Finance Shared Services Analyst E (Accounts Receivable)

About fisglobal India

FIS stays ahead of how the world is evolving to power businesses, across merchants, banking, and capital markets, to outpace today’s fast-changing competitive landscape and help their clients run, grow and achieve more for their business. 

Your role

• Has good knowledge of the Cash Application process, procedures, and systems to be used in carrying out assigned tasks related to the process and a basic understanding of the underlying concepts and principles
• Review and assignment of cash application generic mailbox and ensure timely completion of all requests
• Understanding of Bad Debts entries and reconciliation of accounts.
• Co-ordination with business units for open items including escalations as needed
• AR aging review
• Journal Entries/MBEs for Adjustments and Reclasses to Reconciliation Accounts.
• Understanding of WHT concepts.
• Reports to be worked upon – Unallocated Credits, Supervisory report to ensure GL and Bank tallies, etc.
• Organize/Co-ordinate and participate in team meetings, con-calls, etc.
• Month-end closure reporting – Unapplied Cash Account reconciliation review, Monthly Collections Report, Cash Metrics, Reserves, or any other report as assigned, etc.

Training, development & rotations

FIS Learning Solutions provides a learning experience that caters to a financial services organization’s specific training needs. They offer a team of professionals with extensive banking backgrounds and specialized roles positioned to contribute to all aspects of a training program. The GROW learning program teaches bankers to develop customer relationships by identifying opportunities and offering solutions that win new business.

Salary & benefits

The annual salary for this role can range from INR 3.0 to INR 5.0 LPA(Source: Ambition Box).  They provide the following benefits

• Health Insurance
• Work From Home
• Free Transport
• Team Outings
• Job Training
• Education Assistance
• Child care
• International Relocation
• Gymnasium
• Cafeteria

Career progression

At FIS, they advance how the world pays, banks, and invests because talented people like you empower their organization. Their mission is to support you in achieving your professional aspirations through rewarding and challenging careers.

To FIS, you are their most important and valuable asset. Its success as a company depends on its ability to engage and inspire its people who can adapt and thrive in an ever-changing business and technology landscape. To support and empower you, they offer a variety of career development tools, resources, and opportunities. FIS is committed to helping you learn, grow and make an impact!  

Work-life balance

FIS is a good work environment. They say that you get a chance to work on quality. They provide an opportunity to improve technical skills through training programs. Working days are usually from Monday to Friday (Flexible Timing).

Culture & vibe

They recognize that people are their most important asset.  Their innovation starts with them and their engagement is critical to their success.  They want to expand their FIS core teams and configure the right ones. Not only is it one of their five guiding principles, but their passionate employees are always looking for new ways to support the community.  This selflessness is built into FIS culture from donation drives and food collection to walk runs or building new homes.

About you

Knowledge/Experience/Skills/Qualification:

• Strong Accounting Knowledge – Cash Application, Accounts Receivable, Revenue Accounting
• 0-3  years of inexperience in Cash Application
• Good Communication Skills – Written and Verbal and Good in MS Excel
• Minimum Educational Qualification – B. Com
• Sound knowledge of Oracle ERP
• Ability to analyze reports and function as an SME/SPOC
• Proactively look for new creative ideas and implement process improvements
• Ability to understand and resolve queries from business units and team members
• Ability to co-relate figures, do analysis and make relevant comments
• Basic knowledge of reserve provisions and revenue accounting
• A good team player
• Experience working with global/other teams
• High regard for deadlines and deliverables

Competencies:

• Service-driven attitude
• Meet due dates
• High work standard
• Has initiative/self-starter/pro-active
• Goal oriented
• Team player

How to Apply

Just click on the Apply on employer site button to apply for this role. It will navigate to the career section where the application can be submitted.

Recruitment Process:

• Phone interview
• Assessment  
• Live interview