Sundaram BPO arm to hire over 100 professionals in Chennai

Sundaram Business Services (SBS), the BPO arm of Sundaram Finance, today said it will hire over 100 accounting professionals at its Chennai facility within 6-9 months.

Over 100 accounting professionals, especially ICWA Inter qualified, will be hired to service the overseas customer base, SBS said in a statement.

Currently, it has over 400 accounting professionals working on its overseas business.

Over a period of time, some of the new hires could potentially have the opportunity to work onsite on process migration, in Australia or other locations, it said.

"We are currently on a nice growth trajectory in the Australian market and are targeting to double our business from Australia over the next three years," SBS Chief Executive Officer Rajesh Venkat said.

The hiring of niche accounting professionals is in line with this strong growth that the company aims to achieve in the accounting space in Australia, he added.

SBS has 50 overseas customers, predominantly in the fund accounting space, in Australia.

The Australian market contributes to over 50 per cent of the company's overall BPO business.

SBS is looking to expand its base in Australia both by expanding its engagement with existing customers as well as by acquiring new customers.

For its Australian customers, SBS provides back office services in the areas of pension fund administration, accounting, lending, portfolio management and hospitality.

Founded in 2001, SBS focuses on geographies like Asia, Australia, the UK and the US.

It provides contact centre support and back-office support services to NBFC, wealth management, insurance and healthcare verticals and also caters to finance, accounting & payroll horizontals.

In India, SBS has BPO facilities in Chennai and Mumbai servicing both the domestic and overseas business.