Vice President - Financial Process Services

About the Department

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 vie w 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 industry of finance

Responsibilities Assumed:

• Technical Understanding:

- Experienced Finance professional with strong focus on Record-to-Report (R2R) function

- Comprehensive understanding of General Accounting, GL, Month End Close, Divisional Accounting, Product Costing, Management Accounting, Cost Accounting

- Handle month-end close, journal entry process, FA transactions, balance sheet reconciliation, chart of accounts creation/ update and related tasks

- Ability to deep dive and generate action-oriented reports for clients and suggest process improvement

- Detailed understanding and ability to produce meaningful analysis and reports using proprietary and third-party software and databases (such as SAP, Netsuite, QuickBooks, Credit Lens, Pitchbook, FactSet, Cap IQ, etc.) designed to cater to the finance industry

• Delivery Management:

- Play a key role in managing delivery teams, driving growth and bring subject matter expertise to enhance our FPS services

- Defining the scope of engagements, managing timelines, and ensuring timely delivery o Providing quality oversight on projects and document timely and continuous feedback for performance improvement

- Proven ability of setting up new processes and establishing quality measures ensuring efficient and effective execution of all key aspects of client deliverables

- Act as an escalation point for all R2R related issues raised by the client. Ensure the fast resolution of these issues and find ways as well to prevent them from happening again

- Ensuring strict adherence to Service Level Agreements (SLAs) and Key Performance Indicators (KPIs)

- Driving improvements in productivity and efficiency using appropriate efficiency metrics (KPIs) - Six Sigma, LEAN, or project management certification would be an added advantage but not mandatory

• Relationship Management:

- Retaining and expanding existing client relationships by increasing integration

- Experience of working with overseas clients preferable

• Team Management and Leadership:

- Experience of managing teams working with overseas clients on financial processes preferable - Delivering effective training programs to enhance the skills and knowledge of team members -

- Contributing to the overall operational strategy for FPS function and responsible for the implementation of the strategy within the team

- Conflict resolution and maintaining professional and inclusive working environment

- Goal setting and performance review of direct reports. Able to deliver timely and document-based performance feedback

- Recruiting and retaining the highest quality talent into the team

Prerequisites

- Proficient with the English language and excellent communication and interpersonal skills

- Sound knowledge of accounting concepts; well versed with financial terms

- Proficient in MS Office, SAP, or any accounting-related ERPs

- Commitment and ownership

- Strong eye for detail, ability to multi-task, handle pressure, and deliver against demanding deadlines

- Knowledge of automation tools desirable

- Ability to manage cross-cultural boundaries

Experience

- An accounting professional with a minimum of 7-12 years of relevant work experience

Education

- Chartered Accountant (CA), CPA (US), ACCA (UK)

Compensation

- The compensation structure will be as per industry standard