Manager – Financial Operations
1 week ago
Company Name VARITE India Private Limited About The Client The client is a global leader and pioneer in contingent workforce management The industry-leading Integrated Workforce Management IWM platform is supported by 30 years of innovation modern software proven expertise and world-class data and intelligence It enables companies to optimize talent and diversity goals while achieving operational and financial success With this client companies can adapt quickly to the evolution of work to grow their extended workforce with greater agility transparency and speed About The Job As the Financial Operations Manager you will be responsible for leading and overseeing the financial operations team ensuring the timely and accurate delivery of all financial services Your role will involve managing end-to-end processes related to invoicing accounts receivable and reconciliations while continuously driving improvements in operational efficiency and client satisfaction You will mentor guide and develop a team of analysts to deliver high-quality financial solutions and support business goals effectively Essential Job Functions Team Leadership Collaboration Lead and manage the Financial Operations team ensuring they meet performance goals maintain quality standards and support the timely completion of all deliverables Partner with cross-functional teams including finance client services and operations to address and resolve issues ensuring operational objectives are consistently met Serve as the key point of contact for team members providing guidance and support for their daily tasks and professional development Strategic Oversight of Financial Operations Oversee the end-to-end accounts receivable process ensuring the team processes invoices accurately and efficiently while adhering to client agreements and internal policies Monitor outstanding invoices proactively follow up with clients and ensure the timely collection of payments Manage the reconciliation process between VMS and ERP systems PeopleSoft ensuring data integrity and resolving discrepancies as they arise Lead the preparation of financial reports including aging reports and outstanding payment reports and present findings to senior management Process Improvement Operational Efficiency Drive the continuous improvement of financial operations by identifying opportunities to streamline processes reduce manual effort and enhance accuracy Collaborate with senior leaders to develop and implement strategies that improve operational efficiency optimize workflows and support future business growth Evaluate existing procedures and implement best practices to ensure robust financial controls scalability and long-term sustainability Client Relationship Management Act as a liaison with clients to address billing inquiries resolve discrepancies and manage disputes ensuring a positive client experience Develop and maintain strong relationships with key stakeholders working proactively to prevent issues and ensuring client satisfaction Oversee the development and delivery of clear concise process documentation and governance standards for clients ensuring compliance with KPIs and service level agreements Financial Reporting Analysis Lead the preparation of monthly quarterly and year-end financial reports including detailed analysis of accounts receivable collection trends and overdue balances Provide insights to leadership on ways to improve cash flow reduce overdue balances and enhance the efficiency of collection processes Oversee month-end and year-end closing activities ensuring accurate and timely reporting in accordance with accounting standards Cross-Functional Collaboration Mentorship Mentor and develop Financial Operations Analysts ensuring their professional growth while optimizing their performance and daily processes Foster a collaborative environment where team members can share knowledge identify challenges and work together to solve complex issues Collaborate with internal stakeholders to support key initiatives identifying process inefficiencies and working to develop and implement solutions Client Deliverables Troubleshooting Oversee and guide the team in troubleshooting and resolving client application issues ensuring that Magnit and client applications are aligned and deliverables are met Ensure excellent customer service and prompt issue resolution for internal teams and external clients maintaining a high level of client satisfaction Governance Compliance Take ownership of developing and managing client-facing process documentation ensuring it is aligned with company governance policies and performance metrics Regularly assess and update procedures and documentation to reflect changes in business requirements ensuring compliance with both internal and external regulations Lead efforts to track and report on Key Performance Indicators KPIs working with leadership to ensure the team meets or exceeds performance goals Qualifications Bachelor s degree in Finance Accounting or related field MBA or relevant certification preferred Proven experience in financial operations with at least 8 years in an analytical or management role preferably within a fast-paced service-oriented environment In-depth knowledge of Vendor Management Systems VMS ERP systems PeopleSoft and advanced Excel Strong leadership and team management skills with the ability to guide and motivate staff to meet operational and client service objectives Excellent analytical organizational and problem-solving abilities with a keen eye for detail Strong communication and interpersonal skills with the ability to interact effectively with clients cross-functional teams and senior management Ability to drive process improvements and implement strategic initiatives that align with business goals Key Competencies Leadership Team Management Financial Analysis Reporting Process Optimization Efficiency Client Relationship Management Cross-Functional Collaboration Billing Reconciliation Expertise Problem-Solving Troubleshooting Governance Compliance Management Strategic Thinking Process Innovation How to Apply Interested candidates are encouraged to respond submit their updated resumes and for additional job opportunities please visit Unlock Rewards Refer Candidates and Earn If you re not available or interested in this opportunity please pass this along to anyone in your network who might be a good fit and interested in our open positions VARITE offers a Candidate Referral program where you ll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE Experience Level Bonus Referral 0-2 years INR 5 000 2-6 years INR 7 500 6 years INR 10 000 About VARITE VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA UK CANADA and INDIA VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking Cloud Infrastructure Hardware and Software Digital Marketing and Media Solutions Clinical Diagnostics Utilities Gaming and Entertainment and Financial Services Equal Opportunity Employer VARITE is an equal opportunity employer We celebrate diversity and are committed to creating an inclusive environment for all employees We do not discriminate on the basis of race color religion sex sexual orientation gender identity or expression national origin age marital status veteran status or disability status
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