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Finance Associate

2 weeks ago


Chennai, Tamil Nadu, India Equiniti Full time US$ 50,000 - US$ 1,00,000 per year

Management Level

I

Business Division: Group Finance

Business Function / Department: Finance Shared Service

Job Title: Finance Associate

Reporting to (Job Title): Manager

Date: 04/07/2025

Equiniti is a leading international provider of shareholder, pension, remediation, and credit technology. With over 6000 employees, it supports 37 million people in 120 countries.

EQ India began its operations in 2014 as a Global India Captive Centre for Equiniti, a leading fintech company specialising in shareholder management. Within a decade, EQ India strengthened its operations and transformed from being a capability centre to a Global Competency Centre, to support EQ's growth story worldwide.

Capitalising on India's strong reputation as a global talent hub for IT / ITES, EQ India has structured the organisation to be a part of this growth story. Today, EQ India has evolved as an indispensable part of EQ Group providing critical fintech services to the US and UK.

EQ's vision is to be the leading global share registrar, offering complementary services to its client base and our values set the core foundations to our success. We are TRUSTED to deliver on our commitments, COMMERCIAL in building long term value, COLLABORATIVE in our approach and we IMPROVE by continually enhancing our skills and services. There has never been a better time to join EQ.

Role Summary

Give a brief summary, in paragraph format, of how the role fits into the department and Equiniti. Key responsibilities and success measures.

Core Duties/Responsibilities

Detail the day to day responsibilities and key outputs of the role starting with the most important/most frequent – where possible identify likely volumes, SLAs and KPIs. Should be no more than 8 bullet points)

  • To provide a professional Order to Cash Service from the SSC.
  • Manage and apply the customer payments.
  • Ability to identify the problematic accounts and aged balances.
  • Monitoring the outstanding receivables and proper communication with the customers to minimise liabilities.
  • Reconciliation of customers statements.
  • Monitor, investigate the reasons for unallocated cash and match to the appropriate invoices.
  • Handling the generic mailbox and action queries.
  • Establish relationships with billing team and credit controllers to ensure accurate and timely allocation of customer payments.

Skills, Capabilities and Attributes

The successful candidate will demonstrate the following experience, skills and behaviours:

Detail with bullet points (not in a table) the experience, capabilities, behaviours & skills/attributes (plus education or qualifications if critical to the role) that will be required to perform the role. Only list the key ones, should not be an exhaustive list

Key Responsibilities:

  • Identify the client receipts from the bank statement and allocate against the open invoices.
  • Work with bank rec team to clear the unreconciled items every week.
  • Update the disputes against open invoices, if any, in Highradius portal.
  • Investigate the reasons for unapplied or unallocated cash and reduce the credits sits in the client ledger.
  • Research and clear the balance sits in the Escheatment reserve account.

Qualification / skills required:

MBA Finance/Bachelor

  • 's degree in commerce from an accredited university.

Benefits:

Being a permanent member of the team at EQ you will be rewarded by our company benefits, these are just a few of what is on offer:

3 days of additional leaves on & above statutory requirement along with 2 days of voluntary leaves to pursue the CSR initiatives

  • Business related certification expense reimbursement
  • Comprehensive Medical Assurance coverage for dependents & Parents
  • Cab transport for staff working in UK & US shift
  • Accidental & Life cover 3 times of concerned CTC

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships. Please note any offer of employment is subject to satisfactory pre-employment screening checks.