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.
- Primary Key Responsibilities (Top KRAs)
- Responsibility of monthly and quarterly UK Rebates and International Trailer Fee payments, adhering to strict CASS regulations
- Maintain a register of key controls relating to Income, including process maps and associated documentation
- Production of monthly accruals: revenue and commissions
- To produce monthly Flash reports for the business explaining the key drivers behind MTM variances
- Reviewing accruals produced by the Income Billing and Control Team
- Review and sign off on invoices produced by the Income Billing and Control Team
- Support the external audit process for areas of responsibility.
- Production of balance sheet items in area of responsibility including intercompany positions
- Support team leadership with additional activities the Revenue Management team is responsible for.
Additional Responsibilities :
- To take ownership of setting up new Funds within the system and ensuring they are correctly accounted for
- Completing a half yearly IMA review for all funds within your remit
- Answering ad-hoc queries in a timely manner from the business
- To be the first point of contact for Audit within your area of specialism
- Assist the wider Income Team in various projects being worked upon
- Seek to develop and improve processes in response to the needs and challenges of the business
- Proactively build relationships and work effectively with Commercial Finance, Middle Office, Front Office Admin teams and other Finance teams within M&G
Key Stakeholder Management
Internal
Finance Teams within the M&G Business
Project Support Teams
External
Third party administrators/data providers
Knowledge, Skills, Experience & Educational Qualification
Knowledge & Skills (Must Have) :
- Attention to detail
- Ability to manage tightly controlled processes
- Excellent planning and organisation skills with the ability to work accurately under pressure
- Strong analytical skills
- Strong interpersonal and communication skills
- Ability to work within a team environment
- Ability to take initiative and manage own workload
- Ability to identify problems and drive to follow them through to resolution
- A strong initiative to improve processes and implement changes to existing ones.
- Understanding of asset management regulatory environment
Knowledge & Skills (Additional) :
- Comfortable using Oracle accounting software or experience of using accounting software packages.
- Fund accounting experience
- Rebate and Trail Commission experience
Educational Qualification:
CA with 3+ years of experience
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.
Skills Required
- Attention to detail
- Ability to manage tightly controlled processes
- Excellent planning and organisation skills, able to work accurately under pressure
- Strong analytical skills
- Strong interpersonal and communication skills
- Ability to work within a team environment
- Ability to take initiative and manage own workload
- Ability to identify problems and drive them through to resolution
- Initiative to improve processes and implement changes
- Understanding of asset management regulatory environment
- CA with 3+ years of experience
- Comfortable using Oracle accounting software or other accounting packages
- Fund accounting experience
- Rebate and trail commission experience
M&G Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&G and has not been reviewed or approved by M&G.
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Retirement Support — Pension support in the UK is presented as notably generous versus typical market norms and is positioned as a core part of total reward. Formal materials also highlight share plans and financial‑wellbeing tools alongside pension value.
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Leave & Time Off Breadth — Annual leave in the UK is described as substantially above statutory norms with the option to purchase additional days. Additional flexibility is referenced through policies such as “Time Off When You Need It.”
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Parental & Family Support — Parental policies (e.g., “Inspiring Families”) are characterized as extensive, including long fully paid leave and phased return‑to‑work support. External recognition is cited as reinforcing family support as a distinctive element of the package.
M&G Insights
What We Do
M&G plc is a leading international savings and investments business, managing money for around 4.6 million individual clients and more than 900 institutional clients in 38 offices worldwide. As at 31 December 2023, we had £343.5 billion of assets under management and administration. Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, M&G plc has a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our three distinct operating segments, Asset Management, Life and Wealth, work together to provide access to balanced, long-term investment and savings solutions.
