• OTC Analyst

Industry : IT
Location : Pune
Experience Range : 3 - 5 Years
Qualification : Any Graduate
Not active

Functional: IT- Hardware / Telecom / Technical Staff
Job Description
About Us :
Since 1997, Magna Infotech has been a leading provider of Technology Staff Augmentation and Solutions in the Indian Subcontinent. The only staffing company with Industry-Focused Verticals, Magna provides its customers with a comprehensive Talent Management solution specific to an industry, geography or business purpose. Our 10,000+ associates are proficient in 500+ skill sets, across multiple industry sectors. They are ably supported by sophisticated internal tools, an industry-leading fulfilment engine and an unparalleled associate engagement and support framework. For associates and employees, we offer an enriching experience that promotes career growth and lifelong learning. With a customer base of 250+ companies, it’s our constant endeavour to be recognized as a “partner-of-choice".
About Company :
www.magna.in
Roles and Responsibility :
  • Cash Application EVO/FCH/VHA & OTC/FCH Analyst
  • Daily cash position reporting & variance analysis
  • Maintain and create cash flow projections
  • Monitor and flag any revenue leakages with E-top up customer
  • Schedule meetings with stakeholder and assess/place controls where necessary
  • Perform ad hoc analysis of cash transactions and forecasts
  • Perform cash transfers between accounts and companies
  • Manage netting across ledger
  • Daily receipt clearing and Manage and reconcile daily customer cash receipts and Bank GL account
  • Adhere to SOX controls and guidelines and flag potential risks
  • Maintain regular and detailed interaction with accounts payable accounts receivable cost functions for analytical and process support
  • Perform MEC activities related to Balance Sheet reconciliation
  • Forecasted incoming payment performance with minimum variance
  • Highlight defaulting accounts with an understanding of trends
  • Streamline and gain efficiency in billing disputes
  • Analyze the root cause of problems by exploring relevant & timely information from multiple perspectives and at various levels of detail
  • Knowledge of Credit management process
  • Completed daily volumes of invoicing/Billing
  • Manage billing related queries
  • Monitor and flag any revenue leakages
  • Prepare periodical Debtors ageing trial balance report
  • Daily follow ups via phone and e-mail and Month end AR reports
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