Associate / Sr. Associate - Finance ( Accounts Payable)

Job Description:

Description:

• Monitoring of daily collections into bank account, transfers to the relevant partners and its updation into the dashboard
• Verification of daily MIS received
• Daily reconciliation of data received on folder (sftp) or mails received from lending partners
• Sending / monitoring of daily repayment MIS to the partner
• Analyse the differences across variable and provide appropriate remarks for further rectification as well as repetition reduction
• Verification of all the charges related accruals & dues are properly posted at both company & partner end, resultant no revenue loss
• Month end activities to be completed as per the timelines
• Monthly reconciliation to be completed across all partners
• Understanding of Financial Services sector in the Indian context
• RBI compliance - To monitor and disseminate the regulatory landscape, evaluate the implications and policy requirements/changes and ensure adherence to the same. Support the monitoring of compliance with applicable policies and regulations.
• Preparation of process notes / SOP’s wherever required
• Understanding of existing process notes and identifying the gaps
• Monthly interest and other sharing invoices related reconciliations to be done

Skill and Qualification:

 Semi-qualified Chartered Accountant / Inter CA 

• Handled Accounts Receivables / Accounts Payable reconciliations
• Handled invoice raising and related reconciliations
• Knowledge of Debtors ageing
• Dealing with partners / debtors and handling the reconciliation issues
• Strong interpersonal, communication and presentation skills
• Should have experience in Statutory Audits.