Finance Analyst / Finance Specialist – India GCC

Accounts Receivable | Accounts Payable | General Ledger | SAP

Location India (GCC Office)

Reporting To Global Finance Leadership (functional/organizational reporting into the global finance structure, based outside India)

Work Model Hybrid — days in office per GCC policy; working hours structured to provide meaningful overlap with global (including US) business hours

Experience 8–10 years in Finance/Accounting, with demonstrated experience operating in a

Global Capability Center (GCC) / Global In-house Center (GIC) or Shared Services environment

Systems SAP (FI/CO modules) — hands-on, transactional-level proficiency required

Employment Type Contract to hire

POSITION SUMMARY

This role is the finance operations anchor for the India Global Capability Center (GCC), supporting both the GCC and the broader global finance organization. Reporting into global finance leadership, the individual will own and drive core finance processes — Accounts Receivable (AR), Accounts Payable (AP), and General Ledger (GL) — for entities/processes serviced out of India, while ensuring full compliance with Indian financial, tax, and statutory regulations. The role requires strong SAP proficiency, a process-and-controls mindset, and the ability to operate as a trusted extension of the global finance team, representing India-specific regulatory and market considerations in global finance discussions.

The ideal candidate has prior, hands-on experience working within a GCC/GIC or shared-services finance function, is comfortable managing transactional and month-end responsibilities at scale, and can partner confidently with global stakeholders, auditors, and cross-functional teams.

KEY RESPONSIBILITIES

- Accounts Receivable (AR)

● Manage end-to-end AR processes — customer invoicing, cash application, collections follow-up, and dispute/deduction resolution

● Monitor AR ageing, drive timely collections, and support DSO improvement initiatives in coordination with global finance and commercial teams.

● Perform customer account reconciliations and resolve discrepancies in partnership with Sales, Customer Service,

and global AR leads.

● Support credit control processes, including customer credit limit reviews and bad-debt/provision assessments as per global policy.

● Ensure AR sub-ledger accuracy and readiness for month-end close and statutory/internal audits.

- Accounts Payable (AP)

● Manage end-to-end AP processes — vendor invoice processing, three-way matching, payment runs, and vendor query resolution — in SAP.

● Ensure AP processing complies with India statutory requirements (TDS deduction/deposit, GST input credit validation, MSME payment timelines, etc.).





● Perform vendor account reconciliations, manage vendor master data governance, and resolve aged/open items.

● Support T&E (travel & expense) processing and compliance where applicable, ensuring adherence to global policy with India-specific tax treatment.

● Partner with Procurement and global AP teams to strengthen controls, reduce processing exceptions, and drive process standardization.

- General Ledger (GL) & Month-End Close

● Own GL activities — journal entries, accruals, prepayments, intercompany transactions, and balance sheet reconciliations.

● Drive timely and accurate month-end/quarter-end/year-end close in line with global close calendar and reporting deadlines.

● Perform balance sheet substantiation and ensure reconciling items are cleared within global policy timelines.

● Support statutory financial statement preparation and coordination with local statutory auditors and tax consultants.

● Ensure compliance with Indian GAAP/Ind AS requirements alongside global reporting standards (e.g., US

GAAP/IFRS) as applicable, including required adjustments/reconciliations between frameworks.

● Support internal controls testing (SOX or equivalent global control framework) for India GL, AR, and AP processes.

- SAP & Process Excellence

● Act as a India process-level SAP power user across FI/CO modules — transaction processing, report generation,

and first-line troubleshooting.

● Partner with global IT/finance systems teams on SAP enhancements, testing (UAT), and rollout of process changes or current functionality impacting India.

● Identify and drive process improvement, automation, and standardization opportunities across AR/AP/GL workflows.

● Maintain and update India process documentation (SOPs, desktop procedures) consistent with global finance documentation standards.

- Compliance, Controls & Stakeholder Management

● Maintain strong working knowledge of Indian financial and tax regulations — GST, TDS/TCS, Companies Act requirements, Ind AS, and other statutory filings impacting AR/AP/GL processes.

● Serve as the India point of contact for statutory auditors, tax consultants, and regulatory queries related to finance operations.

● Ensure adherence to global finance policies, delegation of authority (DOA), and internal control frameworks,

flagging and remediating gaps proactively.





● Represent the India finance operations perspective in global finance forums, ensuring local regulatory and market nuances are factored into global process design.

● Support global finance leadership with ad hoc analysis, audit responses, and process transition activities (e.g., new process migrations into the GCC).

REQUIRED QUALIFICATIONS & EXPERIENCE

● 8–10 years of progressive experience in Finance/Accounting, with strong hands-on exposure to AR, AP, and GL processes.

● Proven experience working within a Global Capability Centre (GCC) / Global In-house Centre (GIC) / Shared

Services environment is essential.

● Strong, hands-on proficiency in SAP (FI/CO modules); experience supporting SAP transitions, upgrades, or process migrations is a plus.

● Solid working knowledge of Indian financial regulations and statutory compliance requirements — GST, TDS/TCS,

Companies Act, Ind AS.

● Bachelor's degree in Accounting, Finance, or Commerce; professional qualification (CA/CMA/CA-Inter/MBA-

Finance) preferred.

● Demonstrated experience operating within a global reporting structure and collaborating across time zones.

● Strong controls orientation, with familiarity in SOX or equivalent internal control frameworks.

● Excellent stakeholder management and communication skills, with the ability to represent India process/regulatory considerations to global finance leadership.

PREFERRED SKILLS & ATTRIBUTES

● Prior experience in a pharmaceutical, life sciences, or other regulated industry is an advantage.

● Exposure to global reporting standards (US GAAP/IFRS) in addition to Indian GAAP/Ind AS.

● Experience with finance process automation/RPA tools, reporting tools (Power BI, etc.), or ERP systems beyond

SAP.

● High degree of ownership and comfort operating independently as a lead India finance resource within a globally distributed finance team.

● Strong analytical rigor and attention to detail, particularly around reconciliations, controls, and audit readiness.

REPORTING & WORKING RELATIONSHIPS

● Reports into Global Finance leadership (based outside India), with a strong working connect to India GCC site leadership.

● Partners closely with global Controllership, FP&A, Procurement, Tax, Internal Audit, and IT/Finance Systems teams.

● Acts as the primary India finance operations representative in global finance forums and process governance discussions.

WORK MODEL & LOCATION DETAILS

● Location: India GCC office.

● Work Model: Hybrid, per GCC policy.

● Working Hours: Structured to ensure meaningful overlap with global (including US) finance stakeholders for real-

time collaboration during close cycles and audits.

📌 Finance Specialist -LS (India)
🏢 Cognizant
📍 India