Executive Finance

In This Role, Your Responsibilities Will Be:

•  Preparing the working file with the listing of Interco entities for raising of workstation and salary backcharge invoices. 
• Raising invoices in Oracle AR module and recording of manual journal entries. 
• Assessing GST applicability on diverse nature of transactions 
• Addressing and resolving the queries received from Interco entities regarding the cost allocation/backcharge 
• Performing TDS reconciliation with 26AS on a quarterly basis and collaborating with Interco entities for discrepancies identified during the recon. 
• Ensuring timely and accurate receipt application in Oracle. 
• Handling requests received from Admin, HR and other teams for new backcharge (as well as discontinuation of existing backcharge) and incorporating the same in working file. 
• Sending reminders and following up for payment with the Interco entities for invoices which remain overdue for more than 90 days 
• Post month-end AR module closure, preparing and circulating statement of accounts (SOA) to all Interco entities. 
• Post month-end AR revaluation, recording of allocation entry to transfer all Interco AR balances from common BU to dedicated BU. 
• Reviewing the imbalance report received after HFM upload and ensuring that such imbalances are rectified and accounted for in the subsequent period. 
• Analysing and subsequent invoicing of all cost accumulated in AR recharge suspense GL. 
• For statutory audit, prepare Interco AR balance confirmations, follow up with Interco entities for responses on audit confirmations and perform reconciliation of confirmation received 
• Preparation of balance sheet and P&L schedule on monthy basis and uploading on E-rec portal 
• Assess the invoices which are expected to breach the FEMA timelines and escalate the issue to finance leaders of Interco entities to avoid FEMA non-compliance. 

Who You Are: 

•  You accurately track and raise all the invoices on a monthly basis. 
•  You ensure timely recording and application of receipt entries. 
•  You coordinate with Interco entities for invoice specific issues and follow-up with entities for aged dues. 
•  You effectively coordinate with auditors for timely completion of audit with minimum audit observations. 
•  You should be able to bring in efficiency in the entire process by automating routine/manual transactions.