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
