Director - Accounts Payable - Financial Services

Industry - Financial Services

Job Type - Permanent

Job Description - Be a part of the fastest growing investment bank and join them for great growth opportunities as well as responsibilities. Great work life balance within a results driven environment

Client Details

Our client is a leading financial services organization with a well-established captive setup in Pune

Description

- Compiles amounts owed by the company to vendors, suppliers, or other organizations/individuals. Communicates with vendors to resolve and reconcile discrepancies.

- Matches invoice to purchase orders and ensures expenses are properly approved prior to being entered in the system.

- Applies invoices and expenses to proper general ledger accounts and cost centers. Posts and reconciles batches as appropriate.

- Arranges payments on weekly basis based on due dates. Organises supporting documentation for weekly AP check signing and wires. Collates checks for mailing.

- Maintains all payment or other transaction records. Post payment activity to the general ledger. Files supporting documentation in organized manner in ERP.

- Processes and verifies applications for credit.

- Perform daily application of cash receipts and reconciles payments received with customer accounts. Identifies charge-backs for further investigation and coordinates with the customer service department for resolution.

- Tracks all delinquent accounts and credit risks. Follows up on collection efforts. Prepares ageing reports and meet regularly with management team on status of past due accounts.

- Performs tasks and activities in the accounts payable/receivable function

- Processes and posts credit card payments and related expenses

- Reconcile AP and AR sub-ledger to general ledger.

- Partners with financial and accounting team and supports the monthly close process. Identifies invoices post AP close process for accrual at month end.

- Provide support for annual external audit related activities

- Various other administrative duties and special projects assigned by management

Profile

- Bachelors degree or its equivalent and at least 12+ years of directly related experience.

- Familiar with standard accounting concepts and A/R and A/P practices and procedures.

- Good communication skills with both internal and external customers

- Good working knowledge of Excel

- Strong organizational skills.

- Ability to prioritize and multitask. Able to juggle multiple assignments concurrently.

- Deadline and detail-oriented. Performs work with a high level of accuracy.

- Ability to work independently and as part of a team. Goes the extra mile to get the job done.

- Take ownership of assigned areas and see them through to completion.

- Experience working with an ERP system, Netsuite a plus

Job Offer

Competitive base salary, Leadership position, high visibility role opportunity for performance led bonuses and growth within the company.

Contact - Akida Wahi