Team Lead

Company Description:

IQ BackOffice is a Business Process Outsourcing company in the Finance & Accounts Domain. Headquartered in California, USA, we have offices in India as well as Philippines.

Role Description

This is a full-time remote role for a team Lead - Operations at IQ BackOffice India Pvt Ltd. This is a work from office role based in Ambattur, Chennai. The work timings will be US timings (PST).

The Team Lead will manage the day-to-day activities of the team ensuring optimal use of resources, accurate output, and performance by productive team members. They are required to communicate with clients to resolve day-to-day issues, and ensure that the team is appropriately and promptly informed on changes that impact the processing of transactions and provision of service. The team lead will manage a team of 10 to 15 team members.

The Team Lead's primary roles and responsibilities include but not limited to :

• Oversee daily and month-end close tasks (various closing activities, for example: opening a new accounting period, uploading payroll data into GL, closing sub-ledgers, preparing and posting journal entries, reviewing P&L accounts, fixed asset activities, closing GL, financial reporting, as well as cash forecasting, balance sheet account reconciliation, and overseeing inter-company processes)
• Oversee and support the team on reconciliation of bank accounts to ensure that transactions are recorded accurately
• Approve journal entries and accounting classifications as needed to complete the financial close each month and report the cash accurately
• Execute and enhance controls over R2R processes (reconciliations & financial reporting)
• Responsible for delivering the agreed-upon scope of work and performing and supervising tasks
• Work closely with the client and maintaining a good working relationship
• Be the single point of contact (SPOC) for the client delivery
• Work on stringent deadlines and extended hours during quarter and month-ends
• Train new team members

EDUCATION & WORK EXPERIENCE REQUIREMENTS

• Any graduate or post-graduate in Finance, Accounting, Business Management, or related courses
• Excellent understanding of Accounting principles, practices, and procedures
• Sound knowledge of AP, AR, and GA processes with transition and implementation experience as an added advantage
• Minimum 6+ years’ experience in an FAO or related business
• Experience in ERP/Accounting systems
• Minimum 2 years of managing a team (people management experience) in a similar industry

OTHER REQUIREMENTS

• Excellent English communication skills (written as well as spoken)
• Willing to work US working hours
• Exposure to quality concepts will be an added advantage
• Proficient in MS Office Suite especially Excel

Compensation Range offered : 9 to 12 Lakhs per annum