Job Overview
The incumbent should have a strong understanding of the Accounts Payable (AP) process, including end-to-end invoice processing, vendor coordination, and payment cycles. Proficiency in SAP is mandatory. The role also involves assisting in monthly closing activities and coordinating with internal stakeholders and external auditors to ensure timely and accurate reporting
KEY STAKHOLDERS INTERNAL
Business & Corporate Finance teamSite Team & Various function team
Other Shared Service Functions
KEY STAKHOLDERS EXTERNAL
BankersStatutory AuditorsInternal Auditors
Reporting Structure
Will report to – Deputy General Manager Record to Report
Qualification
B-com / M-com
Experience
CRITICAL QUALITIES:
- Relevant post qualification work-experience of 10 to 12 years mainly in offshore finance GCC’s, Manufacturing companies finance teams (MNC companies)
- Exposure to transitioning of accounting processes from overseas sites/locations
- Expert Knowledge of working on SAP a must. Candidates with SAP Hana experience would be preferred
- Excellent analytical skills in analyzing numbers coming out of various report and understand correlation
- Attention to detail, effective management and interpersonal skills, professionalism, positive attitude, and willingness to work in a team-oriented environment
- Excellent oral and written communication in English
- Strong exposure in creating a high performance-driven culture, employee engagement & customer centricity
- Adept in process mapping & documentation.
- Experienced in redesigning optimal processes (with necessary controls built in) and handling projects.
- Proficiency in Microsoft Office applications including Excel, Word
Responsibilities
- Manages vendor payments process and monitors for accuracy by:
- Coordinating with internal bill processing team.
- Assisting with proper invoice general ledger, cost center, and project coding.
- Supporting online payments.
- Research discrepancies and timely resolution.
- Review invoice open query reports and lead the team by providing timely resolution.
- Ensure timely processing of vendor payments by providing payment requests to the GBSS team.
- Review open GRNs to ensure timely booking of the invoices.
- Collect, summarize, and post payroll journal entries.
- Review employees’ expense statements to ensure they comply with the company’s policies and record the expenses in SAP.
- Estimate accrual for payroll, variable pay, and sales commissions.
- Assist in payroll audit.
- Analyze budgetary variances for value and headcount numbers.
- Track the completion of capital projects and post journal entries for fixed asset acquisitions and dispositions.
- Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
- Assists in month-end closing procedures utilizing SAP, ensuring timely posting of all transactions
- Performs compilation and analyses of financial information for the preparation of entries to general ledger accounts
- Supports internal and external audits through the preparation of audit schedules and responding to inquiries
- Performs account reconciliations, investigates, and resolves to reconcile items
- Assists in developing financial policies and procedures to ensure adequate internal control environment
- Provides management team with financial reports/analysis to drive performance results.
Qualifications
B.com, M.com
About Us
In the three decades of its existence, Piramal Group has pursued a twin strategy of both organic and inorganic growth.Driven by its core values, Piramal Group steadfastly pursues inclusive growth, while adhering to ethical and values-driven practices.
Equal employment opportunity
Piramal Group is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, ethnicity, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetics, or other applicable legally protected characteristics.We base our employment decisions on merit considering qualifications, skills, performance, and achievements. We endeavor to ensure that all applicants and employees receive equal opportunity in personnel matters, including recruitment, selection, training, placement, promotion, demotion, compensation and benefits, transfers, terminations, and working conditions, including reasonable accommodation for qualified individuals with disabilities as well as individuals with needs related to their religious observance or practice.
About The Team
Piramal Pharma Limited (PPL) offers a portfolio of differentiated products and services through end-to-end manufacturing capabilities across 15 global facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated Contract Development and Manufacturing Organization; Piramal Critical Care (PCC), a Complex Hospital Generics business, and the India Consumer Healthcare business selling over-the-counter products.PPS offers end-to-end development and manufacturing solutions through a globally integrated network of facilities across the drug life cycle to innovators and generic companies. PCC’s complex hospital product portfolio includes inhalation anaesthetics, intrathecal therapies for spasticity and pain management, injectable pain and anaesthetics, injectable anti-infectives, and other therapies. The Indian Consumer Healthcare business is among the leading players in India in the self-care space, with established brands in the Indian consumer healthcare market. In addition, PPL has a joint venture with Allergan, a leader in ophthalmology in the Indian formulations market. In October 2020, the company received a growth equity investment from the Carlyle Group.
