Revenue Assurance, Invoicing

3 days ago

Navi Mumbai, India Jio Full time

Summary:

Seeking an experienced Finance Professional to handle day-to-day operations in revenue assurance, invoicing, and collections functions. The ideal candidate will have 5-10 years of qualified experience ensuring accurate and timely revenue recognition, undertaking the invoicing process, collections, and ensuring compliance with indirect tax laws and regulations. The role will also be responsible for ensuring that all financial transactions are as per the set company policies, procedures, and legal requirements.


Key Responsibilities:

  • Plan and perform revenue assurance activities for the business, ensuring that revenue is recognized in accordance with accounting standards and company policies
  • Review contracts, capture critical inputs, and highlight clauses that can impact revenue recognition treatment
  • Prepare MIS by revenue streams correctly and completely and assist in identifying potential risks and opportunities

Invoicing:

  • Undertake the invoicing process ensuring that invoices are accurate, timely, and compliant with company policies and indirect tax laws and regulations
  • Collaborate with sales and operations teams to ensure that invoices are issued and processed in a timely manner
  • Manage collections and accounts receivable processes to ensure timely payment

Indirect Taxes/GST Compliance:

  • Ensure compliance with indirect tax laws and regulations, including GST
  • To be aware of the latest changes and potential impact on existing processes and revenues
  • To ensure that the company is not losing out on all available tax credits and benefits
  • Work with internal and external tax advisors and auditors to manage tax audits and provide full support for assessments
  • Set up and maintain effective indirect tax processes and controls

Financial Reporting:

  • Identify KPIs and prepare dashboards to ensure accurate and timely reporting of the various O2C metrics
  • Prepare periodic, monthly, quarterly, and annual statements and reports for submissions to stakeholders as required
  • Work with cross-functional teams for data/MIS and analysis

Team player:

  • Be an individual contributor as well as work cohesively with the team
  • Be a fast learner and look for continuous improvement in ways of working and value-add
  • Foster a culture of continuous learning & and improvement


Qualifications:

  • CA/M.Com/CMA with 5-10 years of experience in finance and accounting roles, preferably in the cloud products industry
  • A clear understanding of revenue recognition principles and practices, including the ability to analyze contracts and transactions
  • Operational knowledge of indirect tax laws and regulations, including GST
  • Good communication skills with operational knowledge of MS Office and Billing/Accounting tools
  • Prefer candidates with previous experience in similar roles in IaaS, SaaS, PaaS, and IT/Cloud-oriented organizations
  • Exposure to engaging with Pvt./Public enterprises
  • Candidate keen to learn and grow in dynamic situations

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