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Role at a glance
You will
Oversee customer collections and ensure timely and accurate processing of payments.
Manage cash applications, allocating funds to the appropriate accounts and ensuring proper reconciliation.
Review and analyze contract terms, identifying potential risks and negotiating favorable terms for the company.
Experience
8–10 years
Must-have skills
ERP SystemsFinancial ModelingMS OfficeAccounting
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Job description
Description
As the Manager-Finance for Artech Infosystems Private Limited, you will play a crucial role in driving the financial success of our organization. Your primary focus will be on managing the Accounts US department, which handles customer collections, cash applications, and contract terms for our US-based clients. This role requires a deep understanding of ERP systems, particularly Oracle/PeopleSoft, and a strong grasp of the staffing business model.
Responsibilities
Oversee customer collections and ensure timely and accurate processing of payments.
Manage cash applications, allocating funds to the appropriate accounts and ensuring proper reconciliation.
Review and analyze contract terms, identifying potential risks and negotiating favorable terms for the company.
Maintain a thorough understanding of the staffing business and its financial implications.
Collaborate with the US-based clients to ensure their financial needs are met and build strong client relationships.
Review AR Aging reports regularly and take proactive measures to minimize overdue accounts.
Implement efficient financial processes and systems to streamline operations and enhance productivity.
Prepare financial reports and provide insights to the management team, supporting strategic decision-making.
Mentor and guide the finance team, fostering a culture of continuous improvement and professional development.
Qualifications
Bachelor's degree in Finance, Accounting, or a related field is required.
Minimum 8-10 years of experience in a finance management role, preferably in the staffing industry.
Demonstrated expertise in ERP systems, particularly Oracle/PeopleSoft, is essential.
Strong knowledge of US accounting principles and regulations.
Excellent analytical and problem-solving skills, with the ability to interpret financial data.
Proven leadership and team management skills, with a track record of building high-performing teams.
Effective communication and interpersonal skills, with the ability to collaborate with diverse stakeholders.
Proficiency in Microsoft Office suite, especially Excel, for financial modeling and analysis.
Ability to work independently, manage multiple priorities, and meet tight deadlines.
A proactive and results-driven approach to financial management and client satisfaction.
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Questions you may be asked
What are the golden rules of accounting?
How do you prepare a bank reconciliation statement?
What is input tax credit under GST?
What is the difference between GSTR-1 and GSTR-3B?
