Sr Analyst, Financial Operations

Colonial Group; Vadodara; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Colonial Group is seeking a Sr. Analyst - Financial Operation in Vadodara, India. The role partners with the Financial Operations team to ensure timely deliverables, accurate invoicing, and robust AR controls.

You will manage data entry, reconciliation between VMS and PeopleSoft, and support month-end close with strong process discipline. The candidate should have 4+ years in financial operations with ERP/VMS proficiency and a sharp eye for detail, enabling effective client communication and

Qualifications

• Bachelor’s degree in finance, accounting, business administration, or related field.
• 4+ years of experience in financial operations, accounts receivable, or related financial function.
• Proficiency in ERP systems (PeopleSoft) and Vendor Management Systems (VMS).
• Strong analytical and communication skills.
• Ability to thrive in a fast-paced environment and drive process improvements.

Responsibilities

• Partner with Financial Operations Analyst to ensure on-time deliverables and quality work.
• Process timesheet adjustments in Magnit’s VMS and PeopleSoft to support accurate client invoicing.
• Handle invoice creation, report generation, data entry, and accuracy checks.
• Maintain accurate data entries and perform ad hoc data tasks with precision.
• Reconcile data between VMS and PeopleSoft.
• Oversee end-to-end accounts receivable, ensuring timely invoicing and collections.
• Monitor outstanding invoices and follow up on payments; apply payments correctly.
• Investigate discrepancies in payments, invoices, or billing errors.

Skills

Analytical skills

Attention to detail

Problem solving

Communication

Stakeholder management

Process improvement

Financial operations

Education

Bachelor’s degree in finance, accounting, business administration, or related field

Tools

PeopleSoft ERP

Vendor Management System (VMS)

Job description

Job Description

Sr. Analyst - Financial Operation

• Partner with Financial Operations Analyst of assigned account(s) to ensure all deliverables are provided on time, errors resolved, and financial objectives are met while maintaining quality of work.
• Timesheet adjustments in Magnit’s Vendor Management System (VMS), other VMS and Magnit’s ERP system, PeopleSoft, to provide support to colleagues in the Financial Operations team to help them to provide accurate and quality invoices for the clients.
• Responsible for invoice creation, report generation/ creation, and data entry.
• Maintaining all entries with a high standard of accuracy and attention to detail for various ad hoc and recurring data entry tasks.
• Reconcile data between VMS and ERP (PeopleSoft).
• Co-ordinated with various members of the Financial Operations team to action and ad hoc administrative requests and support tasks as needed.
• Oversee the end-to-end accounts receivable process, ensuring accurate and timely invoicing.
• Monitor outstanding invoices and follow up with clients to ensure on-time payments. Process incoming payments and apply them to the correct accounts.
• Investigate and resolve discrepancies related to payments, invoices, or billing errors.
• Engage with clients to resolve billing disputes and discrepancies professionally.
• Perform account reconciliations to ensure balances align with client records. Prepare aging reports, outstanding payment reports, and other AR-related financial reports.
• Analyze collection trends and provide insights on reducing overdue balances. Assist in month-end and year-end financial close activities.
• Ensure timely meetings of deadlines for both client and internal department agreements by managing assigned processes.
• Research, troubleshoot, and develop solutions for Magnit/client application issues in the areas of Client deliverables.
• Oversee ongoing research, resolution, product support, and exceptional customer service for Workers, Client Services, and other team members.
• Work with and mentor Financial Operations Analysts to optimize daily invoice processing and to ensure every client interaction is a best-in-class experience.
• Collaborate with cross-functional leaders and teams to identify key processes and requirements, areas for improvement in department-wide processes and strategy, and delivery of such continuous advancements.
• Independently develop and deliver client process documentation, governance, and execution on Key Performance Indicators (KPIs).
• Consistently evaluate regular processes and work with team & management to implement efficiencies to reduce time spent and ensure adequate controls are in place to support future growth and sustainability.
• Assess processes and procedural documents to identify ways to enhance efficiency and find improvement opportunities.

Requirement Qualification

• Bachelor’s degree in finance, Accounting, Business Administration, or a related field.
• 4+ years of experience in financial operations, accounts receivable, or a related financial function.
• Proficiency in ERP systems (PeopleSoft) and Vendor Management Systems (VMS).
• Strong analytical skills with a detail-oriented and problem-solving mindset.
• Excellent communication and stakeholder management abilities.
• Ability to thrive in a fast-paced environment and drive process improvements.