EXL is hiring for Manager/Senior Manager - FA Operations role based out of Noida
Skill set required:
- Good domain knowledge of O2C - Credit Control/ R2R or General Accounting/Reinsurance Accounting/Fixed Asset/Audit Control
- Experience of handling a team size of 10-15 resources
- Excellent communication (written and verbal)
- Open for US Shift
- Hybrid/Work from office from Noida location
Please share your resume on with below details
- Skill Applied (O2C - Credit Control/ R2R or General Accounting/Reinsurance Accounting/Fixed Asset/Audit Control) -
- Current Company -
- Current CTC -
- Expected CTC -
- Notice Period -
- Current Location -
- Office Location - Noida Sec 144
- Consent for US Shift & 5 days working from office
- Offer in hand -
- Last appraisal rating & percentage -
- Reason for change -
- Largest Team Size handled -
Job Description
Credit Control - Manager and Senior Manager
- Education Requirements: B.COM/M.COM/MBA/CA
- Work Experience Requirements: Accounting Graduate with more than 10-12 years of experience in Credit Control functions.
- Excellent Communication Skills.
- Responsibilities:
- 'Capability to develop and implement effective credit control policies and procedures that align with the company’s financial goals.
- Ability to make informed decisions regarding credit limits, terms, and collection strategies.
- Developing strategies to minimize bad debt and manage exposure to credit risk.
- Skill in communicating credit terms and policies to clients in a clear and professional manner.
- Proficiency in negotiating payment terms, settlements, and credit limits with clients.
- Ability to effectively communicate and collaborate with other departments (e.g., sales, finance) and senior management. Prepare regular reports on accounts receivable status, aging reports, and collection activities.
- Ensure compliance with company policies and relevant regulations
Audit Control - Manager and Senior Manager
- GAAP/IFRS Understanding: In-depth knowledge of Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) is essential.
- Double-Entry Accounting: Proficiency in double-entry accounting to understand how transactions impact various accounts on the balance sheet.
- Chart of Accounts: Familiarity with the organization’s chart of accounts and how different transactions are categorized.
- Ability to perform reconciliations of accounts, such as bank reconciliations, to ensure the accuracy of balances.
Reinsurance Accounting - Manager
- Managing the team of Reinsurance accountants, Review and Approve MJE, Reconciliations, Handling client queries, Performing Open balance analysis
Controllership Manager and Senior Manager
• Lead and oversee the monthly and quarterly financial close process, including review of journal entries, sign-off of account reconciliations, and business unit financial statements
• Support and review of deliverables from offshore teams and help provide insightful and impactful analytics
• Identify process improvement opportunities to drive efficiencies and enhanced controls
Ensure timely and accurate delivery of daily, monthly and periodic processing as per business requirement
• Strong R2R knowledge - Monthly, Quarterly & Annual Close process, GL Accounting, Journal Entries, Reconciliations, Reporting and analysis
• Knowledge of Investment accounting like Capital contribution, Dividends, Bonus, securities, Assets accounting etc. is required
• Review of critical journal entries, reconciliations and month/quarter end activities before onshore sign off
• Consult with onshore BU Controllers, Up steam & Downstream teams during close to ensure timely completion of deliverables and escalation of issues
•Team management skills -Provide coaching and feedback to team members to enable them to improve their performance
•Client management - Handle escalations /queries. Drive Governance Meetings, Understand & anticipate clients’ business needs, concerns & issues, and be able to proactively resolve the same
• Partner with onshore team to support internal/ external audits
• Legal & compliance - Ensure compliance with internal policies and procedures
• Act as a point of escalation for any operational issue
• Conduct Periodic Performance Assessments of team members
Fixed Asset Accounting- Manager and Senior Manager
• Strong understanding of fixed asset accounting principles, including depreciation methods, capital vs. expense classification, and impairment analysis.
• Familiarity with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) as they pertain to fixed assets.
• Expertise in calculating, managing, and optimizing depreciation schedules and methods (e.g., straight-line, declining balance).
• Proficiency in maintaining an accurate and up-to-date fixed asset register, including asset tagging and tracking.
• Experience in conducting physical asset inventories and reconciling these with accounting records.
• Knowledge of asset lifecycle management, from acquisition through to disposal, including procedures for transfers, retirements, and write-offs.
General Accounting- Manager and Senior Manager
- In-depth knowledge of Technical Accounting, Expense Allocations, Reconciliations and insurance expertise
- Leads or actively participates in increasingly complex department projects and continuous improvement activities
- Communicates effectively with other units and management to plan work, gather information, and present results