Job Profile: Sr Associate Biz Accounting

Location: Gurgaon

Key Responsibilities:

- Responsible for monitoring of GL accounting part for account receivable and correct flow of accounting from LMS system.

- Supporting in closure of monthly activities and confirmation to reporting team for Trail balance of Accounts Receivable part.

- Testing of any new changes coming in LMS part and testing those from an accounting perspective.

- Working closely with IT team for working on identified automation requirements.

- Working closely with IT/Ops team for resolution of identified issues and regular monitoring of some of the critical processes.

- Testing of new products in the LMS systems from an accounting perspective.

- Review of the features of the products and validating it.

- Review of Existing Templates in case of Bugs and modifications for the same.

- Working with the cross functional team for testing of new products being launched and any new CR effecting the accounting process.

- Analyzing GL Scrutiny for BIZ accounts and review the balances to identify any discrepancy in the Balances as per the Loan Dump/Accounting process monthly.

- Working on analysis of the differences and getting those resolved permanently.

- Working on Legacy issues for resolution and providing permanent fixes with the help of IT.

- Automate the write off accounting and DA accounting.

- FPC circular interest refund accounting recalculates and confirmations.

- ARC Pool identification, Data sharing, ROR analysis, scrub data, collection analysis, XIRR calculation etc and post migration activity- post migration support, resolutions of customer queries collection post cut of date, invoicing and payout working, system recovery accounting.

- Deal assignment Securitization data sharing to treasury for the transaction evaluation, Accounting, Amortization monthly, accrual system entries, payout working monthly, true up entries for upfront gain and loss.

- Review partnership calculation and payout.

- Extensively working with Stat audit and internal stakeholder for closure of Control testing.

- Internal audit closure for Revenue recognition and support on other areas.

- Handling and supporting on Statutory audit, internal Audit & RBI audit.

- P&L Enterprise & Partnership along Credit Cost Split at product level

- Credit Cost Monthly estimation basis Book projections.

- Data extraction thru SQL queries and sharing insights by converting Raw data into presentation.

- Multiple MIS to be shared for analytics on revenue/ NPA /Collections.

- Sharing disclosure working for Buyout pool/DA & ARC Sale transaction.

- Working on all Data Request for DRHP and closure of circle up with Stat Auditor & ICA.

Skills and Competencies:

- Clear and appropriate communication skills (oral & written).

- Good presentation skills.

- Good analytical skills.

- Proficient in Excel

- Experience of working on SQL queries

- Knowledge of financial ratios

- Detailed understanding of Loan Management system (Finnone etc.)

- Working experience for SAP S/4 Hana