Specialist, Talent Aquisition at GE Capital, SBI GE JV
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SBICAP Securities - Sr Manager - AR Operations (6-7 yrs)
About Us - SBI Cards and Payment Services Pvt. Limited (SBICPSL) is a 40:60 Joint Venture between GE Capital Corporation, USA and State Bank of India. SBICPSL is engaged in the Business of issuing credit cards.
Role Summary/Purpose - Lead the team responsible for Revenue & AR Operations. The position will be as Senior Manager - AR Operations.
Essential Responsibilities
Operational Accounting :-
- Lead the team for managing and ensuring the timely and accurate accounting for all Revenue related activities e.g daily settlement accounting for VISA/Master Card, Vision Plus to Oracle Interface, raising invoices through Oracle AR module etc.
- Coordination with IT teams and other functions with respect to Vision plus and related processes
- Constantly looking for improvement opportunities and taking initiatives towards simplifications & automations of processes,
- Constantly working with other functions on the projects/new initiatives/change managements which impacts the financials, testing the impact and ensuring the effective controls are build up during development,
Closing Activities :-
- Managing, reviewing and ensuring timely and accurate financial closing for Revenue & Account Receivables, accruals/provisioning & loss accounting under IGAAP & USGAAP,
- Ensuring timely and accurate reporting and MIS to internal and external stakeholders like RBI, VISA, Master Card, SBI, GE etc.
Reconciliation :-
- Managing & ensuring reconciliation related to AR Operations like B/S Accounts, Income recognition between Oracle GL and Sub-System (Vision Plus),
- Ensuring timely submission of reconciliations with all the backups to support reconciliations,
- Actively collaboration with all the business functions/stakeholders to ensuring Timely closure of all the open reconciliation items,
Audits :-
- Taking care of all the requirements related to Revenue & AR shop from all Auditors (Statutory, Internal, RBI, CAG ),
- Ensuring timely audit closure with NIL audit observations,
Qualifications/Requirements - CA with 6 - 7 years’ experience in Controllership Processes, preferably in Revenue Accounting & Recognition as per USGAAP & IGAAP in ERP/Automated environment, in large company or Multinational Companies
- Experience of managing a team and ability to work effectively with cross functional teams and within prescribed time constraints,
- High process orientation with intense desire to ensure no process lapses/gaps,
- Proactive to avoid any surprises either by eliminating the same in time or reporting/escalating the same to all the concerned stakeholders,
Desired Characteristics
- Experience of Oracle ERP and other integrated Systems/Subsystems,
- Strong analytical skill, Self-starter, keen learner, team worker and collaborative,
- Good at taking new initiatives for simplifications & automation of processes,
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