Azentio - Manager - Revenue Recognition & Accounts Receivable
1 month ago
About Azentio:
Leading Banking, Financial Services & Insurance software company focused on Asia Pacific, Middle East and Africa. Headquartered in Singapore, 2000+ team members, serving more than 800 customers across 65 counties.
Deep domain and tech expertise across Banking, Insurance, and other Financial Services with 8 global delivery entities and growing. At Azentio, we believe that growth is a continuous journey.
We believe that each step of this journey has to be taken by committing to excellence. Excellence in our products, our services, our ideas and our people. Azentio offers a comprehensive range of products - sieving core operations to modern digital needs - for the financial services industry.
Our deep domain knowledge and solutions in financial services extend across insurance, retail and corporate lending, anti-money laundering and asset management. We are committed to transform and service our clients' business operations through innovation and excellence.
In addition, Azentio proudly serves mid-market enterprises across the Middle East, Africa, Asia Pacific and India with a comprehensive ERP solution. Azentio was set-up in 2020, post a cave-out from 3i Infotech, a global information technology company. Azentio Software Private Limited is wholly owned by the Funds advised by Apax. Azentio is headquartered in Singapore, with legal entities across APAC, India, Middle East and Africa. In addition, Azentio has legal entities in the UK and US.
Purpose of your role:
- The candidate will be responsible for reviewing the customer contracts, identifying the payment and revenue milestones, ensuring the correct and complete revenue recognition in the reporting period, ensuring the timely closure of revenue on monthly basis, closure of audit for revenue and AR with Big4 for all Group entities.
- This role will also require interaction and dialogue with other department/ stakeholder to complete their task smoothly within and outside finance.
- He should have the ability to quickly and accurately supply the required information.
- Candidate should be self motivated and go-getter.
- He/She should be able to manage the team of 3-6 people.
Your key accountabilities:
- Reviewing of customer contracts and prepare a summary of the same to identify the billing and collection milestones, taxes etc.
- Validation and tracking projects, business plans and commercial strategies for maximizing profitability and revenue generation in line with corporate goals,
- Ensuring the calculation and recognition of revenue in the correct reporting period at correct value,
- Ensuring the closure of monthly revenue reporting on time alongwth schedules - Working day 3,
- Ensuring the invoicing within agreed TAT,
- Getting the audit done from Internal and External auditor for Revenue and AR related area,
- Liaison with business teams to get the inputs,
- Ensuring revenue accounting on timely basis,
- Tracking and improving the DSO,
- Tracking of AMC revenue, invoicing and expiry of contracts,
- Ensuring the correct cost capturing in POC workings,
- Ensuring the correct recording of time sheets and cost in the ERP,
- Preparation and Maintenance of Revenue, Unearned and AR schedules.
- Review the accounting entries and approve the same on timely basis.
Your skills and experience:
- CA with a experience of 6+ years,
- Experience of getting the audit done from big 4 firms will be an added advantage,
- Candidate should have an exposure of working with Industry/ Corporates.
- Sound knowledge of revenue recognitions concepts,
- Strong working experience on Microsoft Excel,
- Good verbal and written business English communication skills,
- SAP/Netsuite working exposure is an additional advantage.
Personal Attributes & Experience:
- Inspire and collaborate - Inspires others to stretch beyond their capability and acknowledges their efforts and accomplishments,
- Decision Making - Empower local reports to make important decisions appropriate to their level,
- Execution - Ability to adapt and redirect priorities and goals in response to changes in business requirements,
- Collaboration - Ability to coordinate across functions in particular with Accounts, Finance, Consulting team to address issues and optimise his and their team performance.
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Mumbai, India Azentio Software Full timeAzentio Software Private Limited ("Azentio") is a leading Banking, Financial Services and Insurance software company focused on Asia Pacific, Middle East and Africa. The company commenced its business operations on 1st April 2021 and has acquired businesses from 3i Infotech Limited, Automated Workflow Private Limited, Path Solutions and Beyontec 2nable...
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Mumbai, India Azentio Software Full timeAzentio Software Private Limited ("Azentio") is a leading Banking, Financial Services and Insurance software company focused on Asia Pacific, Middle East and Africa. The company commenced its business operations on 1st April 2021 and has acquired businesses from 3i Infotech Limited, Automated Workflow Private Limited, Path Solutions and Beyontec 2nable...
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Mumbai, India Azentio Software Pvt Ltd Full timeAbout the job:This job is sourced from a job board. Learn More:Azentio Software Private Limited ("Azentio") is a leading Banking, Financial Services and Insurance software company focused on Asia Pacific, Middle East and Africa. The company commenced its business operations on 1st April 2021 and has acquired businesses from 3i Infotech Limited, Automated...
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Mumbai, India Azentio Software Pvt Ltd Full timeAbout the job:This job is sourced from a job board. Learn More:Azentio Software Private Limited ("Azentio") is a leading Banking, Financial Services and Insurance software company focused on Asia Pacific, Middle East and Africa. The company commenced its business operations on 1st April 2021 and has acquired businesses from 3i Infotech Limited, Automated...
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navi mumbai, India Azentio Software Full timeJob Description The Company Azentio Software incorporated in 2020 at Singapore, has been carved out of 3i Infotech, Candela Labs, Beyontec Technologies and Path Solutions. Azentio Software provides mission critical, vertical-specific software products for customers in banking, financial services and insurance verticals and includes key products such as...
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