Analyst, Financial Operations

Magnit Global; Bengaluru; On-site; INR 600,000 - 800,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Retirement planning

Employee discounts and perks

Job summary

Magnit Global is seeking an Analyst, Financial Operations in Bengaluru to prepare invoices and resolve billing inquiries. You will work with the Vendor Management System and Excel, ensuring accurate reporting and data reconciliation across ERP systems.

The role requires analytical thinking, strong communication, and ability to collaborate across time zones. You will contribute to process improvements, maintain billing documentation, and support client expansions as needed.

Qualifications

• 2 years of work experience in an accounting/financial services role.
• Fluent written and spoken English.
• Able to interpret a variety of instructions furnished in written, oral, and diagram or schedule form.
• Able to work independently and in a multi-time zone team.

Responsibilities

• Produce monthly timecard data and create preliminary invoices.
• Create and validate client invoice reports using VMS and Excel.
• Enter data into VMS and Excel accurately.
• Reconcile data between VMS and ERP (PeopleSoft).
• Follow up and resolve unpaid items with stakeholders across time zones.
• Maintain operating manuals and checklists for billing processes.
• Identify concerns and escalate with proposed solutions to mitigate risk.
• Ensure data is well organized and audit-ready.
• Prioritize workload to meet deadlines while maintaining quality.
• Build relationships with key contacts and provide training materials.

Skills

Analytical mindset

Customer service

Multitasking

Fluent English

Attention to detail

Time-zone collaboration

MS Office proficiency

VAT/GST knowledge

Education

Bachelor’s Degree in Commerce/ Business Management/ Business Administration Finance or Commerce

Tools

Excel

Outlook

Word

PowerPoint

Job description

Who We Are

Magnit is the future of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnit's integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization’s contingent workforce management, talent strategy and broader organization goals. At Magnit, you’ll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.

Magnit Global holds a unique place within the contingent workforce industry – we operate as a managed service provider for some of the biggest names in the world, delivering an end-to-end solution for them to ensure the smooth sourcing, onboarding, management and reporting of their contingent workforce. Our Financial Operations Team is crucial to ensuring our Client’s consolidated invoicing process operates smoothly and efficiently.

The Analyst, Financial Operations is responsible for the accurate preparation of invoices and resolution of billing/ invoicing related queries for their allocated client group. Under the direction of the Manager of Financial Operations and with support from the Lead, Financial Operations, the Analyst will develop excellent knowledge of our Vendor Management System, and supporting Client Services colleagues to help them to utilize the software from a billing/ invoicing perspective.

The Analyst will also provide ad hoc support to the rest of the Financial Operations department when required and assist on client expansions when necessary.

Primary Responsibilities

• Produce monthly timecard data and create preliminary invoices;
• Create and validate accurate client invoice reports using the VMS and Excel;
• Enter data into VMS and Excel accurately;
• Reconcile data between VMS and ERP (PeopleSoft);
• Actively follow up and resolve unpaid/ open items, maintaining weekly communications with the Financial Operations Management team and onsite Client Services team regarding status and date of resolutions and highlighting escalation when required;
• Maintain - and update where relevant - operating manuals and checklists for all billing related functions and processes;
• Identify any potential concerns and elevate - with proposed solutions - to management in order to mitigate business risk, irregularities, and errors;
• Ensure all data is maintained in a well-organized and audit worthy manner;
• Prioritize own workload to ensure all deliverables are met and expectations managed while maintaining quality of work produced;
• Build and maintain business relationship with key contacts through offering a high degree of customer service;
• With support, develop and present related training and informational materials to internal and external audiences;
• Any other responsibilities assigned by the Lead/Manager.

Knowledge and Key Skills

• 2 years of work experience in an accounting/financial services role;
• Bachelor’s Degree in Commerce/ Business Management/ Business Administration Finance or Commerce preferred;
• Fluent written and spoken English;
• Able to approach situations from an analytical mindset to generate a logical conclusion;
• Able to resolve customer complaints using pre-defined and creative solutions;
• Able to interpret a variety of instructions furnished in written, oral, and diagram or schedule form;
• Able to work independently when required and collaborate as part of a multi-time zone team as well;
• Strong organizational skills to meet multiple deadlines;
• Excellent attention to detail;
• Strong MS Office Suite (specifically Excel, Outlook, Word and PowerPoint) and Web-based resources;
• Working knowledge of regional tax laws (e.g.: VAT, TDS, GST, etc) is a plus.

What Magnit Will Offer You

At Magnit, you’ll be joining an innovative, high-growth environment and can quickly make an impact to help transform the largest companies in the world. You will work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails!

• Magnit will offer you a competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more!
• Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!

To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion.

As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.

By applying to this role, you consent to Magnit safely storing and managing your personal data. Please read this link to learn more.

https://magnitglobal.com/us/en/privacy-notice.html