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