Finance & Accounting (F&A)

We offer full-suite accounting services to our customers right from transactional activities like accounts payable to financial reporting with dashboards. We are also open to owning a specific process (for instance, accounts payable) for a customer.

The picture below is a snapshot of the activities that we perform within F&A

procure to cash

  • A/P Processing
  • Payment Processing
  • 1099 Processing
  • R&E Processing
  • A/R Invoice Processing
  • Recipts Processing
  • Sales Audit & Rcon
  • A/R Collection Analysis

Fund Management

  • Check Processing
  • Deposits Processing
  • Fund Transfer Entries
  • Bank Recollections
  • Cash & Bank Forcasting

Accounting & Reporting

  • Journal Entries
  • General Ledger Closing
  • Fixed Assests Management
  • Property Management
  • Payroll Processing
  • Depreciation Entries
  • Month-End Closing Entries
  • Consolidation
  • Reconciliation
  • Reporting

PROCURE TO CASH

  • Budget Preparation
  • Cash Flowanalysis
  • Management Reporitng
  • G&A Spend Analysis
  • Variance Analysis
  • KPI Analysis

Resource Quality

We, at Pacific firmly believe that people are the core of our business. Being in a people-intensive business we understand that if we can’t get right with people we can’t get right with anything else. Hence, we place a lot of emphasis on hiring the right set of people who are committed to work and grow in a professional environment.

We have set internal benchmarks regarding educational qualifications and professional experience for all the roles and have communicated them to our consultants to ensure we interview better and refined candidates. Given below are some of the sample benchmarks for hiring positions in an accounting process:

  • Manager

    A chartered accountant (India) with 5-6 years of post qualification experience out of which a minimum of 2 years should be in a supervisory role. We prefer candidates with experience in BPO (Business process outsourcing) which reduces the learning curve significantly.

  • Team lead/ reviewer

    A chartered accountant/ semi-qualified accountant with 3-4 years of experience, preferably in a BPO environment.

  • Staff accountant

    A commerce/ accounting graduate with 1-3 years of experience working in an accounting department or with a Chartered Accountant firm.

Cross-Industry Experience

We perform accounting for clients from multiple industries – retail, restaurants, telecom companies, etc. Our work is the outcome of accounting domain expertise and multiple industry experience.

Multiple software expertise

We have expertise in working on various accounting packages, including, Quickbooks, Sage, Peachtree and Intacct. We also have accountants on-board who have worked on ERP packages like Oracle 11i, SAP, MS Great Plains, etc.