

\xef\x82\xb7 Good English communication skills, both written and verbal

\xef\x82\xb7 Ability to multi-task in a constantly changing environment meeting regular deadlines;

taking ownership of assigned responsibilities

\xef\x82\xb7 Attention to details and analytical skills

\xef\x82\xb7 Proactive attitude in researching and resolving problems/issues

\xef\x82\xb7 Ability to co-operate in team and excellent communication skills

\xef\x82\xb7 Able to work under pressure

\xef\x82\xb7 Self-motivation, willingness to learn, showing initiative in identifying problems and

proposing solutions

Number of openings 1

IG Group