Team Lead F&A at Ksource Consulting LLP, Bengaluru,

  • 7 - 15 Years
  • Not Mentioned
  • bengaluru,
  • permanent
  • Commerce Graduate,
  • Accounting/Finance
  • General Management, Consulting, Accountancy,
  • Job Description

    Accounts Payable

    Manage End to End AP process

    Assisting in Process mapping

    Ability to resolve vendor queries/escalations independently

    Recommendation of payments to be made

    Metrix reporting to client (Volumes, errors, on-holds etc)

    Account Receivable

    Manage End to End AR process

    Assisting in Process mapping

    Revenue Recognition, Deferred Revenue Accounting and tracking, unbilled revenue,
    Percentage of completion calculations, read contracts/SOWs for deciding revenue
    recognition treatment

    Ability to resolve customer queries/escalations independently

    Metric reporting to client (Volumes, errors, on-holds etc.)

    Bad debts/Provisions: Calculation, Accounting and Analysis

    General Ledger

    Subject Matter Expert on Accounting and GAAP

    Manage & OWN monthly close process - creation of close checklist, calendars and leading the close call with the client

    Assisting in Process mapping and Architecting for Month End Close Process

    Preparation and Review of Financial statements (P&L Account, Balance Sheet & Cash flow
    statements) and MIS reporting

    Preparation & Review of Balance Sheet reconciliations and P&L Schedules

    Calculation and accounting of Transfer Pricing entries

    Accounting of Foreign exchange transactions

    Currency translations and revaluation of Foreign exchange balances

    Consolidation of Financial Statements

    Manage Audit and PBC related activity

    Commission calculations/Tracking and accounting

    Preparation of Cash forecasting (Weekly/Monthly)

    Variance Analysis - P&L -Budget to Actuals

    Preparation of Close Pack and Board Deck

    Own/Preparation of process documentation for all his activities independently.

    Client Management

    Handle multiple clients

    SPOC for all team's technical queries - (Accounting/FP&A as the case may be)

    Ensure Process Documentation/check lists are in place for all activities and updated regularly

    Review Team members deliverables

    Assist transitions on account of attrition/ new activities independantly

    Assist New client/New role transitions

    Ensure day to day deliverables (regular and adhoc) are completed accurately and within time

    Provide SLA tracking data to Senior Manager

    Ensure adequate cross training and backup for all critical activities

    Team Management

    Manage multiple FTEs

    Provide constant feedback to the team and report the same to the Manager

    Prepare feedback tracker, Error tracker & Client Activity Report

    Provide inputs for Account review preparation to Manager

    Provide inputs on training needs of his team to Manager

    Participate in performance appraisals

    Provide status updates on all deliverables/team to Manager on daily basis

    Approve timesheets

    Leave management

Employer Profile :

  • Ksource Consulting LLP, bengaluru,
  • Ksource Consulting LLP is a dedicated service center for a US based accounting outsourcing center that has been in business for nearly 10 years and services over 30 enterprise customers.. KEY SOLUTION BENEFITS: Personal account manager Fixed accounting fees - agreed in advance and not dependent upon hours worked and hourly rates