Job Description & Summary:

The individual will be reviewing and managing key tasks to ensure timely and accurate workflow. This role involves extensive analysis and staying updated with firm-related policies and procedures while managing business exceptions. Meeting operational standards by contributing information to strategic plans, reviewing and resolving problems, and identifying system improvements are also key responsibilities.

Responsibilities

Build and maintain effective business relationships with the client, stakeholders, leaders to manage operations efficiently.
Manage transitions and identify new business opportunities.
Identify and review internal controls in management reporting processes to mitigate risks with standardized and improved procedures.
Develop and monitor key performance indicators for team functionality and maintain high standards.
Review client and governance reports and lead operational calls as necessary.
Periodically review the entire function with experienced associates.
Ensure timely compliance and achieve results consistently.
Exercise judgment within defined procedures and policies to determine appropriate actions while managing exceptions.
Improve customer support by handling Level 2 escalations effectively.
Resolve sensitive, confidential issues promptly and in line with established policies.
Implement enhancements to existing processes, recommend improvements, and communicate changes to the business before go-live.
Provide training and contribute to creating a high-performing team through appropriate guidance.
Foster a positive and competitive work environment with positive energy.
Accounts Payable Management:
Oversee vendor invoice receipt, validation, and posting.
Manage payment runs in accordance with the payment schedule.
Ensure timely upload and approval of payment files with banking partners.
Oversee accounting for vendor advances.
Manage staff reimbursement claims and petty cash expenses, ensuring compliance with company policies.
Invoicing and Accounts Receivable Management:
Govern master data for invoicing, including contract/MSA rates and terms.
Manage billing schedules and employee/project tracking.
Supervise manual invoice creation and approval processes.
Oversee collections and track overdue accounts.
Conduct foreign TDS reconciliation.
Accounting and Book Closure:
Manage period-end activities, including journal postings and reconciliations.
Conduct bank, intercompany, and vendor/customer reconciliations.
Calculate forex gains/losses and prepare the trial balance.

Mandatory skill sets

Accounts Payable /Receivable Management

Team Management

Preferredskill Sets

Employee and Vendor Relations:

Years of experience required: 6-8 Years

Education qualification: Mcom/Mba/Pg

IN-Senior Associate_Finance (BEST AP/AR)_BEST Operations_IFS_Gurgaon