Process Associate

Job Summary

Location: Hyderabad

• Responsible for managing end to end Delivery of F&A (GL Accounting AP) activities for a Financial Services Client
• Month end closing activities including GL close, Monthly accruals and P&L Finalization, Financial and Statutory Reporting
• Ensuring timely and accurate completion of all Accounts Payable Activities - Vendor Set up/ Invoice processing / Payments / Query handling
• Accountable for overview and ensuring effectiveness SOX controls
• Ensuring Full Compliance with Contractual requirements of the engagement
• Drive Transformation initiatives and contribute to group Finance Transformation.
• Audit Support - Liaison point for external/ Internal auditors
• Helping and creating organizational and program budgets
• Development and implementation of organizational strategies, policies and practices

Qualifications:

• Qualified accountants- CA / ICWA with 12-16 years Post Qualification experience

Responsibilities

• Ensure timely and accurate delivery AP Deliverables
• Ensure timely and accurate delivery of Month end/ Quarter end Deliverables
• Managing a big team (~100 people, mostly accountants) consisting of multiple sub functions like invoice & payment Processing, vendor set up, Settlement Reconciliation month end closing, Consolidation, Preparation of Financial Statements
• Play a significant role in long-term planning, including an initiative geared towards operational excellence
• Oversee monthly and quarterly assessments and forecasts of organization's financial performance against budget, financial and operational goals. Oversee short and long-term financial and managerial reporting.
• Facilitate Performance Reviews for all existing F&A processes and encourage "Best Practices" for the team.
• Assess training needs for all F&A staff and collaborate with the DRs for the training plan
• Drive strong compliance and Governance framework

Experience

• Experience in Finance & Accounting Operations/Management
• Strong background and work experience in Month End Closing and Accounts Payable functions

Behavioral Competencies

• Leadership capability in leading and engaging with a diverse set of high potential Professionals (mostly CA/CWA)
• Excellent communication skills, both spoken and written
• Adept at managing multiple senior level stakeholders
• Proven strength in driving governance and engagement with multi stakeholders
• Knowledge and experience in organizational effectiveness and operations management implementing best practices.
• Demonstrated leadership and vision in managing staff groups and major projects or initiatives.
• Excellent interpersonal skills and a collaborative management style.
• High comfort level working in a diverse environment and BPO set up

Functional Competencies

Proficiency with IFRS/US GAAP

• Prior Experience in running multiple sets of F&A activities in an Offshore environment
• Prior Experience in running GL Close & Accounts Payable processes would be preferred.

Others:

• Flexible to USA shift hours
• Passport availability & travel on short notice

Selection Procedure:

• Domain assessment (F&A - GL AP)

Interview with senior management

HR Round

Key Responsibilities

Same as above

Skill Requirements

Other Requirements