Senior Vice President, Distribution Financial Controls — Revenue and Settlement Integrity

The mandate

A financial-services distribution network earns different forms of commission and service income through product-provider and channel arrangements. Financial control receives settlement statements and operational reports that appear reconciled, but adjustment reasons and eligibility evidence do not consistently survive the journey into recognised revenue. The Senior Vice President will own control of those source-to-finance interfaces, establishing which records support the financial claim and who can authorise its alteration.

The role is concerned with the quality of a revenue and settlement conclusion, not merely elimination of unmatched items. A payment can arrive before the service is financially earned, an expected commission can be cancelled after a qualifying event changes and a settlement netting can conceal an obligation to another party. Provider and commercial owners must supply the relevant facts and qualified interpretations. Finance will apply the accepted accounting method with a clear record of the evidence and unresolved conditions.

Twenty-one practitioners will operate a control framework that distinguishes source omission, eligibility dispute, timing difference and authorised adjustment. The SVP will investigate material recurring exceptions and identify where an upstream decision has been converted into a finance entry without adequate authority. Source data changes require visible lineage; removing an item from an exception queue is not evidence that its financial consequence has been resolved. Operational owners remain accountable for the source processes and the correction of their facts.

Within delegation, the Senior Vice President determines financial-control standards, prioritises investigations and approves routine adjustments supported by the accepted method. Material revenue-policy changes, exceptional concessions and unresolved significant obligations go to the Finance Chief or controls committee. Commercial leaders own provider agreements, compliance officers own distribution obligations and technology owners maintain systems. The SVP cannot change product suitability rules, settle a legal dispute or repurpose money owed to another party as operating income.

This open-ended permanent appointment begins with a twenty-four-month programme to establish source traceability, exception governance and independent review capability across major channels. The first year must give leaders an intelligible view of revenue whose supporting conditions remain uncertain. The second embeds upstream feedback and practitioner development so finance does not repeatedly repair the same missing evidence. Continuing responsibility then maintains the control as providers, commission arrangements and distribution channels change.

What you will own

• Establish a source-to-finance evidence map for material commission streams, recording eligibility facts, settlement inputs and adjustment authority so an accepted balance has an inspectable basis beyond matched totals.
• Decide financial-exception priorities through value, recurrence and uncertain obligation, focusing experienced reviewers on unsupported conclusions instead of treating every unmatched item as an equivalent processing defect.
• Govern adjustment approvals with reason, source record and independent review, preventing queue clearance or a provider's unexplained netting from becoming automatic permission to change recognised income.
• Challenge settlement representations where received cash, earned revenue and amounts owed to others diverge, obtaining the specialist or commercial evidence needed before the financial treatment is accepted.
• Build upstream feedback with channel and provider-data owners, identifying repeated eligibility or source defects and testing whether their correction genuinely changes the finance exception pattern.
• Present revenue-quality and unresolved-obligation reviews to the controls committee, making conditional financial positions visible even when headline commercial growth and receipt levels remain attractive.
• Develop the twenty-one-person control group through sampled disputes and source-change reviews, strengthening independent judgement and the ability to maintain traceable financial decisions across channel turnover.

Candidate qualifications

• Demonstrate senior financial-control, revenue assurance or controllership leadership in financial services or a comparable distribution environment. Describe a revenue or settlement conclusion that looked reconciled but lacked adequate source support, the evidence you inspected and the financial decision changed. The role requires personally accountable control judgement rather than familiarity with reconciliation dashboards whose underlying classification and approval were owned by others.
• Bring detailed understanding of accounting evidence, balance reconciliation and financial adjustment control. Explain how you distinguished received cash, earned income and a possible obligation to another party in a material case. You must obtain qualified accounting, commercial or legal input when needed, maintain a clear accepted method and avoid assuming that a provider statement resolves every condition governing the entity's revenue claim.
• Show a practical method for recurring exceptions and source integrity, including population completeness, reason classification and controlled changes. Give a case where repeated queue clearance concealed an upstream defect, how you located its owner and what subsequent evidence established improvement. The expectation is a usable control framework with independent review and a clear route to the qualified owner when a source or eligibility interpretation requires specialist judgement.
• Establish sustained team leadership and constructive influence across finance, operations and commercial stakeholders. Provide an adjustment or financial-exception decision you defended under pressure for faster reporting, the authority respected and the unresolved condition retained transparently. Develop reviewers who can reproduce the reasoning and recognise specialist boundaries, keeping product eligibility, customer suitability and formal dispute settlement with their authorised owners.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 15 October 2026. Mandate reference CVU-PER-2026-IND-088.