Senior Accounts Associate

Department: Escalon Mohali Office

Employment Type: Full Time

Location: Escalon Mohali Office

Description

What You’ll Do:
Managing client accounts, preparing reports, and other accounting activities. Other functions include acquiring, processing and registering clients’ invoices using various accounting software and systems. He/she will execute the necessary accounting tasks, such as reconciling accounts, as well as preparing accounting reports and facts in accordance with enacted processes and guidelines. This role also includes collating monetary data and maintaining accounting journals.

Day-to-Day Responsibilities also include:

Prepare Financial Reports
Identifies problems and changing requirements regarding management needs, auditing, and other fiscal procedures, account structures or reports, and accounting systems.
Provide Basic Accounting Support to Clients
Reviewing their financial statements for inaccuracies and monitoring financial activity.
Keep Track of and Verify Accounts Payable and Receivable
Managing and building team & Proactive Client communication.
Preparations of various Reconciliations - Bank, Cash, AP, AR, and Inter company.

What You'll Bring

Must Haves:

Candidate must have more than 3 years of accounting experience (Preferably from KPO background)
Must be a graduate or postgraduate in a commerce stream
Must have working Knowledge in Accounting Software
Must have excellent knowledge of MS-Office, including V Lookups and pivot tables in Advance excel
Must have good written and verbal skills.

Nice to Haves:

KPO Background

More about us:

Escalon Services is a Business Process Management (BPM) company that provides Essential Business Services (EBS) through a tech-enabled platform to small- and medium-sized businesses (SMBs) and startups. The Company enables its clients to spend less time on "back office" functions and provides the value and insight that enables clients to spend more time focusing on delivering value and moving their businesses forward. With a US-based remote workforce and global delivery team in India, Escalon’s solution fills a widening service gap in the SMB market, underpinned by (i) increasing demand for quality insights in an increasingly competitive marketplace (ii) decreasing supply of CPAs and quality in-house talent and (iii) the cost frictions associated with scaling internal back-office teams as businesses grow. For more information on Escalon: https://escalon.services/

Since founding, the company has executed both on an organic and M&A strategy to expand service offerings and drive revenue expansion opportunity through cross-sell/up-sell. Before partnering with New Harbor Capital in late 2022, Escalon completed two significant acquisitions which tripled the revenue of the company and expanded the FinOps capabilities of the platform. Continued corporate development is a key value driver for the business going forward, with a highly fragmented market of service providers, often individually unable to scale due to lack of technology-enablement and offshore capabilities.

In late 2022, New Harbor Capital made a growth equity investment in Escalon Services.

About New Harbor Capital

New Harbor Capital is an experienced, lower middle-market private equity firm that seeks to partner with growth-minded, founder-owned companies. Based out of Chicago, New Harbor Capital is committed to optimizing the growth potential of its portfolio companies while respecting their long-term visions. The firm was founded on the belief that mutual respect and collaboration lead to successful outcomes. New Harbor recognizes the importance of finding the right partner, and the firm is committed to helping its portfolio companies and their leadership maximize both personal and financial goals.

As a strategic partner, New Harbor taps into decades of experience to guide businesses through challenging economic cycles and market conditions. New Harbor Capital has raised over $750M in capital across three funds and focuses on tech-enabled services, healthcare, and education services.

What You'll Bring

More about us:

About Escalon Services, LLC.