Manager of Financial Shared Services

Full Time
India, Remote
Posted 2 weeks ago


Simfoni provides Spend Analytics, Spend Automation, and e-Sourcing solutions to leading global enterprises. The Simfoni technology platform utilizes machine learning and artificial intelligence to accelerate and automate key aspects of the procurement and sourcing processes, saving customers time and money and paving the way toward supply chain sustainability. With offices in the USA, Europe, Australia, and the Middle East, Simfoni collaborates with its customers and the wider vendor community to improve vendor diversity and achieve strategic CSR (Corporate Social Responsibility) objectives.

What Success Looks Like

Simfoni is seeking an enthusiastic and experienced individual with a strong finance background to serve as Manager of Financial Shared Services. In this role, you will play an active managing the daily accounting activities for Simfoni and its associated companies. The Manager of Financial Shared Services will be responsible for day to day accounting activities and maintaining the general ledger, ensuring accounting and regulatory compliance, accounts receivable and accounts payable reconciliations, and administering banking activities.

The ideal candidate possesses a solid operational and technical accounting background, in a multi subsidiary environment with effective communication skills. Must have the capability to manage substantial amounts of data and have expert level Excel skills. The candidate is an initiative-taker that is flexible, action and goal-oriented and is comfortable in a fast-paced, team-oriented, collaborative environment.

• Support AR, revenue recognition, AP, treasury activities and accounting transactions for Simfoni and associated companies in US, UK, UAE, and India to ensure quality and integrity of financial data.
• Maintain the general ledger, detail account reconciliations and work paper controls.
• Manage monthly revenue recognition in compliance with US ASC 606.
• Maintain Deferred Revenue schedules and amortization from the Balance Sheet to Profit & Loss Statement.
• Oversee client invoicing within contractual terms and conditions.
• Oversee Accounts Payable and employee expense reimbursement transactions.
• Conduct monthly reconciliation of intercompany transactions across multiple subsidiaries and process intercompany elimination entries.
• Prepare monthly bank reconciliations for multiple accounts.
• Reconcile AR and AP balances and resolve variances.
• Support set-up of core operating procedures and accounting processes in the NetSuite ERP allowing Finance to support the scaling and growth of the business.

Our Ideal Candidate (with a combination of education and work experience):

• Graduate in Commerce (B. Com).
• 5-7 years of work with progressive accounting experience.
• Excellent Excel skills, fluent with pivot tables, VLOOKUP and HLOOKUP functions.
• Excellent English language skills (verbal and written).
• Experience with NetSuite will be an added advantage.
• Experience managing staff is a plus.

Job Features

Job CategoryFinance
Reporting toDirector Accounting & Finance
Job LocationRemote, India
Work ConditionHybrid

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