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Shared Service Accounting Head - India Finance

Sapphire Digital

Sapphire Digital

Accounting & Finance
Hyderabad, Telangana, India
Posted on Tuesday, September 12, 2023

Position Overview:

We are seeking a highly skilled and experienced Accounting Head to join our India team. He/she will be responsible for overseeing the Accounts Payable, Accounts Receivable, Accounting, and Procurement teams within the shared service center. The role involves managing day-to-day operations, ensuring accurate and timely financial transactions, and fostering collaboration among team members. The ideal candidate should possess strong leadership skills, financial expertise, and a proven track record in process optimization.

KEY RESPONSIBILITIES

  • Lead and oversee all shared service accounting functions, including Accounts Payable (AP), Accounts Receivable (AR), and Procurement, ensuring alignment with company standards and financial regulations.
  • Develop and implement strategies to enhance shared service accounting efficiency, accuracy, and cost-effectiveness and collaborate with cross-functional teams to facilitate seamless financial operations and information flow between departments.
  • Maintain a strong focus on internal controls and compliance, ensuring that all financial transactions adhere to established policies and regulations and regularly review and assess shared service accounting processes, identifying areas for improvement and implementing best practices.
  • Prepare and present reports on shared service accounting performance, financial metrics, and key performance indicators (KPIs) to senior management.
  • Collaborate with vendors and internal stakeholders to resolve payment-related queries and discrepancies and implement process improvements to enhance the efficiency, accuracy, and timeliness of AP processes.
  • Oversee the AR team's activities, including invoicing, cash application, and collections, and ensure timely and accurate posting of customer payments and resolve any discrepancies.
  • Collaborate with Sales and Customer Service departments to address customer billing inquiries and develop and enforce credit and collection policies to minimize overdue accounts.
  • Manage the Procurement team's activities, including vendor management, purchase order processing, and contract negotiations, and monitor procurement processes to ensure compliance with purchasing policies and budgetary constraints.

Leadership and Collaboration:

  • Provide strong leadership and guidance to cultivate and sustain a high-performing shared service accounting team and foster a culture of continuous improvement, teamwork, and professional growth among team members.
  • Recruit, train, and develop top talent within the shared service accounting department, ensuring a skilled and motivated workforce and setting clear performance expectations, conducting regular performance evaluations, and providing constructive feedback to drive individual and team growth.
  • Promote knowledge sharing and collaboration within the team, encouraging innovative problem-solving and cross-functional cooperation. Act as a mentor and role model for team members, inspiring them to excel in their roles and pursue professional development opportunities.
  • Collaborate with HR and talent acquisition teams to identify and attract top accounting and finance talent to strengthen the shared service accounting team.
  • Implement performance metrics and KPIs to track team performance, identify areas for improvement, and participate in cross-functional meetings to provide insights on financial operations and contribute to strategic decision-making.

EDUCATION AND professional experience:

Required:

  • Bachelor’s degree in Accounting, Finance, or a related field; CPA or relevant professional certification preferred.
  • 10+ years of progressive experience in accounting, including supervisory or managerial roles.
  • Strong understanding of AP, AR, and procurement processes, as well as generally accepted accounting principles (GAAP).
  • Proficiency in ERP systems and accounting software; experience with process automation tools is a plus.
  • Excellent communication, leadership, and interpersonal skills.
  • Analytical mindset with the ability to identify process bottlenecks and implement solutions.
  • Demonstrate a strong work ethic.
  • Exhibit strong corporate communication skills.

work environment:

  • Expectation to work primarily in the Zelis-India office on a regular basis (minimum 3 days a week)

If you have a passion for finance and a deep understanding of accounting principles, we encourage you to apply for this exciting opportunity. We offer competitive compensation packages and opportunities for career growth within our organization.

As a leading payments company in healthcare, we guide, price, explain, and pay for care on behalf of insurers and their members. We’re Zelis in our pursuit to align the interests of payers, providers, and consumers to deliver a better financial experience and more affordable, transparent care for all. We partner with more than 700 payers, including the top-5 national health plans, BCBS insurers, regional health plans, TPAs and self-insured employers, over 4 million providers, and 100 million members, enabling the healthcare industry to pay for care, with care. Zelis brings adaptive technology, a deeply ingrained service culture, and a comprehensive navigation through adjudication and payment platform to manage the complete payment process.

Commitment to Diversity, Equity, Inclusion, and Belonging
At Zelis, we champion diversity, equity, inclusion, and belonging in all aspects of our operations. We embrace the power of diversity and create an environment where people can bring their authentic and best selves to work. We know that a sense of belonging is key not only to your success at Zelis, but also to your ability to bring your best each day.

Equal Employment Opportunity
Zelis is proud to be an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

We encourage members of traditionally underrepresented communities to apply, even if you do not believe you 100% fit the qualifications of the position, including women, LGBTQIA people, people of color, and people with disabilities.

Accessibility Support

We are dedicated to ensuring our application process is accessible to all candidates. If you are a qualified individual with a disability or a disabled veteran and require a reasonable accommodation with any part of the application and/or interview process, please email TalentAcquisition@zelis.com

SCAM ALERT: There is an active nationwide employment scam which is now using Zelis to garner personal information or financial scams. This site is secure, and any applications made here are with our legitimate partner. If you’re contacted by a Zelis Recruiter, please ensure whomever is contacting you truly represents Zelis Healthcare. We will never asked for the exchange of any money or credit card details during the recruitment process. Please be aware of any suspicious email activity from people who could be pretending to be recruiters or senior professionals at Zelis.