Senior Specialist - MCA

Arcesium LLC; Hyderabad; On-site; INR 8,00,000 - 12,00,000; Full time

Job summary

A leading financial technology firm is seeking a Senior Specialist for its Management Company Accounting group in Hyderabad. The role involves ensuring precise client invoicing, managing billing processes, and compliance with revenue accounting standards such as GAAP and ASC 606. Candidates should be US CPA or Chartered Accountants with 5-8 years of relevant experience. This position offers a chance to contribute to a vibrant team focused on innovative solutions for financial institutions, along with opportunities for professional development.

Qualifications

• 5–8 years of experience in Revenue Accounting, Billing, or Financial Accounting.
• Strong experience with ASC 606 and revenue recognition.
• Deep knowledge of GAAP and revenue accounting standards.

Responsibilities

• Ensure accurate and timely client invoicing in accordance with contract terms.
• Manage billing and financial reconciliation processes.
• Serve as primary contact for internal and external audits.

Skills

Revenue Accounting

Billing

Financial Accounting

Oracle Fusion ERP

ASC 606 compliance

GAAP knowledge

Communication

Organizational skills

Education

US CPA / Chartered Accountant

Tools

Oracle Fusion

Job description

Arcesium is a global financial technology firm that solves complex data-driven challenges faced by some of the world’s most sophisticated financial institutions. We constantly innovate our platform and capabilities to meet tomorrow’s challenges, anticipate the risks our clients encounter, and design advanced solutions to help our clients achieve transformational business outcomes.

Financial technology is a high-growth industry as change and innovation continue to disrupt the status-quo and prompt major transformation. Arcesium is at a particularly interesting time in our own growth as we look to leverage our successfully established market position and expand operations in pursuit of strategic new business opportunities. We value intellectual curiosity, proactive ownership, and collaboration with colleagues, and we empower you to meaningfully contribute from day one and accelerate your professional development.

We are looking for a Senior Specialist to join our Management Company Accounting group (Hyderabad/Bengaluru). This group is responsible for legal entity book-keeping; financial reporting; federal, local and state tax compliances for our group entity Arcesium LLC which is domiciled in the US.

Responsibilities

• Ensure accurate and timely client invoicing in accordance with contract terms.
• Manage recurring, milestone-based, and usage-based billing.
• Review billing exceptions, credits, rebills, and adjustments.
• Ensure proper sales and use tax / VAT application, other taxes where applicable.
• Maintain billing master data and customer setup accuracy.
• Prepare and post revenue, deferred revenue, unbilled revenue, and accrual journal entries.
• Perform revenue-related reconciliations and variance analysis.
• Support forecast vs. actual revenue analysis.
• Meet strict close deadlines with high accuracy and minimal revisions.
• Prepare monthly revenue reporting packages for management.
• Analyze trends such as:
  • Bookings vs. Billings vs. Revenue
  • Deferred revenue changes
  • Revenue backlog and churn
• Serve as the primary revenue point of contact for internal and external audits.
• Prepare revenue audit schedules, contract samples, and supporting documentation.
• Ensure compliance with GAAP, ASC 606, and company policies.
• Assist in system audits and revenue control testing.
• Oversee accurate and timely cash application across payment methods (ACH, wire, check)
• Investigate and resolve unapplied and misapplied payments.
• Prepare and send dunning letters and account statements.
• Working knowledge of Oracle Fusion ERP system
• Support billing and revenue automation projects.
• Develop and maintain process documentation and SOPs.

Qualifications

• US CPA / Chartered Accountant with 5–8 years of experience in Revenue Accounting, Billing, or Financial Accounting
• Strong hands-on experience with ASC 606 and revenue recognition
• Deep knowledge of GAAP and revenue accounting standards
• Experience with ERP systems (Oracle Fusion)
• Excellent communication and cross-functional collaboration
• Strong documentation and organizational skills

Arcesium and its affiliates do not discriminate in employment matters on the basis of race, color, religion, gender, gender identity, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, or any other category protected by law. Note that for us, this is more than just legal boilerplate. We are genuinely committed to these principles, which form an important part of our corporate culture, and are eager to hear from all qualified individuals.

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