US Accounts Executive

Company Description

Devfi is a digital technology company based in Hyderabad, specializing in delivering innovative and affordable technology solutions to startups and enterprises. We assist our clients in formulating strategies, developing products and services, and providing post-release support and maintenance to help them succeed in the digital era. Leveraging new-age technologies like AI, Machine Learning, and Cloud, we offer development, consulting, and talent assessment services to drive business transformations.

Job Summary:

This is a full-time on-site role for a US Accounts Executive at Devfi in Hyderabad and who can support EST hours. The US Accounts Executive will play a crucial role in managing client accounts with a focus on payroll systems, QuickBooks, and various employment types (C2C, W2, and 1099). This role requires a strategic professional with a strong background in payroll management and accounting software, who can effectively handle diverse client needs and ensure smooth financial operations.

Responsibilities:

Manage all day-to-day bookkeeping and accounting processes, including A/P, A/R, payroll, journal entries, and bank reconciliation in QuickBooks.

Generate Invoices for all the clients.

Post all credit card expenses with proper GL allocation and invoices

Prepare Weekly / Bi-weekly timesheet for payroll.

Match A/R aging & match the customer ledger balances.

Manage and oversee the daily operations of the accounting department.

Coordinating with the Customers for payment related issues.

Answering Client questions related to Invoices, Net terms, and Net term deductions.

Marinating the data of check received and online payments and applying the same in Quick Books.

Preparation of employee W2/1099 accounts/Balance sheets.

Preparing the payroll sheet with their time hours and billable rate and along with their percentage of payment.

Reconciliation of payments made to insurance companies and deductions made from the consultants payroll calculations.

Reconciliation of Customer payments.