Senior Executive - Finance

Key Responsibilities:

• Month-End Closing:

• Lead the AP processes during the month-end closing to ensure timely and accurate financial reporting.
• Reconcile AP balances and ensure all relevant transactions, provisions, and accruals are accounted for correctly.
• Review and validate AP-related entries to ensure they are aligned with company policies and accounting standards.
• Prepare month-end AP reports and assist in the preparation of financial statements.

• Provision and Prepaid Expenses:

• Oversee the recognition of provisions and prepaid expenses in compliance with accounting policies.
• Ensure accurate allocation of prepaid expenses and necessary adjustments during month-end closing.
• Review and monitor the provisions to ensure they are correctly recognized in the relevant financial periods.

• Audit Support:

• Provide comprehensive support during internal and external audits, ensuring smooth audit processes.
• Prepare and provide all necessary documentation related to AP for auditors.
• Respond to audit inquiries and address any discrepancies related to AP records.
• Ensure compliance with all relevant accounting standards and tax regulations (e.g., VAT/GST).

• Expense Scrutiny and Reporting:

• Review employee expense reports, ensuring adherence to company policies and accuracy in submissions.
• Scrutinize expenses against budget forecasts, investigate discrepancies, and highlight areas for potential cost savings.
• Provide detailed expense reports and analysis to senior management and stakeholders.

• Process Improvement:

• Continuously identify opportunities to improve the efficiency and effectiveness of AP processes.
• Propose and implement process enhancements or automation tools to streamline AP functions.
• Drive the adoption of best practices within the AP team and across the finance department.

Qualifications & Skills:

• Bachelors/Masters degree in Accounting, Finance, or related field. A Semi qualified CA is preferred.
• Strong understanding of month-end closing, accruals, provisions, prepaid expenses, and financial reporting.
• Proven experience in handling audit support activities and dealing with auditors.
• Proficient in accounting software (e.g M-365 Dynamic or similar ERP systems).
• Strong analytical and problem-solving skills, with the ability to scrutinize expenses and detect discrepancies.
• Expertise in Excel for reporting, data analysis, and financial tracking.
• Excellent communication skills and the ability to interact with vendors, internal stakeholders, and audito