Financial Operations Specialist
2 days ago
Xeno Private Limited is a fast-growing AI-driven CRM company that enables large D2C brands and retailers to engage their customers across eCommerce & stores. We have an impressive portfolio of big brands, including Tommy Hilfiger, CK, Jack & Jones, Levis, Taco Bell, Barbeque Nation, and many more.
We've experienced a 7x growth in the number of brands using Xeno over the last year, thanks to our digital retail wave. This role is ideal for you if:
- You're looking to grow as a finance professional in a dynamic technology company where we not only help each other improve at work but also become better people.
- You're numbers and system driven, with a passion for accuracy and precision.
- You enjoy working with customers and internal teams to drive results and succeed together.
- You're motivated to achieve excellence and push beyond your limits to deliver exceptional outcomes.
- You're curious about how technology works and always eager to learn new software tools for finance and process building.
As a Financial Operations Specialist, you will be responsible for managing accounting, receivable management, and other financial operations in our Accounting & Finance department. Your key responsibilities will include:
- Managing day-to-day accounting in Zoho books, including updating transactions and performing reconciliations.
- Preparing and sending invoices to customers, following up on timely collections, and handling other receivable tasks.
- Accurately applying payments to customer accounts based on provided information, invoices, and remittance advice.
- Daily reconciliation of cash receipts, bank deposits, and customer accounts to ensure accuracy and completeness.
- Investigating and resolving discrepancies between payment amounts, customer records, and invoices.
- Collaborating with internal stakeholders, including sales and customer service teams, to address payment-related inquiries and resolve customer issues.
- Identifying and escalating any potential issues or irregularities in cash transactions to the appropriate department.
- Preparing regular cash application reports, bank reconciliations, and other financial reports as needed.
- Working with vendors and internal teams to ensure proper billing by the vendor.
- Maintaining accurate records of all transactions, including updating customer accounts, vendor accounts, and preparing related reports.
- Assisting with month-end and year-end closing activities related to books of accounts in accordance with general accounting processes.
- Staying updated on industry trends, best practices, and regulatory requirements related to cash application and financial transactions.
- Withholding customer agreements and masters for billing.
- Helping build new financial systems by working closely with management and customer teams.
To succeed in this role, you'll need:
- A minimum of 3-4 years' experience in managing accounting and receivable operations in growing companies.
- A Bachelor's degree in Accounting, Finance, or a related field.
- Proven work experience as a Cash Application Specialist, Accounts Receivable Clerk, or in a similar role.
- Strong understanding of accounting principles and financial processes.
- Proficiency in using financial software and tools, such as Zoho books, MS Excel, Google Suite.
- Excellent attention to detail and accuracy in data entry and record keeping.
- Strong analytical and problem-solving skills.
- Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams and interact with customers.
- Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
- Knowledge of relevant regulations and compliance standards related to cash application and financial transactions (a plus).
We're a young and motivated team that loves to work and party hard. We offer:
- A competitive salary range: ₹12,00,000 - ₹15,00,000 per annum.
- Health insurance for you.
- Multiple avenues for learning and development.
- The opportunity to build the finance function from its foundation.
- A 120% growth rate in the last 8 months, with no signs of slowing down
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