Senior Executive - Finance
Company Description

smartShift Technologies is a business transformation company with experience in transforming and managing hundreds of mission critical applications of market-leading organizations of all sizes – early stage start-ups, mid-market enterprises and Fortune 1000 corporations. We are leading the enterprise software management revolution. Through our innovation in automation, we have radically changed the way companies transform and manage their enterprise systems. We have proprietary technology in automated code transformation that has been utilized in SAP to revolutionize updates to Fortune 500 companies. We also deliver large scale cloud transformation projects along with continued managed services in Amazon Web Services, Microsoft Azure, and other leading cloud technologies.

Our working culture combines the meritocratic approach of responsibility and compensation with swarm intelligence: we work as one team concentrating on deliverables under situational leadership. At smartShift our customers are in the center of our activities and we take the risk to get actual results for them. We live in an open and transparent culture which means we are honest with ourselves. Nevertheless, each team member embodies and appreciates accountability and reliability following the principle “I will be the change I seek”.

At smartShift, you will have the opportunity to work in a unique startup atmosphere – learning something new every day while still experiencing top of the line delivery. We like to dress casual, work smart, and constantly challenge the status quo. smartShift Technologies is headquartered in Boston (USA), with offices in Bengaluru (India), and Mannheim (Germany).

We are an ISO 2001-2013 compliant organization and emphasize on information security of our clients.

Job Description

smartShift Technologies is looking for an Senior Executive – Finance to join our team in India.

Responsibilities
  • Should have basic knowledge of GAAP and must have some prior experience in working with Off-shore / On-shore Finance teams.
  • Accounts Payable
    • Accounting invoices – includes GL code specification, verifying if in line with Budget file, verification of necessary approvals needed, verifying with contracts / work orders
    • Storing the scanned vendor invoices with the existing procedures on the shared drive
    • AP aging analysis & payment of invoices
    • Updating tracker sheets to ascertain if monthly entries are booked or to be accrued
  • Accounts Receivable
    • Creation of invoice – as per the existing procedure creating Customer invoices, applying to correct OPP-ID, Customer, Line of business and details, tax specifications as notified in the invoice request. Created invoice to be uploaded onto the invoice tracker in 1 business day
    • Cash application – applying the customer receipt accurately against the invoice paid by the customer. The application should be based on the bank statement and customer notification if any
    • AR aging & customer follow up – once a week discussing internally with reporting manager on AR aging and plan of action of customer follow up as defined in the process
  • Payroll accounting
    • Once the payroll reports are received, these to be verified in line with monthly payable as per the payroll request communication
    • Remittance of payroll on time
    • Remittance of payroll related taxes, insurance on time
    • Payroll reconciliation and accounting – monthly
    • Storing of data accessible but keeping in mind the GDPR / ISO compliance
  • General
    • Timely and error-free accounting as defined
    • Ad-hoc reporting as and when needed
    • Preparation of Balance sheet schedules
    • Preparation of Transfer pricing supporting documents
    • Customer contract analysis – as and when needed
    • Co-coordinating with Auditors, tax consultants, internal & external customers
    • Ensuring the financial data is not disclosed to any un-authorized personnel
Skills & Experience
  • 3 plus years experience working in similar roles
  • Should have worked in companies with global presence
  • Added advantage
    • If dealt with multi-currency accounting
    • If exposure to intercompany transactions and settlement accounting
    • if implemented any 3rd party tools
    • knowledge on applications such as Netsuite / Concur
Qualification
  • MBA / M Com / CA Inter with 3+ years of experience
Region
Bengaluru, India