Finance Specialist

EXC Managed Services

Location- Sec 33 Gurugram

Shift Timing- 2:00pm to 11:00pm ist (Monday-Friday)

Key Responsibilities:

Bank Liaison: Act as the main point of contact between EXC Managed Services and banking partners.

Manage banking transactions, facilitate fund transfers, and resolve discrepancies with banks promptly.

Oversee cash flow management, ensuring timely transactions and optimal banking solutions for the business.

Maintain effective communication with banking representatives to address any account or transaction issues.

Reconciliation: Perform monthly and quarterly reconciliations of bank accounts, ensuring all financial data aligns with bank statements.

Investigate and resolve discrepancies between bank records and internal accounting data.

Reconcile general ledger accounts to ensure accurate financial reporting and ensure alignment with EXCs overall financial goals.

Invoicing: Oversee the creation, processing, and tracking of invoices to clients in compliance with contract terms.

Work closely with the accounts receivable team to ensure accurate and timely collection of payments.

Review and monitor aging accounts receivable, following up with clients to ensure payment deadlines are met.

Payable Accounts (AP): Manage the full accounts payable cycle, including processing vendor invoices, reconciling vendor statements, and ensuring timely payments.

Monitor AP aging and ensure that payments are made in accordance with contract terms to maintain good relationships with suppliers.

Assist with month-end closing procedures related to AP and ensure accurate AP balances are reflected in financial reports.

Budgeting: Assist in preparing annual budgets by analyzing historical financial data and forecasting future expenditures and revenues.

Monitor actual expenditures against the budget, reporting any variances to senior management.

Provide insights and recommendations for cost-saving and budget optimization.

Compliance & Reporting: Ensure compliance with relevant financial regulations, including tax laws and corporate governance requirements.

Assist with tax filing and preparation of Income Tax Returns (ITR), ensuring accuracy and compliance with local regulations.

Support internal and external audits by providing necessary documentation and ensuring compliance with established financial practices.

Financial Analysis & Reporting: Prepare detailed financial reports for management, highlighting key financial performance indicators.

Conduct financial analysis to support decision-making processes and help optimize financial strategies.

Provide regular updates on the company's financial position and any significant trends or changes.

Fund Management (Preferable): Support the management of company funds, including monitoring cash flow, investments, and reserves.

Assist in fund allocation and ensure effective use of resources.

Provide recommendations on optimal fund management strategies based on business needs.

Qualifications:

Education: Post Graduation in finance preferred, Accounting, Business Administration, or a related field.

Experience: Minimum of 5 years of relevant experience in finance or accounting, with a focus on bank liaison, reconciliation, invoicing, and compliance.

Software Proficiency:

Experience with Tally and QuickBooks.

Familiarity with financial systems such as SAP, Oracle, or QuickBooks is a plus.

Technical Skills: financial reconciliation techniques.

Communication: Strong interpersonal and communication skills to effectively work with internal teams and external partners (e.g., banking institutions, vendors).

Analytical Skills: Ability to analyze financial data, identify discrepancies, and offer actionable solutions.

Attention to Detail: High level of accuracy and precision in managing financial data and records.

Problem-Solving: Ability to identify issues and proactively work toward resolving them in a timely manner.

Preferred Skills:

Certified Public Accountant (CPA) or similar certification is a plus.

Experience in a managed services or outsourcing environment is a plus.

Familiarity with international banking and cross-border transactions