Sector
IT-ITES
Keyword

Finance Associate

Accounts Associate

Minimum Preferably Bachelor?s Degree in any discipline

Certified training for Associate Transactional F&A (programme aligned to SSC/ Q 2301 released by IT - ITe

S SSC NASSCOM)

Minimum work experience/internship of 0 - 2 year in accounts payable/receivables roles

The tasks an Associate - Transactional F&A is expected to perform include: Managing simple transactional and financial activities

Recording and reporting all the financial transactions of the business

Analysing the financial transactions regularly within stipulated time

Maintaining customer accounts

Generating and processing timely payments of invoices, credit notes and claims

Receiving payments and applying payments to relevant invoices

Dealing with queries at the accounts receivables and payables helpdesk

Providing data/information in standard formats

Knowledge of guidelines, procedures and rules to carry out transactions effectively

Skilled at resolving common issues regarding invoices, travel and expenses claims, etc.Knowledge of different codes, coding structures and code blocks for vendors, accounts and tax purposes, etc.Efficient in preparing batches of invoices and claims for pay-run

Proficient in solving queries regarding accounts payables, accounts reconciliation and non-receipt of payments, etc.Skilled in handling wrong and delayed payments and improving future performance

Certifications/courses/trainings on MS-Office (Power

Point, Excel), accounting standards etc.

Good communication skills

Analytical skills

Attention to detail

Logical thinking

Ability to work independently or in teams

Result-oriented

It is a desk job

Need not supervise a team

Local travelling is not part of this job role

Part-time work and contractual jobs are not available

Work from home option is not available

Working hours

Companies usually work for 5 days a week and 8 to 9 hours everyday. This may vary from company to company

Overtime maybe required

Shift working may predominantly not be available

Is the job suitable for a candidate with special needs?Yes

This job is not considered hazardous or dangerous

One may develop occupational hazards like poor eyesight, lethargy, joint pain, obesity, etc. if not taken care of

For frsher 12,000 to 15,000 per month

For candidates with experience ?50,000 to 90,000 per month

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Growth of IT Sector in India

According to a report on Human Resource and Skill Requirement in the IT and ITES Industry, by NSDC, the IT service spending is expected to increase to US $ 1.5 to 1.7 trillion till 2022. Out of this the global market research and analytics segment is expected to worth US $ 60 billion with an outsource component of US $ 25 to 30 billion. A lot more areas are likely to witness KPO activity spanning patent advisory (in addition to patent filing/documentation), high-end research and analytics, online market research, and legal advisory. It is expected that the share of IT and ITES would change from about 75% and 25% respectively to about 60% and 40% respectively, indicating an increasing share for the ITES (BPO/KPO) segment. Based on the trends witnessed in productivity and the likely growth potential of the IT and ITES industry, it is expected that the industry would employ about 7.5 million persons directly by 2022.

As a sub-sector of the IT sector, the Indian business process management industry has experienced key transformations over the past few years, gaining experience, maturity and gravitating towards higher-end services. This has broadened the ambit of the services that the BPO industry currently provides. In order to meet the global standards and demands, the Indian finance sector needs ample qualified workforce, thus creating diverse employment opportunities for Associate Transactional F&A in many major and developing cities across the country.

http://www.nasscom.in/

Cities across India