Senior AP Analyst

Job Description

Senior AP Analyst

About Stavtar

Stavtar is a software and technology services company with employees in New York, Bengaluru and Mumbai. Stavtar was founded by Financial and Technology professionals to solve some of the most challenging issues they faced while running Hedge Funds, Private Equity operations and Investment Banking Industries. Our Product, StavPay is currently used by alternative asset managers with over $500B of assets under management and is growing quickly.

About This Role

Our flagship SaaS product StavPay is used Asset Manager to streamline AP workflow. You’ll be part of the StavPay operation team, which is acts as an extension of our clients' middle-office.

Key Responsibilities
• Having good processing knowledge of accounting.
• Responsible for all aspects of day-day accounting for 1 or more assigned clients.
• Coordinating with IT/Clients on enhancing, reporting and development of standardization/automation in process.
• Establish good working relationships with all the stake holders, like clients, team members etc.,
• Ensuring service level agreements, memorandums and client delivery summaries are maintained.
• Maintaining & updating the Desk procedures, process manuals and process maps.
• Update & monitor the Submodules in StavPay (Add any contracts that come through on a day-to-day basis, as well as monitor contracts that are expiring to make sure we get appropriate approval to either renew, or cancel)
• Identify exceptions and variances affecting accounting records and communicating same to client and assisting in their resolution. Participate in special projects to enhance accounting operations and reporting processes.
• Reconciliation and Reporting.
• Cash Vouching: -Each Week, we would like you to vouch the prior week’s payments to validate payments were made in accordance with our instruction.
• Develop a process to reconcile StavPay to each global offices ledger system.
• Payment process handling & Allocating invoices as per the payment batches.

Required Competences- Must Have Skills
• Commerce Graduate with minimum 7+ Years of experience in Finance/Accounting.
• Experience in invoice and vendor management along with resolving queries, and Invoice reconciliation (P2P Process).
• Proven work knowledge to manage payment reporting and reconciliation activities
• Excellent verbal and written communication skills.
• Intermediate knowledge of Excel (Pivot Tables, VLookup, etc.)
• Ambitious individual who can work under their own direction towards agreed targets/goals
• Taking personal ownership for customer issues whilst pursuing all avenues to ensure a satisfactory resolution
• Strong interpersonal and diplomacy skills, positive attitude and teamwork driven
• Strong willingness to learn new processes, dive into challenges
• Exhibit a superior level of total customer service and satisfaction for both internal support groups and external customers
• Effective time & prioritization management
• Actively seek new ways to help improve process and propose changes to improve the quality of service delivered and reduce costs
• A reliable, loyal and trustworthy individual who demonstrates a high degree of integrity

Expertise Competences- Good To Have Skills
• Investment Banking / Capital Markets experience (Big Plus)
• Knowledge of Accounting Systems like QuickBooks, Sage 300, Dynamics 365, VM, Geneva etc.

Work Location Bangalore

Working Hours USA EST Time or USA PST Time (IST +.00pm To 6.00am Night Shift