Senior Finance officer - (AP & AR)

Summary role description:

Hiring for a Senior Finance officer – (AP & AR) for a leading BankTech SaaS Mobile App platform provider.

Company description:

Role details:

• Title / Designation : Senior Finance officer – (AP & AR)
• Reporting Manager: Finance Manager
• Location: Chennai

Role & responsibilities:

• Accounts Receivable:
• Coordinate with customers for approval of Retainer timesheets
• Prepare and issue invoices to customers.
• Monitor and follow up on outstanding receivables.
• Process customer payments and reconcile accounts.
• Handle customer inquiries and resolve billing issues.
• Maintain accurate records of all receivable transactions.
• Collections: Implement and manage effective collection strategies to ensure timely payment of outstanding invoices. Communicate with customers to resolve payment issues and coordinate with project managers and sales managers when necessary.
• Accounts Payable:
• Review and verify vendor invoices.
• Review contractors' invoices to ensure aligned with billed to India customers (Retainer billing)
• Process payments to vendors in a timely manner.
• Reconcile vendor statements and resolve discrepancies.
• Maintain accurate records of all payable transactions.
• Ensure compliance with company policies and procedures.
• Financial Reporting:
• Work closely with sales team, project management, and other cross functional teams to gather relevant information for projects reporting
• Assist in the preparation of monthly, quarterly, and annual financial reports.
• Provide support during audits and financial reviews.
• Prepare and maintain financial documentation and records.
• Compliance and Processes: Ensure compliance to internal controls, policies and procedures.
• Process Improvement:
• Identify opportunities to improve financial processes and procedures.
• Implement best practices to enhance efficiency and accuracy.
• Undertake assignments from time to time

Candidate requirements:

• Bachelor's degree in finance, Accounting, or a related field.
• 5+ years of experience in accounts receivable and accounts payable roles
• Regional finance exposure in the IT/Software industry is a must
• Strong understanding of accounting principles and financial regulations.
• Advanced Microsoft Excel skills
• Proficiency in Microsoft Excel and other MS office applications, and accounting software
• Excellent attention to detail and organizational skills.
• Strong communication and interpersonal skills both in oral and written.
• Ability to work independently and as part of a team.
• Strong analytical skills, passionate, self-initiative, critical mind-set

Selection process:

• Interview with Finance Manager
• Interview with Finance leadership team
• HR Discussions