Analyst - Finance Shared Services

Posted:
8/25/2024, 3:52:01 AM

Location(s):
Mumbai, Maharashtra, India ⋅ Maharashtra, India

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Position Overview

ABOUT APOLLO

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes.

 

OUR PURPOSE AND CORE VALUES

Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:

 

The leading provider of retirement income solutions to institutions, companies, and individuals.

 

The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.

 

A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

 

We are building a unique firm of extraordinary colleagues who:

Outperform expectations

Challenge Convention

Champion Opportunity

Lead responsibly

Drive collaboration

 

As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

 

OUR BENEFITS

Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family. Please reach out to your Human Capital Business Partner for more detailed information on specific benefits.

COMPANY

As one of the world’s largest alternative investment managers, Apollo manages capital for hundreds of fund investors in dozens of countries, including some of the most sophisticated institutional allocators of capital. Pension funds, sovereign wealth funds, university endowments, charitable foundations, financial institutions, and family offices alike rely on Apollo to deliver differentiated long-term investment performance.

About the firm:

Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, "Apollo") is one of the world's leading alternative asset managers. Since its founding in 1990, Apollo's rigorous, value-oriented approach has sought to create uncommon opportunities for investors to achieve superior risk-adjusted results throughout market cycles. Apollo takes many paths to value, operating as one integrated global platform with assets under management in private equity, credit and real assets. Funds managed by Apollo seek to invest in companies that are good corporate citizens, and have sound environmental, social and governance practices. To find out more, visit www.apollo.com.

About the organization:

As the business grows and the regulatory environment evolves, Apollo wants to leverage technology and analytics to augment the control environment, drive efficiencies, and build a scalable model to support business growth in a sustainable manner through its Finance Shared Services organization.

Finance Shared Services is part of Apollo’s Chief Accounting Officer’s organization and includes several key global functions including processing and reporting for accounts payable, accounts receivable, travel and entertainment (T&E) expenses, travel services, vendor engagement and management, research services and reporting & analytics.

The incumbent will report to the Lead of AP Operations to support functional responsibilities, in addition to its ongoing transformation agenda.

The incumbent will work closely with all other Finance Shared Services functions, Apollo employees based across the US and International as well as with key internal stakeholders including Finance and Controller ship professionals, Human Capital, Corporate Services, Legal, Tax & Compliance, Technologies and Marketing on process and policy matters, as well as relationships with external service and technology solution providers (i.e. PeopleSoft).

The successful candidate will have to demonstrate experience in monitoring the AP mailbox to respond to client queries, reviewing, auditing, approving vendor payment and vendor setup through PeopleSoft (AP technology platform). The incumbent will be involved in documenting, reporting, and proposing initiatives to measure the effectiveness and adherence to the firm’s global AP policy, procedures, and exception process. The candidate will need to manage escalations by interacting with employees, executive assistants, and internal stakeholders from all seniority levels on providing accurate, timely and ongoing support on all AP-related matters (i.e., communicating, explaining, and enforcing AP policy provisions, process changes, and escalation of issues and exception decisions). Clear, firm, and polite communication and relationship building skills are needed.

Role and responsibilities:

Key contributor towards AP Controls and support all aspects of day-to-day activities and deliverables of the function, encompassing:

  • Monitor the mailbox and respond to internal and external queries to the AP mailbox.

  • Review and approve urgent vendor payments and vendor master setup. Run urgent pay cycles as required.

  • Maintain accurate records and control reports. Suggest resolutions and escalate breaks (if any) to the seniors.

  • Lead/ contribute to process automation/transformation effort in AP for streamlined processes with stronger controls to be in place.

  • Provide oversight and liaise between AP and cross functional teams e.g., Vendor Management/Technology/Audit/SOX

  • Review and approve urgent vendor master setup request.

  • Ensure that the relevant AP process documentation is always up to date.

  • Support the training and onboarding process of any new joiner to the AP team.

  • Be well-versed with the AP/vendor payment policies and ensure adherence to the same across the organization.

  • Monitor and implement reports to help analyzing policy adherence and flag out/suggest policy charges with appropriate business reason.

  • Take initiative and manage ad-hoc/ transformation projects as needed.

Qualifications & Experience

  • Proven experience of minimum of 2-3 years for AP function including policy and process adherence, review, audit, and approval of invoices and vendor payments through the PeopleSoft, understanding of vendor due diligence, and enforcing and communicating Accounts Payable policy and provisions to employees and other internal stakeholders.

  • Minimum 2-3 years of mailbox management/ query resolution and be able to understand the overall process governance at the same time.

  • Strong communication, and interpersonal skills. Ability to partner with others and work collaboratively and professionally in the organization to ensure roles and responsibilities are clear and metrics are in place across the control structure.

  • Strong analytical skills, able to quickly grasp and evolve the Accounts Payable policy provisions, process implications and recommend initiatives for ongoing improvement of the function and its operational effectiveness.

  • Highly organized, proactive, and efficient in managing and following up on multiple priorities simultaneously with solid prioritization skills.

  • Bachelor’s degree required. Role location: Mumbai, India. Work timings- US Shift i.e. 7pm to 3am IST.

  • Role location: Mumbai, India. Work timings- US Shift.

Apollo provides equal employment opportunities regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, veteran status, gender/sex or sexual orientation, or any other criterion or circumstance protected by applicable law, ordinance, or regulation. The above criteria are intended to be used as a guide only – candidates who do not meet all the above criteria may still be considered if they are deemed to have relevant experience/ equivalent levels of skill or knowledge to fulfil the requirements of the role. Any job offer will be conditional upon and subject to satisfactory reference and background screening checks, all necessary corporate and regulatory approvals or certifications as required from time to time, and entering into definitive contractual documentation satisfactory to Apollo.