Job Description

Job description: CACTUS is a remote-first organization and we embrace an accelerate from anywhere culture. For this critical role, we are looking for the candidate to be based in Mumbai. You may choose to work from home in Mumbai; however, you will be required to travel to our Andheri East office twice a week for business requirements, meetings, or company/team events, or on short notice as needed. We are seeking a highly skilled Analyst for our Revenue Assurance team to play a key role in ensuring the accuracy and integrity of revenue assurance operations processes. This role requires accounting day to day transactions, periodic reconciliation activities and driving process improvements in collaboration with various teams. Additionally, the candidate will work with the team to establish and maintain appropriate internal financial controls and provide critical support during audits. The ideal candidate will have 2-4 years of hands-on experience with revenue assurance operations, basic understanding on application of governing accounting standards, strong expertise in accounting principles and working knowledge of Oracle AR module accounting software. Job responsibilities:

• Oracle system AR Module

• Act as a subject matter expert for the Oracle Accounts Receivable (AR) module.
• Perform month-end and year-end closing activities within Oracle Fusion, ensuring all revenue data is correctly captured and reported.
• Support system enhancements, automation, and optimization of revenue processes.
• Assist in data migration, porting, and integrations across financial platforms.
• Month-End / Year-End Period Close

• Drive month / year end close process with accuracy and completeness.
• Managing complex transactions for accurate accounting and reporting
• Ensure accuracy in manual workings and subsequent revenue recognition as per governing accounting standards.
• Appropriate accounting treatment of transactional charges, forex, etc.
• Reconciliations

• Ensure accurate reconciliation of AR balances across CRM, out-of-CRM and Oracle Fusion
• Investigate discrepancies and implement corrective measures
• Independently design and implement new reconciliation processes as needed focusing on automation to minimise manual effort.
• Perform monthly reconciliation of tax invoices with the revenue register and address discrepancies promptly.
• Process Improvement and Project Management

• Identify opportunities for process enhancements and lead initiatives to enhance revenue assurance operational processes and drive efficiency.
• Collaborate with cross-functional teams to implement and test new processes and systems
• Internal Controls, Compliance and Audit Support

• Establish and maintain internal financial controls to safeguard company assets and ensure accuracy in financial reporting.
• Implement detailed SOP to establish clear processes and ensure consistency across operations
• Provide comprehensive support for internal and external audits
• Ensure compliance with statutory and legal requirements in revenue reporting including ad-hoc cross functional reporting needs
• Contribute to sub process within AR team independently like Tax certificate collections, Balance Confirmations etc
• Others

• Exercises judgment in selecting methods, techniques and evaluation criteria for obtaining results.
• Capable of managing queries beyond the scope of function.
• Provide assistance in implementing strategic initiatives.
• Manage day-to-day operational tasks

Qualifications and prerequisites: Qualifications and Prerequisites

• M.Com / Inter CA (CA final dropped out) with 2-4 years