Sr. Analyst, Accounting APAC - IN

Location

Gurgaon | India

Job description

Job Purpose

Responsible for performing the accounts payable invoice process and the related payment postings and transactions in compliance with company’s guidelines and local/statutory regulatory requirements, in a timely manner and accordance with PO/contract terms and Delegated Authorities.

Identify areas for improvement to increase operational efficiency and working capital.

Ensure that all transactions are in accordance with Functional Forms accounting policies and procedures, accounting standards and other local regulation requirements.

Responsible for ensuring all transactions are in line with controls specified in the control framework regulating the procurement process to payment cycle.

Main and improve customer satisfaction through communication & managing the query feedback from internal & external stakeholder.

Primary Responsibilities

• Accounts Payables
  • Perform AP Invoice and Payment postings for trade/non trade vendors, customer payments and petty cash to ensure timely
  • Identify areas to strengthen internal control procedure in Accounts payable, balancing controllership and operation efficiency & invoice posting quality

• Account Reconciliation
  • On time perform P2P account reconciliations after month end closing
  • Review monthly AP Aging Report and aged Accrued Accounts Payable, i.e., receipts of goods without invoice, to identify the root cause.
  • Follow SOP/guideline to conduct analysis to support efficiency, compliance
  • Timely taking action to follow up (long) aged items, proactive to communicate stakeholder to resolve issue
  • Communicate analysis result and proposed action with Head of Regional Finance to improve standardization
  • Drive process improvement for operational excellence
  • Support & Maintain a Quality checks & controlling tools for various area such as, Withholding Tax, three way matching, etc.
• GST Tax – Fully understand tax regulation to ensure timely and accurately
  • Follow Tax guideline to post invoice and comply with tax regulation.
  • Follow the alignment with tax operation and global tax team on needed operation steps/subsequent controls, ensure the quality and timeliness of the indirect tax \withholding tax processing embedded in the payment process.

• Reporting
  • Participate in the annual financial audit preparation.
  • Statutory reporting – Review quarterly GST submission
  • KPI calculation and reporting
  • Balance confirmation and feedback upon request

Requirements:

• Education & Training
  • Degree holder in Accounting / Finance or equivalent working experience
  • Well-versed in Accounting procedures and FRS (Financial Reporting Standards)

• Experience
  • Minimum 6 years’ accounting experience (preferably 2-3 years in audit environment)
  • Statutory & legal knowledge such as Corporate tax, GST & Withholding Tax
  • Possess good knowledge of system processes /workflow
  • Self-motivated, results-oriented and strong initiative
  • Strong problem solving and analytical skills
  • Good business and commercial acumen

Job tags

Salary