Work with the team that delivers company-wide planning long-range goals and business strategies and critical financial support. Youll find a wide variety of positions and plenty of opportunities for professional growth.
Use your skills experience and talents to be a part of groundbreaking thinking and visionary goals. As a Sr Fin Analyst Accounting Accounts Payable youll take the lead as you
- Review the payments request received from the various teams to ensure that these are in accordance with company policies and have the appropriate approvals.
- Accounting of the payment requests and withhold taxes in accordance with the statutory provisions.
- Preparation of vendor payment advices after receiving the appropriate approvals.
- Communication of payment details to vendors and providing clarifications.
- Reconciliation of vendor accounts and aging statements.
- Processing vendor payments in foreign currency and preparation of the necessary documentation in accordance with the requirements of the Foreign Exchange Management Act 2000.
- Accounting for inward remittance towards accounts receivable.
- Responsible for review of cash transactions and physical verification of cash.
- Preparation of weekly/fortnightly fund positions and flagging of the request for fund transfers.
- Ensure that all service level agreements (SLAs) with internal clients are met on time.
- Responsible for vendor wise provisioning for monthly closure of accounts.
- Preparation of audit schedules and participating in the audit of accounts.
- Preparation of Monthly Dashboards for Business Support.
- Monitor the regulatory changes in India and keep the appropriate function updated of the potential impact and actions which they need to take-up and assess the situation
- Support initiatives within Target India in implementation of key vendor payable related regulatory changes and updation of process documents
- Lead process improvement ideas in driving efficiency strengthening controls and improving quality
REPORTING/WORKING RELATIONSHIPS :
The Sr Financial Analyst Accounting Accounts Payable will report to Senior Manager FAR Vendor Payables.
JOB REQUIREMENTS:
College degree in accounting with 4-6 years experience. Good knowledge of Accounting and Accounts Payable function in a global setting. Strong analytical skills and attention to detail Good interpersonal skills Strong communication skills Working knowledge of ERP preferably SAP Knowledge of relevant Indirect taxes like VAT; Service Tax; TDS; Customs; FEMA GST etc. Qualifications like Chartered Accountants; Company Secretary; Cost Accountant or other financial qualifications will be an advantage.
Required Experience:
Senior IC
📌 Sr Financial Analyst Accntng (Bengaluru)
🏢 Target
📍 Bengaluru
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