Citco India | Finance.Analyst Accounts Payable

Responsibilities

• Ensure correct tax/VAT rates are input into Oracle.
• Prepare and send electronic and manual check payments.
• Research and resolve any outstanding vendor balances on accounts, including telephone, mail or email communication with vendors.
• Manage accounts payables as part of the month end closing process.
• Reconcile supplier statements to the supplier ledger balances.
• Manage supplier credit terms to maximize cashflow while ensuring timely payments of invoices.
• Assist with variance analysis between budget and actual.
• Maintain accurate vendor details including payment information.
• Create and ensure procedures are being adhered to and kept up-to-date.
• Identify, document and execute process improvement strategies.
• Review and audit of employee expense reports.
• Manage employee corporate credit card balances and related expenses.
• File and maintain financial information, files and records (e.g. invoices, payments, receipts) in an orderly manner on a regular basis.
• Liaise with various internal offices and employees.
• Assist in the annual external and internal audits.

Requirements

• Excellent written, verbal and inter-personal communication skills
• Ability to work with all levels of staff and management
• Proficient in Microsoft Office with good use and knowledge of Excel
• Working knowledge and experience with Oracle EBS an advantage

Citco

Founded in 1948 by A.A.G. Smeets, Citco first worked for private clients and multinational companies in the years after the Second World War, and launched its fund administration business in 1968. The group, whose parent company is The Citco Group Limited, has been majority independently owned since its start. It now serves alternative asset managers, asset owners, investors, banks and corporates with fund administration, middle office, banking, tax and regulatory, corporate secretarial and entity management services. In India, Citco has offices in Mumbai (Powai), Pune (Kharadi) and Hyderabad, where its Center of Excellence was launched in 2021 and moved into a permanent office in Knowledge City in 2023.

Citco's finance roles in India, in Hyderabad, Mumbai and Pune, centre on fund services: fund accountants for hedge funds, private equity and real assets (including property accounting), financial reporting accountants and team leads, operations and risk analysts, and supervisors up to vice president. It also hires for its own corporate finance, such as general ledger, accounts payable, payroll and finance systems support, as well as corporate secretarial work and CMA Inter internships. Postings usually ask for a degree in accounting, finance or economics, and several name CA, CPA, ACCA, ACA, CIMA, CMA or CFA, or study towards one.

• Industry: Asset servicing for the alternative investment industry: fund administration, middle office, banking, tax and corporate services
• Headquarters: The Citco Group Limited, a privately held group with offices worldwide
• In India: Citco Shared Services (India) Private Limited (Powai, Mumbai) and Citco Group Services (India) LLP (Kharadi, Pune, with a branch in Knowledge City, Hyderabad)