Senior Executive Finance II

Alphawave Semi enables tomorrow’s future by accelerating the critical data communication at the heart of our digital world – from seamless video streaming to AI to the metaverse and much more. Our technology powers product innovation in the most data-demanding industries today, including data centers, networking, storage, artificial intelligence, 5G wireless infrastructure, and autonomous vehicles. Customers partner with us for mission-critical data communication, our innovative technologies, and our proven track record. Together, we enable the next generation of digital technology.

Alphawave is setting-up a global finance shared service Centre in India. You would be part of fast-growing finance team supporting the finance team spread across geographies.

What you'll do:

We are and looking for suitable candidates for multiple positions in different global process teams – Quote to Cash, Hire to Retire, Record to Report, Procure to Pay and Tangible & Intangible Property. Typical responsibilities will include tasks like:

1. Accounts Payable (AP) Management:

• Process invoices, expense reports, and payment requests promptly.
• Reconcile AP sub-ledger to the general ledger.
• Handle vendor queries and manage vendor relationships.
• Ensure compliance with company procedures.

2. Accounts Receivable (AR) Management:

• Process customer invoices and manage collections.
• Reconcile AR sub-ledger with the general ledger.
• Resolve discrepancies and handle customer queries.
• Create accounts receivable reports.

3. General Ledger (GL) Accounting:

• Perform month-end and year-end closing activities.
• Prepare and post journal entries.
• Reconcile general ledger accounts and resolve discrepancies.
• Support financial reporting and analysis.

4. Payroll Processing:

• Oversee payroll processing and ensure accurate salary payments.
• Handle payroll-related queries and adjustments.
• Ensure compliance with statutory regulations and internal policies.

5. Financial Reporting and Analysis:

• Assist in the preparation of financial reports and statements.
• Analyze financial data to support decision-making processes.
• Generate ad-hoc reports as required by management.

6. Compliance and Controls:

• Ensure adherence to internal controls over financial reporting and compliance with financial regulations.
• Assist with internal and external audits.
• Implement and maintain financial procedures.

7. Process Improvement:

• Identify opportunities for process enhancements and automation.
• Collaborate with other departments to refine financial processes.
• Support programs to improve efficiency and accuracy.
• You will report to Senior Director of Finance.

What you'll need:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field is needed.
• Professional certification (e.g., CA, CPA) or a master's degree in finance, Accounting, Business Administration will be a positive.
• 7+ years of experience in finance or accounting roles within a shared service center environment, a Big 4 or a finance team of a multi-national corporation.
• Strong knowledge of US GAAP or IFRS accounting principles and financial reporting.
• Proficiency in accounting software and ERP systems (e.g., SAP, Oracle).
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team in a fast-paced environment.
• Proficiency in Microsoft excel (can maintain complex spreadsheets)
• Experience with ERP systems
• Willingness to work between 12pm to 9pm IST (depending on the role)

"Hybrid work environment"

As part of our commitment to the well-being and satisfaction of our employees, we have designed a comprehensive benefits package that includes:

• Great compensation package
• Restricted Stock Units (RSUs)
• Provisions to pursue advanced education from Premium Institute, eLearning content providers
• Medical Insurance and a cohort of Wellness Benefits
• Educational Assistance
• Advance Loan Assistance
• Office lunch & Snacks Facility

Diversity & Inclusivity

Alphawave Semi is based out of one of the most diverse countries in the world. This includes differences related to race, ethnicity, national origin, gender, gender expression and presentation, sexual orientation, religion, age, ability and socioeconomic status. To us, diversity is one our strongest assets to our organization. We commit ourselves to promoting the recognition and appreciation of our diverse and rich culture. We believe that it is critical to our success to promote freedom of thought and opinion in a respectful environment. The decisions we make are rooted by respectfully considering each other’s thoughts and opinions and by working towards a greater common goal.

Accommodation

Alphawave Semi is an equal opportunity employer and welcomes applications from all qualified individuals, including visible minorities, Indigenous People, and persons with disabilities. We welcome and encourage applications from people with disabilities. If as a qualified job applicant, you request accommodation, Alphawave Semi will consult with you to provide reasonable accommodations according to your specific needs. If you wish to make a request, you will be provided an opportunity if you’re applications is selected to proceed in our hiring process.