Job
Description
Preferred Skills Payables Accounting, Payment Processing including Statutory Payments and Reimbursements, Fixed Asset Management and associated Insurances Experience in handling Audits (Internal, Statutory), Preparing Reconciliations and monthly MIS Reporting, Knowledge of Indian Accounting Standards Strong analytical and reconciliation skills. Ability to manage cross-cultural teams and work across time zones. Qualification: Bachelor s degree in commerce, Finance, or Accounting with Chartered Accountancy (CA) Qualified 4-6 years, or ICWA/ CA Inter Qualified - Minimum 8-10 years of relevant experience. Preferably having working experience in MNC service companies. Proficiency with ERP platforms like SAP S4 Hana (FI, MM, AP modules). Knowledge of Power BI is an added advantage Strong understanding of Indian statutory requirements [Indian Accounting Standards, Indian Tax Laws (TDS/ GST)] and global accounting practices. Accounts Payable (AP) Operations Lead and manage the full cycle of Accounts Payable for the India entity, ensuring accurate invoice processing, vendor payments, statutory payments, and employee reimbursements etc. Ensure compliance with local tax laws (TDS, GST) and global accounting policies. Manage vendor relationships and resolve issues related to invoicing, payments, and reconciliations. Monitor AP metrics like on-time payments, ageing of invoice approval & accounting process, and processing accuracy. Support internal and external audits and ensure proper documentation and control adherence (Statutory Audits/ IA/ IFC/ ICS/ ICFR). Accounts Payable Escalations Management - Tracking delay in approvals and escalation to respective department managers. Fixed Asset (FA) Management Oversee the end-to-end Fixed Asset lifecycle, including acquisition, capitalization, depreciation, transfer, disposal, and retirement. Ensure all assets are recorded and tracked accurately in the Fixed Asset Register and ERP system. Monitoring the day-to-day material management (consumable and assets), GRN, capitalization based on the nature of the material. Perform physical verification of assets and coordinate with business stakeholders on asset tagging and reconciliation. Manage depreciation runs, impairment testing, and month-end/year-end closing related to fixed assets. Ensure compliance with Indian accounting standards (Ind-AS), Companies Act requirements, and corporate policies for asset capitalization and useful life. Ensuring associated insurance renewals, compliances and claims related to company assets Monthly Book Closing Support and support in Audits Expensing closing of GR/IR A/C clearing & GL Review every month end. Ensuring accuracy, completeness, correctness, and validation of monthly accruals/ provisions. Consolidation of Provision for expenses from different departments. Review of monthly Prepaid Expenses reporting GL Variance Analysis. Handling queries raised by other departments. Accounts Payable and Fixed Assets monthly MIS reporting. Reporting of intercompany monthly account balances to headquarters for group consolidation. Support to Corporate, Tax and GST Audits. Support internal and external audits and ensure proper documentation and control adherence (Statutory Audits/ IA/ IFC/ ICS/ ICFR) for both AP and FA operations. Team Leadership & Process Excellence Lead and manage a team of 6-8 contractual staff working in AP and FA domain. Drive standardization, documentation, and continuous improvement of AP and FA tools, systems and processes. Identify and implement automation opportunities (RPA, AI, OCR tools) in both AP and FA areas. Participate in global finance transformation projects and transitions of new activities for the entity. Stakeholder & Governance Management Partner with Procurement, Tax, Treasury, and Business Operations for issue resolution and compliance. Serve as the key point of contact for Indian entity AP & FA queries for global and local stakeholders.
