16 Sep
|
Sturlite India
|
Bengaluru
16 Sep
Sturlite India
Bengaluru
About the Job: Senior Executive - Accounts & Finance
Introduction: A Career at STURLITE
At Sturlite, our diverse and collaborative team harnesses the power of technology, expertise, and innovation to drive transformation, deliver excellence, and shape tomorrow.
About the Role
We are seeking a detail-oriented and experienced Senior Executive - Accounts Payable & Finance to manage end-to-end accounts payable operations, intercompany and interbranch accounting, statutory compliance, supplier payments, Fixed Asset management and month-end financial closing activities. The role requires strong accounting knowledge, analytical skills, and hands-on experience in SAP S/4HANA.
Key Responsibilities
- Process and account Direct & Indirect invoices, including PO-based and non-PO based transactions.
- Verify invoice accuracy and ensure compliance with company policies and accounting standards.
- Coordinate with procurement, warehouse, and business teams for timely invoice processing and issue resolution.
- Monitor GR/IR accounts and ensure timely reconciliation and clearance of outstanding items.
- Prepare and execute supplier payment runs as per agreed payment terms.
- Manage urgent and manual payments while ensuring appropriate approvals.
- Hands-on experience in Fixed Asset Accounting, including capitalization of assets, depreciation processing, asset reconciliation, and asset lifecycle management in SAP S/4HANA.
- Monitor ageing of vendor accounts and ensure timely settlement of liabilities.
- Record and reconcile intercompany and interbranch transactions.
- Ensure timely confirmation and closure of intercompany balances.
- Coordinate with internal stakeholders for discrepancy resolution and account reconciliation.
- Ensure accurate accounting and compliance related to GST, TDS and other applicable indirect and direct tax regulations.
- Support tax audits, statutory audits, and internal audits by providing required documentation and clarifications.
- Monitor and ensure compliance with MSME payment regulations.
- Prepare periodical reports relating to MSME vendor payments and outstanding balances.
- Execute month-end and year-end closing activities within defined timelines.
- Perform variance analysis against budgets, forecasts, and previous periods.
- Identify key business drivers impacting financial performance and present actionable insights.
- Perform vendor reconciliations and account reconciliations regularly.
- Prepare Bank Reconciliation Statements (BRS) and follow up on pending items.
- Maintain strong internal controls and ensure compliance with company policies.
Process Improvement
- Participate in SAP S/4HANA process enhancements and testing activities.
- Support automation initiatives and continuous process improvement projects.
- Maintain process documentation and SOPs.
Required Skills & Competencies
- Strong knowledge of Accounts Payable processes.
- Expertise in Intercompany and Interbranch accounting.
- Valuable understanding of GR/IR reconciliation.
- Sound knowledge of GST and TDS regulations.
- Experience in supplier payment management and vendor reconciliation.
- Strong analytical and problem-solving abilities.
- Proficiency in Microsoft Excel and other MS Office applications.
- Excellent communication and stakeholder management skills.
- Ability to work under strict timelines and handle multiple priorities.
Experience
- 3-5 years of relevant experience in Accounts Payable and Finance operations.
- Hands-on experience in SAP S/4HANA is mandatory.
- Experience in manufacturing, retail, or consumer goods industries will be an added advantage.
Preferred Qualifications
- Bachelor’s degree in Accounting, Finance, or Commerce, combined with relevant work experience.
- Knowledge of financial controls, audit requirements, and compliance regulations.
- Exposure to shared services or centralized finance operations environments.
Designation: Senior Executive - Accounts & Finance
Department: Finance & Accounts
Reporting To: Senior Manager – Accounts & Finance
📌 Senior Accounts Payable (Bengaluru)
🏢 Sturlite India
📍 Bengaluru