Senior Financial Operations Analyst
- Leading
- 7 - 12 years
- Vadodara
- 8 days ago
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Job Description
Job Title : Principal Analyst Financial Operations
Location State : Gujarat
Location City : Vododara
Experience Required : 5 to 9 Year(s)
CTC Range : As per norms
Shift: US Shift
Work Mode: Onsite
Position Type: Permanent
Openings: 2
Company Name: VARITE INDIA PRIVATE LIMITED
About The Client: The client is a global leader and pioneer in contingent workforce management. The industry-leading Integrated Workforce Management (IWM) platform is supported by 30+ years of innovation, modern software, proven expertise, and world-class data and intelligence. It enables companies to optimize talent and diversity goals while achieving operational and financial success. With this client, companies can adapt quickly to the evolution of work to grow their extended workforce with greater agility, transparency, and speed.
About The Job:
- As a Principal Analyst in Financial Operations, you will take a strategic and high-level role in driving the execution and continuous improvement of all financial operations processes.
- You will oversee complex financial tasks and lead initiatives to enhance operational efficiency, quality, and accuracy across the organization.
- Working closely with senior leadership, you will provide insights into financial operations, manage high-level reconciliations, and ensure the companys financial deliverables align with both client expectations and internal objectives.
- You will also mentor and guide other team members, fostering a culture of excellence and continuous improvement
Essential Job Functions:
- Leadership & Strategic Oversight :
- Take full ownership of the financial operations process across multiple accounts, ensuring complex deliverables are met on time and to the highest standards of quality.
- Lead strategic initiatives aimed at improving operational processes, optimizing systems, and addressing emerging challenges in financial operations.
- Provide mentorship and guidance to managers, analysts, and cross-functional teams to foster professional development and enhance operational performance.
- Work closely with senior leadership to set long-term strategies and goals for the Financial Operations team, aligning departmental objectives with broader organizational priorities.
- Advanced Financial Operations & Process Management :
- Oversee the entire accounts receivable lifecycle, ensuring accurate and timely invoicing, collections, and payment application across multiple platforms (VMS, ERP, PeopleSoft).
- Manage and resolve complex reconciliation tasks, ensuring seamless integration of data across multiple systems and identifying opportunities for improvement in the reconciliation process.
- Conduct high-level analysis of financial data, providing actionable insights to senior management to guide decision-making and improve financial performance.
- Financial Reporting & Data Integrity :
- Lead the preparation and analysis of advanced financial reports, including aging reports, collection trends, outstanding balances, and key performance indicators (KPIs).
- Ensure data integrity across all financial systems, overseeing audits and spot checks to confirm the accuracy of financial records and reports.
- Create and deliver strategic reports and presentations to senior management and external stakeholders, providing clear, concise, and actionable financial insights.
- Strategic Process Improvements & Optimization :
- Drive large-scale process improvement initiatives within financial operations, from identifying inefficiencies to implementing scalable solutions that reduce operational costs and enhance service delivery.
- Work with key stakeholders across the organization to review and refine financial workflows, ensuring best practices are established and continuously followed.
- Lead the implementation of automation, system upgrades, and other technological improvements to streamline processes, reduce manual effort, and increase overall operational efficiency.
- Cross-Functional Collaboration & Client Engagement :
- Serve as a senior-level point of contact for clients, engaging in high-level discussions around billing discrepancies, payment issues, and process changes, ensuring resolution and maintaining positive client relationships.
- Collaborate with internal teams, including finance, IT, and client services, to align financial operations with other key business functions and ensure optimal performance across the board.
- Provide strategic recommendations and insights based on client needs, market trends, and financial data to improve client service and drive business growth.
- Governance, Compliance, & Risk Management:
- Establish and enforce governance policies and procedures related to financial operations, ensuring compliance with internal standards and external regulations.
- Lead risk management efforts, proactively identifying potential risks in financial processes and implementing solutions to mitigate them.
- Oversee the development and maintenance of process documentation, ensuring all team members adhere to documented procedures and maintain consistency across operations.
- Mentorship & Team Development :
- Lead, mentor, and coach a team of financial analysts, providing advanced training and career development opportunities to foster a culture of excellence.
- Develop and maintain a high-performing team by setting clear expectations, tracking performance, and facilitating regular feedback and development discussions.
- Ensure the team is equipped with the necessary tools, resources, and support to achieve individual and collective success.
- Innovation & Thought Leadership :
- Stay abreast of emerging trends in financial operations, system improvements, and best practices in the industry.
- Serve as a subject matter expert and thought leader in financial operations, contributing to the evolution of department strategy and ensuring the organization stays ahead of market trends.
- Drive innovation by recommending new approaches, tools, and technologies that can improve efficiency, accuracy, and client satisfaction.
Qualifications:
- Experience Level: Minimum 8 years of relevant experience
- Mandatory Skills: Collections/Receivables and Invoice to Pay (I2P)
Education & Experience:
- Bachelors degree in Finance, Accounting, Business, or a related field; MBA highly preferred.
- 5+ years of experience in financial operations, accounting, or finance, with a proven track record in a leadership or principal analyst role.
- Advanced knowledge of financial systems such as Vendor Management Systems (VMS), ERP (PeopleSoft), and other accounting platforms.
- Strong expertise in financial reporting, data analysis, and reconciliation processes with an ability to manage complex data and financial workflows.
- Demonstrated experience driving process improvements, system integrations, and financial optimization in a large-scale, multi-account environment.
- Exceptional leadership, communication, and interpersonal skills, with the ability to interact effectively with all levels of the organization and external stakeholders.
- Highly analytical, detail-oriented, and capable of managing multiple priorities in a fast-paced environment.
- Strong problem-solving skills with a focus on continuous improvement and innovation.
Key Competencies:
- Strategic Financial Leadership
- Advanced Financial Analysis & Reporting
- Process Optimization & Continuous Improvement
- Cross-Functional Collaboration & Client Relations
- Governance, Compliance & Risk Management
- Mentorship & Team Development
- Data Integrity & System Integration
- Problem Solving & Decision Making
- Innovation & Thought Leadership
Shift Timing: US Shift (PST/PDT) Start time: 6:30 PM IST / 7:30 PM IST
How to Apply: Interested candidates are invited to submit their resume using the apply online button on this job post.
About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Equal Opportunity Employer: VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.
Unlock Rewards: Refer Candidates and Earn.
If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE.
Exp Req - Referral Bonus
0 - 2 Yrs. - INR 5,000
2 - 6 Yrs. - INR 7,500
6 + Yrs. - INR 10,000
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Finance & AccountingRole Category: FinanceRole: Financial AnalystEmployement Type: Full timeContact Details:
Company: LeadingLocation(s): Vadodara
Keyskills: O2C Billing Ar Billing Team Lead Collections
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