Senior Accounts Officer - Managment Accounts/ RTR
Spar Technology Services India · Mumbai · onsite · Posted 31d ago
Undisclosed2–6 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Job Description:
A) Accounts Payable
- Along with the Accounts Payable team, maintaining the entire Purchase Ledger function efficiently
- Processing of invoices on daily basis.
- Resolving responding to queries from suppliers UK finance team
- Satisfy the overall team objective of settling the Companys liabilities on a timely and accurate basis and as per agreed service levels and agreed KPI targets.
- To maintain Purchase Ledger / supplier accounts and perform the bank and supplier statement of account reconciliation on timely basis
- Resolution of all invoicing queries via email/phone for supplier accounts.
- To process the weekly supplier payment.
- To chase for missing invoices with the suppliers. To support on any adhoc reports/audit queries of the client.
B) Treasury
- Uploading direct bank transfers on student transactions software and e-mailing site staff for that.
- Performing the bank and income reconciliation on timely basis.
- Preparation of deposit management and performing the deposit reconciliation and processing of refund on timely basis.
- Posting bank transfer form onto Bankline , Accordingly making entries on relevant software of the client.
- Bank reconciliation on daily basis. Performing the reconciliation between the different software for the student records to corroborate that the balances are same on different platform. In case of discrepancy highlight the same to the client.
- Communicating with Site staff over phone/MS teams / Email for issues relating to students' receipts refunds, sales invoicing and query resolution on day-to-day basis. Use application MS excel effective.
- Review of the contracts and raising the Sales invoices accordingly
- Communicating with Site staff over MS teams / Email for issues relating to students receipts refunds, sales invoicing and query resolution on day to day basis - flexibility to meet client expectations and Manager's expectations
C) Management Accountant :
1) Prepayments
- Amortize the prepaid based on period of service for the expenses - for both New Existing invoices by recording the Journal entries.
- Update the prepayment schedule in MACs with new entries recorded for the month and amortize accordingly.
2) Accruals
- Reversal of Old accruals, after they are closed, rejected or invoice received.
- Provision of New Accruals based on PO's pending invoice booking in the current month.
- Update the Accruals schedule
3) Processing Month End Transaction entries
- Landlord Payment entries and Inter site Inter Company Recharge between group entities.
- Rental revenue entries.
- Payroll entries and accruals.
- Other Journal entries
4) Nominal Ledger Scrutiny to ensure the foll :-
- Nominal Ledger Scrutiny of all the Nominal Account codes to ensure that the transactions are accurately recorded in that month.
- To review, there are no duplication of expenses recorded in that month.
- The Prepayments are properly released in that month.
- The accrual entries are properly recorded and reversed in the subsequent months.
- There is no omission of any particular expense in that month.
- Generate and review Trial Balance reports on a Monthly, Year-to-Date (YTD), and Previous Year-End basis.
- Prepare and analyze Nominal Activity Reports in CSV format to support site reviews and financial assessment.
- Conduct in-depth variance analysis and provide detailed commentary based on predefined variance analysis criteria.
- Prepare comprehensive client reporting packs , including Funding Statements, Cash Flow Projections, and variance commentary on Profit Loss statements.
- Prepare, review, and update quarterly forecasts to support financial planning and business decision-making.
- Prepare monthly Balance Sheet reconciliations for clients, ensuring all accounts are fully reconciled and resolving any outstanding or unusual balances promptly.
- Support statutory and audit processes by preparing schedules, reconciliations, and documentation required to address auditor queries.
- Act as the primary point of contact for Accommodation Managers, Operations Managers, Finance Managers, and third-party clients, ensuring effective stakeholder communication and issue resolution.
- Manage the deposit reconciliation process , ensuring deposits are accurately tracked, reconciled on a timely basis, and refunded as per agreed timelines and policies.
Skills / Experience required:
- 4 to 6 years experience working as an Senior Accountant / Management accountant, experience working with hotels or student Accommodation Company will be an added advantage.
- Experience of using XERO/Starrez accounting software will be an added advantage
- Ideally have worked in a multi site high volume high transaction environment.
- Brilliant Communication skills.
- Excellent Client Management Skills
- Experience of working in a dynamic and challenging environment and ability to prioritise tasks.
- Able to organise and co-ordinate with the team including dealing with performance and development issues.
- Problem solving skills.
- Ability to work independently on strict deadlines,
- Sound accountancy experience and knowledge
- Ability to use initiative, manage own workload and manage conflicting priorities.
- Lateral thinker and problem solver.
- Articulate, energetic and resilient.
- Strong attention to detail but at the same time a change orientated mind-set.
- Experience of using various accounting software packages and reporting tools.
- Excellent Computer skills specially excel skills
- A proven track record of continuous improvement in a changing environment.
- Credibly communicate expectations and issues clearly, possess a strong team ethos and rigorous approach.
- Stable employment track record and long term commitment.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
Accounts PayableAccount ReconciliationArticulateAccrualsCSVclient reportingaccountantAccounting SoftwareAccountancyBank ReconciliationCASH FLOWCommunication SkillsAccrual EntriesAccountingfinanceBalance Sheet
About Spar Technology Services India
Spar Technology Services India
₹7.6L PA avg
Avg at Spar Technology Services India
About
Allica is the UKs fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech.
Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.
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