Team Leader- Finance

Position Summary

The candidate will be part of Controllership function and will be responsible for Accounts payable - processing Vendor and employee payments related transactions, adherence to policies, month/year end closing, record keeping, audit support, reporting, etc.

Job Responsibilities

The key deliverables will include

• Accounts payable: -

• • Accurate and timely processing of Vendor/Employee Invoices/Claims, in line with finance policies and procedures for GOSC sites,
  • Ensure timely and accurate payment to vendors/employees as per the Contract/Agreement/PO and various statutes,
  • Ensure timely vendor account reconciliation by issuing vendor balance confirmations on defined periodicity,
  • Should have knowledge of withholding tax and GST which is relevant to AP
  • Regular Interaction with all related functional users
  • Vendor set up management
  • Sharing of timely and accurate payment information with users

• Monthly/yearly closure of books of account: -

Ensure timely and accurate monthly closing by working on -

• • Accruals – for Vendor and Employee expenses,
  • Payroll JE,
  • Prepaid expense & schedule
  • Advance settlement & schedule
  • Monthly reconciliation of balance sheet accounts related to AP, MOM expenses comparison
  • Accurate reconciliation and timely payment of Statutory dues like TDS, PF, ESI, etc.

• Document / Record Maintenance: Ensure maintenance of complete documentation with respect to Vendor invoices, Employee claims in line with Tax and SEZ requirements.

• Policies & Procedures: Ensuring compliance with Organizational Policies and Procedures

• Reporting: Various Internal MIS reporting of Controllership

• Audits: Provide support for Internal & Statutory audits & all other Internal audits

• Support in Process / systems automation on need basis

• Adherence to defined internal KRAs and metrics

• System Knowledge: Working knowledge on various modules of PeopleSoft i.e. Accounts Payable, Asset Management, Expense module, General Ledger

Knowledge, Skills and Abilities

Education

• Graduates - B.com/M.com & MBA Finance / CA-CMA inter or PE1 shall be preferred

Experience

• 3-7 years of relevant experience in related field
• Knowledge of Accounting standards & statutory laws

Knowledge and skills (general and technical)

• Strong analytical and execution orientation.
• Should be capable of dealing with relationships sensitively with ability to manage conflicts adroitly
• Strong communication and presentation skills; Ability to articulate and influence internal customers with clarity of thought process is a critical requirement
• Proven Computer navigation skills (Mandatory / Optional). Mandatory
• Proven keyboarding speed (Mandatory / Optional) Mandatory
• Proven working knowledge of MS Office suite (Mandatory / Optional) Mandatory
• Experience in working on PeopleSoft/ Oracle Preferred
• Excellent knowledge of excel including macros Preferred
• Understanding of INDAS, US & India GAAP Preferred
• Understanding of Taxation (Direct & Indirect tax) Preferred
• Knowledge about the Insurance industry in US (Mandatory / Optional) Optional
• Knowledge about US Culture Optional
• Knowledge of collection fundamentals Optional
• Excellent listening, oral or written communication skills or both. Desired
• Proven customer service skills. Desired
• Excellent analytical and research skills. Desired
• Self-motivated, well organized and flexible with a sense of urgency approach Mandatory
• Teamwork/ Managing Self / Adaptability Mandatory
• Ability to work successfully in production driven environment Desired
• Adaptability to change Mandatory
• Self-disciplined and result oriented Mandatory
• Ability to manage multiple tasks prioritizing effectively. Mandatory
• Ability to find creative and innovative solutions to business problems Desired

Other Requirements (licenses, certifications, specialized training – if required)

• NA