- Location
- Mumbai Central Avenue, India
- Type
- Full-time
- Seniority
- VP
- Closing date
- Today
- Source
- Workday
Description
About M&G India
We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.
Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.
Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.
About M&G
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.
Through 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.
Accountabilities & Responsibilities
Overall Leadership
- Representative of the Director of Internal reporting COE in the location responsible who is managing a team of 60+ comprising the India team
- Capable of taking on and transforming tasks of finance-wide importance
- Ensure understanding and adherence to the Group’s Code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements.
- Ensure the Functions DEI policy objectives are fully met
- Responsible for driving local entity agenda on People, Process and Risk & Controls
Process Ownership
- Own and deliver the support for Global process / COE (Performance Management & Cost), accountable for the Functional delivery
- For the “owned” processes, ensure the timely and high-quality delivery of all outputs from India. Partner with Finance teams, provide analytics to support decision making
- Identify opportunities to re-engineer processes, reorganise or absorb work, to constantly improve the service such that efficiency continues to improve, whilst keeping within budget.
- Ensure robust and up-to-date documentation of processes, key controls and testing of those controls. Create and maintain suite of KPI's that provide a baseline of performance.
- Continually challenge the status quo and drive a continuous cycle of improvement and assessment of services required, clearly demonstrating transformation improvements equivalent to 5% efficiency YoY.
Finance Transformation
- Create a culture of continuous improvement, streamline and automate processes.
- Develop capability in the India location to supplement existing skills to do more with less
- Work closely with IT (itself based in India) to drive the company’s simplification agenda
Knowledge, Skills, Experience & Educational Qualification
Key requirements – Experience
- Seasoned professional with a deep understanding of the Finance function, especially cost management, control governance, headcount management & audit management. Operating in an environment of delivery of cost transformation, with experience in rationalisation and automation
- Relevant experience in Finance Services and providing services globally, preferably in a GCC set up
- Ability to simplify work processes, adapt and champion change, deliver results and inspire others in a fast-paced, agile and transforming work environment
- Excellent communication ability, both verbal and written
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.