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Sr Manager CFT Ledger & Consolidation

M&G plc
Mumbai, India
Closing date
15 Mar 2024

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Banking and Financial Services
Contract Type
Full Time

Job Details

We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G plc's ambition to be the best loved and most successful savings and investments company in the world.

Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities.

The role of CFT Ledger & Consolidations Systems Lead is a key role for providing leadership and oversight to the Accounting Ledgers and Consolidation platform CFT Support Teams and managing the platform service and small change for multiple stakeholders across the business. You will foster strong working partnerships with your stakeholders and work with the CFT senior management team to drive change and service improvements in line with the business strategy. You will work closely with stakeholders, CFT Portfolio Leads and Head of CFT Platforms to deliver seamless transitions into service under full governance and will play a leading role in the integration of CFT systems across the business.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles.

Primary Key Responsibilities (Top 3-5 KRA)

  • Work with other teams across Technology - identifying, refining, and delivering more automated processes that improve efficiency and add capability and value to the business.
  • Drive the best use of our strategic technology with our stakeholders in conjunction with the CFT Portfolio Leads and Head of CFT Platforms.
  • Ensure teams are right-sized and TCO targets met for software across the platform in conjunction with the Head of CFT Platforms.
  • Ensure key processes and controls are in place, fully documented and operate with enough cover to give assurance of system availability to meet deadlines and business demands including management of regression testing to ensure functionality is maintained following regular patching and upgrade cycles across the platform.
  • Manage the service and small change within the Ledger and reconciliation platform e.g. Infor SUN, Broadridge Revport, Oracle Fusion Cloud, Peoplesoft, Smartstream TLM, Docusign and Qlik.
  • Manage the service and small change with FP&A and Consolidation platforms e.g. Oracle EPM, Tagetik, Smartview solutions, etc.
  • Ensure regular service reviews are held with vendors and partners and KPIs are met
  • Ensure the maintenance of accurate records, filing and audit trail of activities undertaken and compliance with all internal PAR and audit requests.
  • Work with external Audit to manage the pipeline of requests and responses in a timely manner.
  • Ensure a consistently high-quality level of service and support is provided to CFT stakeholders
  • Help to lead system and process improvements and upgrades to existing products working with the wider IT and security teams and our stakeholders across CFT. This will include leadership of the prioritisation process for development work on the Ledger/Consolidation systems and reconciliation platforms, ensuring upcoming work is pushed through the front door process where required.

Additional Responsibilities :

  • Ensure that established M&G SDLC practices are followed across the platform - including the use of appropriate tools to support version control and requirement traceability (e.g. DevOps, JIRA, segregation of duties)
  • Proactively look for opportunities to make enhancements and improvements to current CFT Ledger and reconciliation systems and processes, reporting and data analytics capabilities to drive increased efficiency and productivity across CFT
  • Provide subject matter expertise to programmes run from within the CFT portfolios to enable the delivery of business outcomes that are fit for purpose
  • Ensure future developments are accepted into service and relevant teams built or enhanced to ensure applications are supported.

Key Stakeholder Management

  • UK Finance Accounting
  • UK Finance Actuarial
  • UK Corporate Functions technology

  • Software Suppliers
  • External Consultants

We live by four behaviours at M&G Global Services and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things


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