Senior Executive - Finance & Accounts

Role & responsibilities

Accounts Payable:-

• Review and process of payments and invoices, including payroll,

reconciliation, etc.

• Scrutinization of Accounts, To ensure control checks are in place

while Invoices processing & reporting and establish wherever

required

• Assisting in Balance Sheet
• Ensured that all Purchase and expenses

bills were properly approved and entered on time.

Accounts Receivable:-

• Monitor and manage Scrap and OCR party transactions to ensure

timely processing and compliance with internal controls. 

• Review coverage and raise credit notes in accordance with

company Standard Operating Procedures (SOPs). 

• Conduct periodic reconciliation of accounts including GL,

customer, and Fabrics.

• Other MIS reporting as per requirement

Financial Planning & Analysis:-

• Understanding of business challenges and how they impact the

company's financial position. Support the senior Leadership Team

with data-driven analysis and act as a sounding board when making

commercial decisions and formulating strategy

• Present monthly and quarterly financial reports of the business to

leadership team

• Develop and maintain effective relationships with business partners

and cross-functional teams at all levels of the organization

• Drive Exposure to BI and implementation of BI tools to automate the

financial KPI reporting.

• Banks/Financial Institutions/Rating Agency etc
• ERP Exposure and development of system reports

Trade finance / Banking:-

• Expert in executing cross-border / SEZ /

Merchant Trade transactions / documentation with a good

understanding of the RBI / Banking Regulations & Practices.

• Expert in managing Merchant Trade Accounts Payable / Receivables

in compliance with Trade Finance practise / regulations.

• Expert in controlling & getting settlement of IDPMS / EDPMS through banks in line with ICEGATE / ECCS portals.
• Having reasonable knowledge of Custom provisions w.r.t. Import /

Export regulations / custom clearance costs & documentation.

• Hand on experience with Import / export Accounting & MIS in ERP

environment.

• Planning, Prepare and coordinate Letter of credits (Inland, Foreign,

Revolving & Merchant Trade), Arranging Buyers Credit and all types

of foreign remittance request, documentation.

• Fair understanding of the withholding tax / GST provisions on cross

border transactions.  

• Team Management and good interpersonal skills and liaison with

banks / cross functional teams.   

• Ensure Compliances and documentation in relation to various

government incentives (DBK, State subsidiary, TUFFs etc.)

Preferred candidate profile

B.Com /M.Com /MBA in Finance/CA inter with 1-6 years of experience

He/ She should have in depth knowledge of accounts functions