19 Sep
|
Sturlite India
|
Bengaluru
19 Sep
Sturlite India
Bengaluru
About the Job: Senior Executive - Accounts & Finance
Introduction: A Career at STURLITE
At Sturlite, our diverse and team-oriented 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.
- Good 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