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    Job · 13164076

    Target logo

    Sr Financial Analyst Accntng

    Target · Bengaluru · onsite · Posted 61d ago

    Not disclosed4–6 yrsfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    About This Opportunity

    Work with the team that delivers company-wide planning, long-range goals and business strategies, and critical financial support. You'll find a wide variety of positions and plenty of opportunities for professional growth.

    Use your skills, experience and talents to be a part of groundbreaking thinking and visionary goals. As a Sr Fin Analyst Accounting, Accounts Payable, you'll take the lead as you

    • Review the payments request received from the various teams to ensure that these are in accordance with company policies and have the appropriate approvals.
    • Accounting of the payment requests and withhold taxes in accordance with the statutory provisions.
    • Preparation of vendor payment advices after receiving the appropriate approvals.
    • Communication of payment details to vendors and providing clarifications.
    • Reconciliation of vendor accounts and aging statements.
    • Processing vendor payments in foreign currency and preparation of the necessary documentation in accordance with the requirements of the Foreign Exchange Management Act 2000.
    • Accounting for inward remittance towards accounts receivable.
    • Responsible for review of cash transactions and physical verification of cash.
    • Preparation of weekly/fortnightly fund positions and flagging of the request for fund transfers.
    • Ensure that all service level agreements (SLAs) with internal clients are met on time.
    • Responsible for vendor wise provisioning for monthly closure of accounts.
    • Preparation of audit schedules and participating in the audit of accounts.
    • Preparation of Monthly Dashboards for Business Support.
    • Monitor the regulatory changes in India and keep the appropriate function updated of the potential impact and actions which they need to take-up and assess the situation
    • Support initiatives within Target India in implementation of key vendor payable related regulatory changes and updation of process documents
    • Lead process improvement ideas in driving efficiency, strengthening controls and improving quality

    Reporting/Working Relationships

    The Sr Financial Analyst Accounting – Accounts Payable will report to Senior Manager FAR – Vendor Payables.

    Job Requirements

    College degree in accounting with 4-6 years experience. Good knowledge of Accounting and Accounts Payable function in a global environment. Strong analytical skills and attention to detail Good interpersonal skills Strong communication skills Working knowledge of ERP preferably SAP Knowledge of relevant Indirect taxes like VAT; Service Tax; TDS; Customs; FEMA , GST etc. Qualifications like Chartered Accountants; Company Secretary; Cost Accountant or other financial qualifications will be an advantage.

    Sourced from foundit

    Skills

    SAPAccounts Payableservice taxcustomsindirect taxesERPGstFEMAAccountingTDSVAT

    About Target

    Target logo

    Target

    Retail

    4.7k+

    employees

    1902

    124 years old

    Minneapolis, Minnesota

    United States (USA)

    About

    Target provides online and in-store shopping for everything from groceries and essentials to clothing and electronics.

    Industries

    RetailConsumer goods

    Employee ratings

    913 reviews

    4.0/ 5

    Culture

    4.1

    Career growth

    3.1

    Work-life

    4.2

    Employees rate it well for

    Work Life Balance159Work Culture148Salary83Career Growth68Senior Management56

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