Hiring.Camp

AR and General Ledger Clerk

valmet

·

Today

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