Associate - Finance

About the Job: Emeritus is committed to teaching the skills of the future by making high-quality education accessible and affordable to individuals, companies, and governments around the world. It does this by collaborating with more than 50 top-tier universities across the United States, Europe, Latin America, Southeast Asia, India and China. Emeritus’ short courses, degree programs, professional certificates, and senior executive programs help individuals learn new skills and transform their lives, companies and organizations. Its unique model of state-of-the-art technology, curriculum innovation, and hands-on instruction from senior faculty, mentors and coaches has educated more than 250,000 individuals across 80+ countries. Founded in 2015, Emeritus, part of Eruditus Group, has more than 2,000 employees globally and offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. Following its $650 million Series E funding round in August 2021, the Company is valued at $3.2 billion, and is backed by Accel, SoftBank Vision Fund 2, the Chan Zuckerberg Initiative, Leeds Illuminate, Prosus Ventures, Sequoia Capital India, and Bertelsmann.

Role Overview: The role is responsible for ensuring accurate and compliant revenue accounting in line with IFRS across all lines of business (LOBs) and programs.

Key Responsibilities: Ensuring proper recognition of revenue, deferred revenue, sundry debtors, and unearned income at a detailed LOB/program/last revenue unit level. Performing monthly reconciliations of all revenue-related ledgers and ensuring timely invoicing as per contractual terms. Supporting monthly book closure activities and preparing MIS related to revenue. Ensuring adherence to internal controls and processes relating to pricing, scholarships, refunds, and revenue deferments. Coordinating with various internal teams (LOBs/program owners) for weekly/monthly reconciliations of revenue items. Preparing School Cost Reports based on collections and student movement data. Facilitating statutory, internal, and due‑diligence audits and ensuring timely implementation of corrective actions. Maintaining client contracts and documentation related to pricing and ensuring expense items linked to revenue are aligned with revenue recognition.

Skills and Qualification Required: Bachelor’s degree in accounting, business administration, or a related degree. 2+ years of relevant work experience Strong proficiency in Microsoft Excel and MS Office (mandatory). Working knowledge of SAP (preferred; nice to have). Immediate joiners preferred

Emeritus provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. In press: https://inc42.com/buzz/edtech-startup-eruditus-fy23-revenue-crosses-inr-3000-cr-mark https://www.outlookbusiness.com/start-up/news/eruditus-secures-150-million-funding-for-ai-expansion-business-growth https:///tech/startups/edtech-unicorn-emeritus-story-now-a-harvard-business-school-case-study/articleshow/107648728.cms?from=mdr