- Location
- Chennai, SIPCOT Industrial Park, India
- Type
- Full-time
- Experience
- 3+ years
- Education
- Bachelor
- Closing date
- Today
- Source
- Workday
Description
Key Responsibilities
Accounts Receivable
- Proactively manage customer collections by following up on invoice receipt, acceptance, and payment commitments.
- Monitor customer portals such as Ariba and other electronic invoicing platforms to ensure successful invoice submission and approval.
- Maintain accurate collection and dunning records within EFACS.
- Drive internal actions to improve on-time cash collections and reduce overdue receivables.
- Prepare and circulate customer statements of account and perform monthly reconciliations and balance confirmations for key accounts.
- Review and assess customer credit limits and recommend revisions where appropriate.
- Post and allocate incoming cash receipts against customer invoices accurately and timely.
- Manage customer advance payments and milestone billing accounting, including month-end journal entries and revenue recognition adjustments.
- Review customer advances weekly and process required accounting entries.
- Raise monthly intercompany recharge invoices and support intercompany receivables reporting through HFM.
- Prepare debtor ageing reports and maintain impairment provisions in accordance with company policy.
Treasury & Financial Controls
- Verify banking details for newly created suppliers.
- Support physical verification of company assets.
- Maintain a register of manual journals and coordinate approvals.
- Monitor outstanding Bank Guarantees and coordinate release documentation with commercial teams and banks.
- Process cash pooling transactions and related intercompany accounting entries.
- Update treasury portals with cash balances and hedge information.
- Monitor foreign exchange hedge settlements and coordinate rollover activities.
- Support preparation of balance sheet schedules and HFM reporting requirements.
Payroll Administration
- Consolidate overtime inputs across multiple locations and submit payroll data to the external payroll provider.
- Prepare and maintain HR and payroll-related dashboards and reports.
Cash & Bank Management
- Perform weekly bank reconciliations and investigate outstanding reconciling items.
- Submit reconciliations for review within agreed timelines.
- Process international payments in accordance with company approval procedures.
Purchase Ledger
- Process proforma invoices accurately and schedule supplier payments.
- Maintain tracking mechanisms for outstanding supplier debit balances.
- Follow up with suppliers to obtain final VAT invoices and clear outstanding balances.
Intercompany & Recharge Accounting
- Prepare and raise recharge invoices related to royalties, intercompany cost allocations, rent, and utilities.
- Ensure accurate allocation, billing, and reconciliation of recharges.
Month-End Close Activities
- Prepare and post royalty accruals, bonus accruals, commission accruals, goodwill journals, prepayments, and other recurring accounting entries.
- Raise associated intercompany recharge invoices and withholding tax adjustments.
- Maintain foreign exchange rates within EFACS and perform FX revaluations.
- Generate and circulate inventory reports.
- Manage intercompany receivable statements and reconciliations with group entities.
- Post GRNI journals and reclassify advance payments within sales and purchase ledgers.
- Support timely and accurate month-end and quarter-end reporting.
Qualifications & Experience
- Bachelor's degree in Accounting, Finance, Commerce, or related discipline.
- Part-qualified ACCA/CIMA/AAT or equivalent is preferred.
- 3 to 5 years of experience in Finance, Accounting, Accounts Receivable, or General Ledger functions.
- Experience working within a multinational environment is advantageous.
- Prior exposure to ERP systems such as EFACS, SAP, Oracle, or similar finance systems is desirable.
- Experience with Hyperion Financial Management (HFM) is preferred.
Skills & Competencies
- Strong understanding of financial accounting principles.
- Knowledge of accounts receivable, treasury, bank reconciliation, and month-end processes.
- Excellent analytical and reconciliation skills.
- Strong Microsoft Excel skills.
- Ability to prioritize multiple tasks and meet tight deadlines.
- Effective communication and stakeholder management skills.
- High attention to detail and commitment to accuracy.
- Proactive approach to problem-solving and continuous improvement.
Skills
OracleExcelSAPAccounts ReceivableERP