Financial Process Services (FPS) is a vertical of TresVista that works with major clients in the spectrum of the financial services industry. FPS caters to their needs related to accounting & financial data extraction and spreading and enables holistic view based on summarized data & information which is consumed at various levels and by finance professionals. Exposure to processes related to core finance and accounting clubbed with innovative techniques and software adds value to the professional growth of aspirants looking for a career in the finance industry.
Key Role Deliverables:
Leading project requests, guiding Analysts on execution and ensuring their output is client-ready
Reviewing the Analysts' work for accuracy and consistency in the categorization of line items, journal entries, invoice processing, and another project-related deliverable
Handholding team on complex projects and ensuring adherence to project deadlines and quality standards
Maximizing team productivity and ensuring communication guidelines and timelines (TAT) are adhered
Operational Responsibilities:
Training Analysts in spreading financial statements in the client database
Reading and interpreting information from notes / schedules accompanying financial statements
Working on developing Analysts' concept clarity and ability to interpret financial data
Calls & Emails for collecting pass due amount
Understanding of DSO and timely application of cash
Collating financial information and KPIs from broker reports, management call transcripts, and news articles
Overseeing journal entries, PO requisitions, vendor creations,
and payment reconciliations
Managing Non-PO & PO invoices and paying invoices within TAT
Managing T&E; payments
Creating monthly / ad-hoc reports
Managing Fixed Asset: Accounting, and reporting of organization's fixed assets
Ensure accurate capitalization, asset disposal, impairment testing, and depreciation calculations
Proactively managing client communication and serving as a point of contact for clients
Team Management:
Goal setting and performance review of direct reports. Able to deliver timely and balanced performance feedback
Auditing of team timesheet, tracker for completeness and correctness
Identify training needs and provide training, coaching, and mentoring where appropriate
Recruiting and retaining the highest quality talent into the team
Instituting knowledge sharing / best practice sharing forums
Preparing periodic performance, utilization, and efficiency reporting packages to discuss with the line manager
Prerequisites
Proficient with the English language and excellent communication and interpersonal skill
Sound knowledge of accounting concepts; well versed with financial terms
Experienced in either financial statement analysis or AP/OTC/RTR process
Thrives to work in a challenging setting and has a flexible mindset and adaptability to manage client deadlines
Attention to detail
Strive to achieve excellence
Experience
Minimum 4-7 years of working experience in P2P, O2C or R2R verticals
Education
Any graduate / MBA with finance specialization
Compensation The compensation structure will be as per industry standards