Job
Description
About KPMG in India KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada. KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment. Master’s degree in accounting or other related disciplines 4+ years of full-time experience Key responsibilities Assist in finalizing contractual and engagement terms and ensure seamless coordination with the partners and group controlling team. Generate customer invoices from the billing tool in alignment with contracts and agreed terms of engagement. Perform debtors ageing and escalate overdue accounts following the escalation matrix. Perform cash application of the AR invoices and ensure all the transactions are settled during the period. Support timely collections by assisting in regular follow-ups with the group entities. Track key operational metrics, analyze performance trends, and generate actionable insights for process improvement. Investigate and document routine discrepancies in the OTC process. Ensure comprehensive documentation and adherence to internal policies and controls and SOX compliance requirements. Support internal, statutory, tax and other auditors by addressing audit queries. Identify and recommend opportunities for automation of processes driving operational excellence. Skills required Extensive experience in executing and managing end-to-end OTC cycle including billing calculations, invoice generation basis the contractual terms, payment collections, and account reconciliations with group entities. Proven ability to manage timely billing in alignment with customer contracts and organizational policies. Strong understanding of internal controls, compliance frameworks, and strict adherence to SLAs and KPIs. Collaborative team player with ability to perform under pressure while maintaining high standards of quality and efficiency. Familiarity with banking processes (offline and online), SWIFT codes, etc. Analytical mindset with demonstrated expertise in OTC reporting and routine problem-solving. Proficiency in ERP systems like MSBC, Power BI, billing modules and Microsoft Office Suite. Excellent verbal and written communication skills for effective stakeholder engagement. Sound knowledge of the relevant GAAP/IFRS. Certifications will be considered as an added advantage. Certifications like Lean and Six Sigma are desirable. Professional qualifications like CA/CPA/ACCA will be preferred. Equal Opportunity statement KPMG India and CISC have a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India and CISC value diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you. Show more Show less
