Franklin Templeton International Services India Pvt. Ltd (FTISPL) is the Indian Services wing of Franklin Templeton Inc, one of the Top Global Investment Management Company committed to offering High Quality Products and providing outstanding services to our customers who are individuals, institutions, pensioners, trusts, partnership firms and other clients. FTISPL at Hyderabad offers various IT /Business related service and support. It stands as a key business enabler of world-wide operations for Franklin Templeton Investment.
Our vision is to be a premier global investment management organization by offering high quality investment solutions, providing outstanding service and attracting, motivating and retaining talented individuals.
What is the AR & Billing Administrator responsible for?
The individual is responsible for maintaining the fee calculation process within the accounting system. This includes maintaining existing fee calculations, interpreting, understanding, creating and posting new fee calculations, as well as reversing and closing down fees. In addition the individual must have the knowledge to manually calculate fees for a select group of accounts. The individual will participate in the onboarding process with other key departments, designed to ensure smooth set up of new accounts. Other responsibilities may include preparation of fee reports as well as assist in fee review and control processes. As a member of the fee group, the successful candidate will also have opportunities to participate in assignments and special projects within the group as required.
What are the ongoing responsibilities of an AR & Billing Administrator?
Opening & closing fee terms in the Trust Accounting System
Manually calculating initial & final fees
Maintaining fee terms within Excel/Fee Systems
Manual calculation of fees outside of Trust Accounting System
Creating invoices within PeopleSoft system
Support Administrators/Investment Officers on fee inquiries
Check and Payment Application
Fund Reimbursement Payment application
New Account Set Up & Implementation
Representing the department on project teams established for implementing new accounts
Understanding the purpose and nature of the new account, and the responsibilities of each party
Reviewing and commenting on Investment Management Agreements and other governing documentation
Documenting and maintaining permanent file information for the department
Agreeing on and documenting procedure for fee calculation and billings with client
What ideal qualifications, skills & experience would help someone to be successful?
This position requires an Associate or higher Accounting or Business degree.
Two years of business experience is mandatory.
Experience with automated financial systems, would be viewed favorably.
Experience of working with US/ European/Canadian clients would be an added advantage
SKILLS AND ABILITIES:
Proficiency in Excel, Word, PowerPoint & Outlook is mandatory.
Logical thinking and ability to understand and solve basic mathematical problems.
Ability to quickly pick up on internal systems.
Good Organizational skills excellent verbal and written communications skills.
PROBLEM SOLVING AND DECISION MAKING:
We rely on attracting and retaining employees of exceptional quality. In addition, we work to instill a performance driven culture that reinforces accountability, innovation, and professional development. To reach these goals, Franklin Templeton Investments provides a comprehensive employment program that comprises a balanced work/life philosophy, competitive salaries and substantial employee benefits and services, including:
* Professional development growth opportunities through in-house classes and over 150 Web-based training courses
* An educational assistance program to financially help employees seeking continuing education
* Medical, Life and Personal Accident Insurance benefit for employees. Medical insurance also cover employee’s dependents (spouses, children and dependent parents)
* Life insurance for protection of employees’ families
* Personal accident insurance for protection of employees and their families
* Personal loan assistance
* Employee Stock Investment Plan (ESIP)
Job Posting Date
Jan 11, 2018, 8:05:13 AM