Senior Financial Operations Specialist
1 week ago
Financial Operations Specialist
About the Role:This role involves working in a hybrid model with a shift of 6AM-3PM IST. The ideal candidate will have a Bachelor's degree in Accounting, Finance or related field.
Key Responsibilities:- Accounts Receivable:
- Generate customer invoices accurately and in timely manner.
- Monitor accounts receivable aging and follow up on outstanding payments.
- Reconcile customer accounts and resolve billing discrepancies.
- Collaborate with sales and customer service teams to address customer inquiries and issues.
- Process customer payments apply cash receipts and maintain accurate records.
- Support cash flow forecasting by providing timely AR collection status.
- Collaborate with finance team to identify doubtful debts and prepare provisions.
- Accounts Payable:
- Process invoices accurately and timely verifying appropriate approvals and coding.
- Reconcile vendor statements and resolve discrepancies in timely manner.
- Coordinate with procurement team to ensure timely receipt of goods and services.
- Monitor vendor payment terms to optimize working capital.
- Creation vendor master management new vendor creation changes and compliance checks.
- Prepare and process payments including checks ACH payments and wire transfers.
- Maintain accurate records of accounts payable transactions and documentation.
- Financial Reporting and Analysis:
- Assist in month-end and year-end close processes related to accounts payable and receivable.
- Prepare financial reports and analysis on payables/receivables aging cash flow and other relevant metrics.
- Support internal and external audits by providing necessary documentation and explanations.
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