Deputy Manager - Reporting & Finance Process

Objectives of the Position

• Ensure that statutory reporting is completed in compliant manner and on timely basis
• Ensuring efficiency in day to day operations in Payables
• Ensure compliance with FEMA regulations for foreign payments
• Country level Insurance Gatekeeper
  

Main Tasks

• Partner with Local bankers, procurement leads, supply chain leads and Malaysia team to run an efficient payable operations
• Monitor payables KPI & constantly find out improvement areas and drive the same with Malaysia team and local end users
• To lead the implementation of new global & regional processes / initiatives in payables area with active coordination with local end users
• Ensuring FEMA, RBI, and MSME compliances
• Support GST team to enable them in taking maximum GST credits. Co-ordinate between GST and Malaysia team to rectify invoice posting errors if any
  

• Compliance with group guidelines in terms of insurance
• Co-ordinating with insurance advisors & business units
• Ensuring optimal insurance coverage with cost benefit analysis
• Liaise with regional and global insurance team
• To ensure the changes in local laws impacting insurance are adhered to.
• Changes in business model to be aligned with Insurance policies
• Support to Local BU's/FU's in day-to-day issues/ queries
• Liaise with Statutory Auditors on quarterly basis for local & yearly basis for group+ local audits in all above areas
  

Financial Reporting

• Handle financial reporting for BASF group company including GL Monitoring, Audit (including liaison with Deloitte), MIS and Group Reporting support to HUB
• Ensure completion of cost audit in coordination with HUB team in timely manner
• Ensure completion of FRC / IFC
  

Job Skills

• Analytical
• Good at SAP
• Up-to-date and Expert know-how of Indian and IFRS accounting standards and local regulations (e.g, Companies Act)
  

Job Requirements

• Chartered Accountant
• 5 years+ (experience with MNC & /or Big 4 audit firms is a must)
• Working knowledge in SAP
• Hands on experience in handling foreign payments under FEMA
• Good knowledge of end-to-end P2P processes
• Up-to-date and Expert know-how of Indian and IFRS accounting standards and local regulations
• Proficient with MS Office
• Fluent in English with strong communication and interpersonal skill