Revenue Assurance Specialist

21 hours ago

Bengaluru, Karnataka, India beBeeAccountability Full time ₹ 90,00,000 - ₹ 1,20,00,000
Revenue Assurance Role

The Finance function plays a vital role in our successful business by creating a team that is best in class and sets new benchmarks, while also understanding the importance of teamwork.

Key Responsibilities:
  • Ensure timely closure of activities related to revenue recognition and accounts receivable with utmost accuracy.
  • Monthly books closure activities including reporting of Revenue, Receivables, and other Management Information Systems.
  • Manage end-to-end order processing including order validation, billing accuracy, and coordination with supply chain teams to ensure timely fulfilment.
  • Review of receivables management, ensuring timely collection, dispute resolution by coordinating with internal and external stakeholders.
  • Prepare periodic reports including aging analysis, Days Sales Outstanding (DSO) trends, and collection forecasts for management review.
  • Developing relationships with banks and payment gateways for latest functionalities at competitive costs.
  • Coordinate, review and provide support through appropriate inputs to the reporting teams for the monthly/quarterly and yearly MIS reporting.
  • Coordination with statutory and tax auditors.
  • Revenue variance analysis and tracking Plan vs. Actuals.
  • Liaise with third-party accounting, tax service providers and other consultants on local regulatory/accounting/audit compliances.
  • Work with onshore and offshore finance team reporting within the Biocon Biologics group, to monitor all transactions and ensure the smooth running of day-to-day accounting operations.
  • Develop and maintain sound internal control systems in finance reporting processes.
  • Contribute to process improvement initiatives, automation efforts, and best practice sharing within and outside the Order-to-Cash (O2C) function.
Requirements:
  • 1+ years of experience.
  • Chartered Accountant qualification.
  • Hands-on experience with SAP will be an added advantage.
  • Ability to understand and effectively apply technical accounting guidance for Revenue and AR Accounting.
  • Excellent analytical skills.
  • Stakeholder management.
  • Proficient in MS Excel and PowerPoint.
  • Excellent Communication Skills (Written & Oral) and Networking skills.
  • Flexibility & open mind to look at dynamic and ever-changing business environment and needs.
  • Time management & ability to prioritize work / Multitasking.
  • Strong command over accounting.
  • Result oriented.
Benefits:
  • Opportunity to work with a successful business.
  • Chance to develop skills and knowledge.
  • Collaborative work environment.
Others:
  • Must be result-oriented and have excellent analytical skills.
  • Should be able to communicate effectively and work well in a team.
  • Must have strong problem-solving skills and be able to prioritize tasks efficiently.
  • Should be proficient in MS Office Suite and have good knowledge of accounting principles.

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