Executive - Accounting & Tax

TMF Group is a leading provider of administrative services, helping clients invest and operate safely around the world. As we’re a global company with 11,000+ colleagues based in over 125 offices across 87 jurisdictions, we actively seek out people with the talent and potential to flourish at TMF Group, whatever their background, and offer job opportunities to the broadest spectrum of people. Once on board we nurture and promote talented individuals, making sure that senior positions are open to all.

TMF India is a Great Place to Work, ISO & ISAE certified organization.

It is an area experiencing significant growth in TMF, thus providing an opportunity for great career development.

• To ensure complete and accurate record keeping for all sales and receivable transactions.
• To prepare periodic reconciliation with retailers/ MIS and ensure no gaps.
• To ensure timely collection of the invoices and performing periodic credit checks.
• To coordinate with third party service provider for revenue booking and for performing periodic checks on recording of sales for Montblanc Retail entity.
• To coordinate with Brand/Department, Supplier, GL Team, and Treasury for AR related concerns.
• To co-ordinate for month-end closing by assisting Head of Accounts in expenses analysis and any other ad-hoc analysis from time to time.

• Performing credit control, setting of credit limits and implementation of credit checks for wholesale transactions with retailers.
• Collection of overdue in close collaboration with internal stakeholders.
• Ensuring the accuracy of retailer ledger bookings and analysis of movement of accounts.
• Ensuring adherence to the applicable regulatory compliances on transactions.
• Effective documentation and record-keeping of all the transactions recorded in accounting system.
• Ensuring timely collections of the invoices and maintaining payment allocation MIS for payment received from retailers.
• Ensure timely issuance of all manual Invoice/debit/credit notes and correct recording of Incentives, Target Bonus and Sales Return Provision entries.
• Record all credit card commission monthly and maintain good relationship with retailers and brands.
• Ensure to send AR statement to all stakeholders as per agreed schedules and timelines.
• Keep records of all advances received from customer and share monthly MIS with management.
• Monitoring and reporting of DSO’s and provisions for doubtful debts as per Company policy.
• Reconciliation of sales registers, credit card transactions including chargebacks if any.
• Ensure effective archival of documents and efficient retrieval.

• Perform period reconciliation with retailer as per agreed frequency.
• Ensure that reconciling items are resolved within stipulated time limits.
• Ensure all the cash, bank, card, and commission ledger are reconciled monthly.
• Lead the implementation of any new projects and processes relating to improvement in Accounts Receivables process.

• Provide month-end reports to HOA relating to sales closing.
• Provide month-end reports to all stakeholders like retail and wholesale reconciliation, ageing of debtors, credit card commission, and advances MIS.
• Ensure the correct month end closing of all sales related ledgers.
• Provide month end manual schedule for financial package to Group reporting.

• Provides any documentation requested for testing purpose: external audit, internal controls, ICS related functions etc.
• Participates in implementation of recommendations if needed.
• Contributes to the formalization or continuous improvement of standard operating procedures and processes.

• Assist HOA in various project request and scanning environment for analysing changes of relevant applicable tax laws on RIPL.
• Assists HOA in any other tasks as may be required.

• B.Com / MBA Finance
• Not less than 5-8 years of post-qualification experience, exposure in luxury goods industry would be an advantage
• Good core accounting skills
• Exposure to work practices in a corporate.
• Exposure to handle a team in big size corporate.
• Knowledge of SAP an advantage.
• Good communication
• Mathematical acumen
• Strong interpersonal skills
• Team handling experience
• Sound knowledge of SAP and Oracle.
• Ability to handle pressure and meet tight deadlines

Pathways for career development

• Work with colleagues and clients around the world on interesting and challenging work.
• We provide internal career opportunities, so you can take your career further within TMF.
• Continuous development is supported through global learning opportunities from the TMF Business Academy.

Making an impact

• You’ll be helping us to make the world a simpler place to do business for our clients.
• Through our corporate social responsibility program, you’ll also be making a difference in the communities where we work.

A supportive environment

• Strong feedback culture to help build an engaging workplace.
• Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work-life balance to perform at your best.

Other Benefits

• Marriage Gift policy
• Paternity & Adoption leaves
• Interest free loan policy
• Salary advance policy
• Wellbeing initiatives