Job Description

About Azentio:

Azentio Software incorporated in 2020 at Singapore, has been carved out of 3i Infotech, Candela Labs, Beyontec Technologies and Path Solutions. Azentio Software provides mission critical, vertical-specific software products for customers in banking, financial services and insurance verticals and includes key products such as KASTLE(TM) (Universal Lending), AMLOCK(TM) (Anti-Money Laundering & Compliance software suite), PREMIA(TM) Astra (Core Insurance software), ORION(TM) (Enterprise Resource Planning software) and MFUND Plus(TM) (Asset Management platform). Azentio has over 800 customers in more than 60 countries, with a team of over 2,300 employees across offices in 12 countries (and growing) globally and is wholly owned by Funds advised by Apax Partners.

Azentio Software provides mission-critical solutions to the Banking, Financial Services, and Insurance (BFSI) industry. Our MFund Capital Markets platform delivers cutting-edge tools and services to streamline capital market operations and help clients navigate the complexities of trading, risk management, and compliance.

Azentio offers a comprehensive range of products - serving core operations to modern digital needs - for the financial services industry. Our deep domain knowledge and solutions in financial services extend across insurance, retail and corporate lending, Islamic Banking, anti-money laundering and asset management. In addition, Azentio proudly serves mid-market enterprises across the Middle East, Africa, Asia Pacific, and India with a comprehensive ERP solution.

At Azentio, we believe that growth is a continuous journey. We believe that each step of this journey must be taken by committing to excellence - excellence in our products, our services, our ideas, and our people.

Job Title:

Manager - Revenue Recognition & Accounts Receivable

Years of Experience:

6+ Years

Location:

Ghansoli, Navi Mumbai

Role Summary:

The candidate will be responsible for reviewing the customer contracts, identifying the payment and revenue milestones, ensuring the correct and complete revenue recognition in the reporting period, ensuring the timely closure of revenue on monthly basis, closure of audit for revenue and AR with Big4 for all Group entities. This role will also require interaction and dialogue with other department/stakeholder to complete their task smoothly within and outside finance. He should have the ability to quickly and accurately supply the required information. Candidate should be self motivated and go-getter. He/She should be able to manage the team of 3-6 people.

What will you do?

Reviewing of customer contracts and prepare a summary of the same to identify the billing and collection milestones, taxes etc. Validation and tracking projects, business plans and commercial strategies for maximizing profitability and revenue generation in line with corporate goals, Ensuring the calculation and recognition of revenue in the correct reporting period at correct value, Ensuring the closure of monthly revenue reporting on time alongwth schedules - Working day 3, Ensuring the invoicing within agreed TAT, Getting the audit done from Internal and External auditor for Revenue and AR related area, Liaison with business teams to get the inputs, Ensuring revenue accounting on timely basis, Tracking and improving the DSO, Tracking of AMC revenue, invoicing and expiry of contracts, Ensuring the correct cost capturing in POC workings, Ensuring the correct recording of time sheets and cost in the ERP, Preparation and Maintenance of Revenue, Unearned and AR schedules. Review the accounting entries and approve the same on timely basis.

What skills required?

Qualified CA with an experience of 6+ years, Experience of getting the audit done from big 4 firms will be an added advantage, Candidate should have an exposure of working with Industry/ Corporates. Sound knowledge of revenue recognitions concepts, Strong working experience on Microsoft Excel, Good verbal and written business English communication skills, SAP/Netsuite working exposure is an additional advantage.

Personal Attributes & Experience

Inspire and collaborate - Inspires others to stretch beyond their capability and acknowledges their efforts and accomplishments, Decision Making - Empower local reports to make important decisions appropriate to their level, Execution - Ability to adapt and redirect priorities and goals in response to changes in business requirements. Collaboration - Ability to coordinate across functions in particular with Accounts, Finance, Consulting team to address issues and optimise his and their team performance.

What we Aim for?

Azentio aims to be the leading provider of Banking, Financial Services & Insurance (BFSI) & Enterprise Resource Planning (ERP) software products in Asia Pacific, Middle East & Africa & United States. We will achieve this by:Providing world class software products, built on the latest technologies. Providing best in class customer service, built on a deep understanding of our domains and local nuances. Being an employer of choice, attracting high quality talent. Achieving top quartile growth and margins.

Azentio Core Values:

We work as one,

Collaborate

without boundaries, and win together.
We work with

Uncompromising Integrity

and

Accountability.

Customer

is at the core of all that we do.
We are

Diverse and Inclusive

. We treat our people, our customers and our wider community
with

Respect and Care.

We

Innovate

, we

Excel

and we

Grow Together

.
We

Give Back

to our communities through our business and our people.
We take

Pride

in all that we do and together we

Enjoy

the journey