19 Aug
|
Target
|
Bengaluru
About this Opportunity Work with the team that delivers company-wide planning, long-range goals and business strategies, and critical financial support. You'll 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, you'll 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 workplace. 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.
📌 Sr Financial Analyst Accntng (Bengaluru)
🏢 Target
📍 Bengaluru