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.

Accountable for delivering a quality service and product to customers and stakeholders

Focuses on quality of delivery to achieve clear outputs within guidelines and precedent

Runs the organisation's processes and systems following pre-defined procedures

Adapts to change, responds with initiative and make suggestions for improvements to own work and processes

Key responsibilities

• Completion of daily and monthly bank reconciliations
• Maintenance of accurate accounting records
• Adherence to CASS rules through monitoring and reconciliation of Client Money accounts
• Oversight of Client Money reconciliations completed by third party administrators
• Production of monthly Client Money and Asset Return to FCA
• Cash balance monitoring and reporting in accordance with internal policies
• Management of foreign currency balances
• Collation and input of electronic bank transfers through the relevant banking systems
• Administration of new bank account set-ups
• Maintain signatories and mandates of existing bank accounts
• Knowledge of the cash flows around the Group and their relation to business changes

Key knowledge, skills & experience:

• Knowledge of client money rules an advantage
• Experience in a financial background including reconciliations
• Ability to work under ones own initiative
• Good planning and organisational skills
• Excellent attention to detail
• Good communication skills
• A flexible and adaptable approach
• Build good relationships internally and externally
• Ability to work within a team environment

Effective problem solving skills

Client and delivery focussed

Maintain own professional competence

Has good technical ability

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.

Location: Mumbai

Time Type: Full time