
Assistant Finance Manager
5 days ago
This is an exciting opportunity to work with a fast-paced software consolidator that has a significant growth trajectory.
The Junior Financial Analyst will report to the Finance Manager or designate. This role will focus on partnering with operating and finance colleagues to support small, high-quality software businesses.
The position is ideal for an individual who has the interest and aptitude to be involved in all aspects of finance operations, including revenue recognition, accounts payable and expenses, cash management, financial reporting, and analysis, as well as systems.
The finance group aims to play a value-added role by leveraging financial and other data to drive shareholder value.
The role will provide overlap support to our verticals, working a shift of 2:00pm - 10:00pm, Pakistan Standard Time.
Responsibilities:- AR and AP Management:
- Generate and send accurate customer invoices in alignment with the billing schedule using ERP systems.
- Record cash receipts and payments received from customers, ensuring they are applied accurately to the corresponding invoices in ERP.
- Monitor and manage the AR aging report to ensure timely collections and identify overdue accounts for follow-up.
- Investigate and resolve any discrepancies in AR, including unallocated receipts or customer disputes.
- Identify and book AR-related accruals during the month-end process, ensuring accurate financial reporting.
- Process vendor invoices and payments within ERP, ensuring accurate coding and adherence to timelines.
- Investigate and resolve posting errors for both AR and Accounts Payable (AP) transactions in ERP.
- Reconcile AR/AP sub-ledgers to the GL on a monthly basis.
- Cash Management and Reporting:
- Download and update bank transactions from the online banking portal at least twice weekly (on Mondays and Thursdays).
- Perform weekly cash reconciliations (on Fridays) and post all credit card charges from statements according to SOPs.
- Ensure timely vendor payments and determine the need for month-end accruals based on recurring expenses.
- A minimum of 1-2 years of experience in a finance/accounting role.
- A college degree in business, accounting, or finance will be preferred.
- An accounting designation or working towards a designation is preferred.
- A solid working knowledge of accounting principles and practices.
- Experience with NetSuite, Sage Intacct and/or QuickBooks is an asset.
- Excellent attention to detail and ability to manage multiple priorities.
- Highly motivated and energetic, with an interest in entrepreneurship, software, and finance.
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