Avaso Technology Solutions - Subject Matter Expert - Finance Operations

Title - Subject Matter Expert (SME) - Finance Operations

Department: Finance Operations

Location - Mohali

Summary:

- We are seeking a highly motivated and experienced Subject Matter Expert (SME) to join our Finance Operations team and provide expert-level knowledge and support for our multi-entity financial operations.

- This role will be responsible for overseeing the accounts receivable and payable functions for 46 registered entities across various geographical locations.

- The ideal candidate will possess a deep understanding of accounting principles, a strong track record of managing complex financial processes, and the ability to analyze and interpret financial data to support strategic decision-making.

Responsibilities:

(A) Accounts Receivable & Payable Management:

- Develop and implement efficient processes for managing accounts receivable and payable for entities across diverse geographical locations.

- Oversee the timely collection of receivables and ensure adherence to credit policies.

- Manage and prioritize payments to ensure vendor satisfaction and on-time payments.

- Reconcile bank statements and investigate discrepancies.

(B) General Ledger Reporting & Additional Reporting:

- Prepare accurate and timely general ledger entries for all 46 entities in accordance with GAAP or IFRS.

- Develop and maintain various financial reports, including balance sheets, income statements, and cash flow statements.

- Analyze financial data and prepare ad-hoc reports to support management needs.

(C) Intercompany Transactions:

- Oversee the accurate and timely import of intercompany transactions for all entities.

- Analyse intercompany transactions to identify and resolve any discrepancies.

- Manage intercompany agreements, ensuring they are up-to-date and reflect current business practices.

- Assist with the preparation of intercompany reconciliations.

(D) Journal Management & Recordkeeping:

- Review and approve journal entries for accuracy and completeness.

- Ensure the integrity and proper maintenance of all financial records for all entities.

- Develop and maintain strong internal controls to safeguard financial assets.

Qualifications & Skills required:

- Minimum of 5 years of experience in a finance operations role with a focus on multi-entity accounting.

- Educational Qualification: MBA, M. com, BBA, B.com MS Office - Outlook, Advance Excel, word, PPT

- Complete understanding of accounting & financial operations

- SAP FICO

- Proven experience in managing accounts receivable and payable functions.

- Knowledge of GAAP or IFRS accounting principles.

- Strong analytical and problem-solving skills.

- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams