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Disbursement and Settlement Manager

  • GE Global Operations
  • Experienced
  • Posted 1/10/2018 7:50:18 AM
  • 3043937
  • Job Function: Finance
  • Business Segment: Global Operations Asia
Location(s): India; Chennai

About Us:
GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry.

Role Summary:
This role is for a complex work position which will support manual payments process. The position will lead a team that handles disbursement and settlement related operations for GE in multiple regions

Essential Responsibilities:
• Support disbursement and settlement related operations for GE globally Lead and supervise new process migration, drive centralization of work at other sites
• Supervise and take responsibility of team’s daily operation work, including payment initiation and authorization, cash receipt, FX conversion, balance reporting, Treasury related operation execution and policy compliance, etc.
• Provide financial, controllership and compliance leadership to team
• Strengthen policies and procedures for daily operation, ensure proper control for all payment methods, e-banking/manual payment process etc.
• Lead and support related projects, streamline and simplify payment process.
• Lead and direct team to provide services of high standards to BIZ and ensure full compliance on both internal and external regulation and policies
• Setup and develop training mechanism and policy requirement
• Keep close communication with commercial banks, and ensure team’s smooth cooperation in daily operation
• Follow periodic review mechanism and monitor team’s daily performance with compliance requirements closely
• Enterprise standard (GE policy) alignment & execution
• Launch performance metrics to track and evaluate operators’ daily operation, improve the automation level of metrics collection
• Other ad-hoc projects or assignments arranged by manager

• Candidate must have a University degree
• Minimum 2 years of relevant work experience
• Candidate must be a Passport holder and have an Aadhar Card and a PAN Card
• Team management experience
• Cash, disbursement and settlement related experiences in MNC preferred
• Knowledge of cash management, banking and payment systems
• Relentless Business Integrity
• Good Communication skills and exhibit excellent professional ethics
• Strong process execution and customer service mindset
• Ability to - work pro-actively and independently, prioritize multiple tasks and meet strict deadlines
• Self-motivated to seek out answers, generate ideas, and develop new skills
• Attention to detail and accuracy
• Capacity to deal with high volumes of activity and handle issues during crisis or otherwise
• Team Spirit – Should be a good team player
• To be based in Chennai
• Must be prepared to work in any shift supporting Asia/Americas/European business hours

Desired Characteristics:
• Quality Training – Lean Six Sigma
• Technology streak – updated with latest technologies available for work optimization
• Knowledge Management – Track record of creating and maintaining knowledge
• Treasury software expertise

Locations: India; Chennai

GE offers a great work environment, professional development, challenging careers, and competitive compensation.  GE is an Equal Opportunity Employer.  Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

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