Sr. Management Accountant

Work Model

• Education -- M.com/ MBA/CA/ACCA

• Location: Ahmedabad/Noida/Mumbai

• Model: Hybrid (UK Shifts only)

• Shift Timings: 12:30PM-10PM IST/1:30PM-11PM IST

Designation | Senior Accounts Officer – Management Accounts (UK) | Work Location | Ahmedabad, Noida
Hybrid
---|---|---|---
Reports to | Manager - Operations | Department | Finance & Accounts
Company Overview | At QX Global Group, our purpose is to Enable Transformation for our clients through bespoke solutions driven by the right combination of People, Process, and Platform. We take pride in supporting organizations across diverse industries with expertise built over two decades. We believe our people are the true engine of our success. Since 2003, this philosophy has guided how we develop future-ready talent and deliver exceptional value through our integrated ecosystem of consulting, digital technologies, and business process management. With 21 offices across 12 countries and 7 delivery centers in India , 3300+ QXites work closely with 100+ enterprise clients , including Fortune 500 companies — gaining global exposure, innovation opportunities, and cross-border collaboration. As a people-first organization, we continuously invest in AI upskilling, automation capabilities, and digital learning. Through initiatives like the QX AI Lab , our teams build new-age skills and stay ahead in a rapidly evolving world. We are proud to be a Certified Great Place to Work™ , fostering a culture where individuals grow, lead, and thrive. At QX, we don’t just build careers — we build empowered, future-ready professionals.
Position Overview
Senior Accounts Officer – Management Accounts (UK) is responsible for managing comprehensive accounting functions for three properties, including Accounts Payable (AP), Treasury, Record-to-Report (R2R), and entity-level accounting, ensuring accurate and timely financial deliverables.
Essential Duties and Responsibilities
A) Accounts Payable

• Along with the Accounts Payable team, maintaining the entire Purchase Ledger function efficiently
• processing of invoices on daily basis.
• Resolving & responding to queries from suppliers & UK finance team
• Satisfy the overall team objective of settling the Company’s liabilities on a timely and accurate basis and as per agreed service levels and agreed KPI targets.
• To maintain Purchase Ledger / supplier accounts and perform the bank and supplier statement of account reconciliation on timely basis
• Resolution of all invoicing queries via email/phone for supplier accounts.
• To process the weekly supplier payment.
• To chase for missing invoices with the suppliers. To support on any adhoc reports/audit queries of the client.

B) Treasury

• Uploading direct bank transfers on student transactions software and e-mailing site staff for that.
• Performing the bank and income reconciliation on timely basis.
• Preparation of deposit management and performing the deposit reconciliation and processing of refund on timely basis.
• Posting bank transfer form onto Bankline , Accordingly making entries on relevant software of the client.
• Bank reconciliation on daily basis. Performing the reconciliation between the different software for the student records to corroborate that the balances are same on different platform. In case of discrepancy highlight the same to the client.
• Communicating with Site staff over phone/MS teams / Email for issues relating to students receipts & refunds, sales invoicing and query resolution on day to day basis. Use application & MS excel effectivel.
• Review of the contracts and raising the Sales invoices accordingly
• Communicating with Site staff over MS teams / Email for issues relating to students receipts & refunds, sales invoicing and query resolution on day to day basis - flexibility to meet client expectations and Manager's expectations

C) Monthend reporting- Management Accountant _PREPARATION OF MANAGEMENT ACCOUNTS BY ACCOMPLISHING THE FOLLOWING TASKS :-_ 1) Prepayments

• Amortize the prepaid based on period of service for the expenses - for both New & Existing invoices by recording the Journal entries.
• Update the prepayment schedule in MACs with new entries recorded for the month and amortize accordingly.

2) Accruals

• Reversal of Old accruals, after they are closed, rejected or invoice received.
• Provision of New Accruals based on PO's pending invoice booking in the current month.
• Update the Accruals schedule

3) Processing Month End Transaction entries

• Landlord Payment entries and Inter site & Inter Company Recharge between group entities.
• Rental revenue entries.
• Payroll entries and accruals.
• Other Journal entries

4) Nominal Ledger Scrutiny to ensure the foll :-

• Nominal Ledger Scrutiny of all the Nominal Account codes to ensure that the transactions are accurately recorded in that month.
• To review, there are no duplication of expenses recorded in that month.
• The Prepayments are properly released in that month.
• The accrual entries are properly recorded and reversed in the subsequent months.
• There is no omission of any particular expense in that month

5) Roll forward of Management Accounts Template 6) Run the Trial Balances - Monthly, Year to Date & upto previous year end 7) Run the Nominal Activity report (for site review in CSV format) 8) IN DEPTH VARIANCE ANALYSIS (COMMENTARY UPDATES BY A MAC PREPARER BASED ON THE VARIANCE ANALYSIS CRITERIA) 9) PREPARATION OF Reporting Packs for clients which involves preparation of Funding statement, cashflow projections & commentary on the Varainces on P&L; statement 10) Preparation & Update Of Forecast On Quarterly Basis. 11) Preparation of Balance Sheet of clients on monthly basis & to ensure they are no reconciling items standing on the B/s. All the odd issues/balances to be resolved 12) Working on preparing the files for Audit queries from the Auditors of the Clients. 13) Single point of contact for the Accommodation Managers , Operation Managers , Finance Managers & 3rd party clients 14) Deposit management- on timely basis performing the reconciliation of deposit management and refunding the same as and when due
Key Success Measures

• Customer – Customer Satisfaction, Associate Retention and Attraction
• Financial – Reduced cost-to-serve/optimization, Profitability improvement
• Operationa l – Defined Structure, Improved Employee Value Proposition
• People – Higher associate engagement, lower attrition

Skills & Experience

• 4 to 6 years experience working as an Senior Accountant / Management accountant, experience working with hotels or student Accommodation Company will be an added advantage.
• Experience of using XERO/Agent OS accounting software will be an added advantage
• Ideally have worked in a multi site high volume high transaction environment.
• Brilliant Communication skills.
• Excellent Client Management Skills
• Experience of working in a dynamic and challenging environment and ability to prioritise tasks.
• Able to organise and co-ordinate with the team including dealing with performance and development issues.
• Problem solving skills.
• Ability to work independently on strict deadlines
• Sound accountancy experience and knowledge
• Ability to use initiative, manage own workload and manage conflicting priorities.
• Lateral thinker and problem solver.
• Articulate, energetic and resilient.
• Strong attention to detail but at the same time a change orientated mind-set.
• Experience of using various accounting software packages and reporting tools.
• Excellent Computer skills specially excel skills
• A proven track record of continuous improvement in a changing environment.
• Credibly communicate expectations and issues clearly, possess a strong team ethos and rigorous approach.
• Stable employment track record and long term commitment.
  Note: Previous experience of having worked for a UK based BPO/KPO will be an added advantage