Associate, Financial Process Service

2 weeks ago


Pune, Maharashtra, India TresVista Full time
Job Description

About the Department:

Financial Process Services (FPS) is a vertical of TresVista that works with major clients in the spectrum of the financial services industry. FPS caters to their needs related to accounting & financial data extraction and spreading and enables holistic view based on summarized data & information which is consumed at various levels and by finance professionals. Exposure to processes related to core finance and accounting clubbed with innovative techniques and software adds value to the professional growth of aspirants looking for a career in the finance industry.

Key Role Deliverables:

Leading project requests, guiding Analysts on execution and ensuring their output is client-ready Reviewing the Analysts work for accuracy and consistency in the categorization of line items, journal entries, invoice processing, and another project-related deliverable

Handholding team on complex projects and ensuring adherence to project deadlines and quality standards

Maximizing team productivity and ensuring communication guidelines and timelines (TAT) are adhered

Operational Responsibilities:

Training Analysts in spreading financial statements in the client database

Reading and interpreting information from notes / schedules accompanying financial statements Working on developing Analysts concept clarity and ability to interpret financial data

Calls & Emails for collecting pass due amount

Understanding of DSO

Timely application of cash

Collating financial information and KPIs from broker reports, management call transcripts, and news articles

Overseeing journal entries, PO requisitions, vendor creations, and payment reconciliations

Managing Non-PO & PO invoices and paying invoices within TAT

Managing T&E payments

Creating monthly / ad-hoc reports

Managing Fixed Asset: Accounting, and reporting of organizations fixed assets

Ensure accurate capitalization, asset disposal, impairment testing, and depreciation calculations

Proactively managing client communication and serving as a point of contact for clients

Team Management:

Goal setting and performance review of direct reports. Able to deliver timely and balanced performance feedback

Auditing of team timesheet, tracker for completeness and correctness

Identify training needs and provide training, coaching, and mentoring where appropriate

Recruiting and retaining the highest quality talent into the team

Instituting knowledge sharing / best practice sharing forums

Preparing periodic performance, utilization, and efficiency reporting packages to discuss with the line manager

Prerequisites:

Proficient with the English language and excellent communication and interpersonal skill

Sound knowledge of accounting concepts; well versed with financial terms

Experienced in either financial statement analysis or AP/OTC/RTR process

Thrives to work in a challenging environment and has a flexible mindset and adaptability to manage client deadlines

Attention to detail

Strive to achieve excellence

Experience:

Minimum 4-7 years of working experience in P2P, O2C or R2R verticals

Education:

Any graduate / MBA with finance specialization

Compensation:

The compensation structure will be as per industry standards

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