Finance Associate

Management Level

Equiniti is a leading provider of technology and solutions for complex and regulated administration and payments.  Our technology platforms are used by 70% of the FTSE 100, Government, and other large corporates, particularly in banking, insurance and other financial services.  We have 1,700 clients, make £160 billion worth of payments through our systems every year, hold records for 70 million shareholders, look after pension schemes for 8 million pension scheme members, and provide services which touch 28 million customers.  Over a third of the UK population has dealt with Equiniti at some point during their lives. 

Equiniti is a company that has been built with strong values at the very core of our offering.  Dealing with some of the most successful companies and government agencies in the UK, excellence, integrity, professionalism, partnership, commercial and innovation are therefore at the heart of everything we do.  We employ over 5,000 people in the UK, India, US and Netherlands. 

There are five internal business divisions which compromise the Equiniti business (EQ Boardroom & Invest, EQ Paymaster, EQ Digital, EQ US and AST), which are all supported by the Group Functions.  Our strategy is aimed at driving pace and growth with a strong focus on further investment in our people and leadership. 

Equiniti’s journey to build and develop a captive offshore finance facility started in 2016, with a view to centralise the core transactional accounting. This resulted in the creation of a Finance Shared Services Centre (SSC) in Chennai which comprises the following teams: Record to Report (RTR), Procure to Pay (PTP), Master Data Management and Data Analysis (MDM), Order to Cash (OTC) and Financial Planning and Analysis (FP&A).

The Finance SSC Team is one of the most engaged teams in the business per the last Gallup survey. In recent years the Finance SSC has extended its Global footprint to support geographies beyond UK, expanding the remit in operating areas to help sustain, and improve, the control environment for the Group. The Finance SSC has continued to successfully drive value-add and continuous improvement along the value chain by providing high quality services in specialised areas of External Financial Reporting and Internal Audit.

All of this made possible by over 100 dedicated, articulate, and forward-thinking colleagues in the Finance SSC who play a pivotal role in our transformative journey. The most recent achievement of the team includes successfully implementing Workday in 2020 – the global finance, procurement and human capital management ERP which is now used globally by all of Equiniti’s businesses & employees. 

Core Duties/Responsibilities

The successful candidate will be responsible for the following duties:

• To provide a professional Order to Cash Service from the SSC.
• Manage and apply the customer payments.
• Ability to identify the problematic accounts and aged balances.
• Monitoring the outstanding receivables and proper communication with the customers to minimise liabilities.
• Reconciliation of customers statements.
• Monitor, investigate the reasons for unallocated cash and match to the appropriate invoices.
• Handling the generic mailbox and action queries.
• Establish relationships with billing team and credit controllers to ensure accurate and timely allocation of customer payments.

Why Join Us?

• Opportunity to work in a dynamic and global finance environment.
• Exposure to senior stakeholders and strategic decision-making processes.
• Career development and learning opportunities within a growing finance function.
• Competitive salary and benefits package.

If you are a strategic thinker with a passion for finance and business partnering, we would love to hear from you!

Skills, Knowledge & Experience

The successful candidate will demonstrate the following experience skills and behaviours:

Education / Qualifications:

• MBA Finance/Bachelor’s degree in commerce from an accredited university.

Skills & Abilities

• Self-starter with excellent interpersonal communication and problem-solving skills.
• Fluent English: written and spoken.
• Proven Leadership abilities and team working.
• Excellent organizational, communication and planning skills.
• Professional, credible individual with an ability to influence peers, superiors and subordinates.
• Adaptable with an ability to change direction and priorities if required.
• Achievement orientation: Driven by goals and deadlines.
• Ability to work well with people across the organisation.
• Ability to understand the detail behind processes.
• Good interpersonal and negotiation skills, including the ability to communicate effectively across different levels of the organisation.

Benefits

Being a permanent member of the team at EQ you will be rewarded by our company benefits, these are just a few of what is on offer:

• 31 days + 9 bank holidays (UK).
• Comprehensive Medical Assurance cover.
• Two-way cab transport for staff working in UK & US shift.
• Maternity leave of 6 months full pay, 10days paid paternity leave.
• Accidental & Life cover 3 times of concerned CTC.

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships. Please note any offer of employment is subject to satisfactory pre-employment screening checks.