Job Code: TFT-FIN-289
Position Type: Full Time
Department: Finance
Location: Bangalore
CLIENT PROFILE
Our client is here to hand-hold you through the beautiful yet overwhelming process of decorating your home. They understand it is a huge milestone in life to buy your home and every element in it plays a role. Over the past 8 years, they have been a part of this precious journey for thousands of homeowners from choosing the right designer, fitting the designs with their space, executing the furniture; and all this in the most seamless and cost effective way. They combine their understanding of your requirements, aspirations with expertise for homebuyers to make your dream home ideas become a reality. Making home interiors easy, our client is India's premier end to end home interiors platform which delivers your chosen home interiors within 45 days, or they pay you rent.
Role and Responsibilities
- Scrutinize the expense and vendor ledgers to ensure expenses are accounted under proper GL/Cost & profit Centre with appropriate supporting and narration.
- Develop, implement and monitor appropriate P2P Controls such as - Vendor onboarding validations/ Vendor Master Maintenance/ Agreement checking/ Invoice Approvals etc.
- Identify areas for automation in the P2P process and evaluate and implement BOTs and RPAs.
- Period closure controls such as - purchase & expenses provisioning, Cross charges, Prepaid expense allocation, cost allocation from common cost, Centre to departmental cost centre, Control a/c reconciliation, report variance analysis of expenses - actual vs budget.
- Define SOPs for invoice booking and other checks such as three way matching of PO/GRN and Invoice, resolving mismatches if any and validation of agreements & arrangements with various vendors.
- Vendor aging report, vendor balance reconciliation and ensuring payments are done as per the credit period arrangement with each vendor.
- Responsible for appropriate TDS/TCS deduction/collections as per the Income Tax Act and rules and filing of returns on time.
- Responsible for GST accounting, reconciliation with GSTR 2A and follow up with vendors to make sure that no input credit is missed.
- Handling escalations and communications with the cross functions and vendors.
Qualifications:
- Candidates with minimum 4 to 5 years of experience in accounts payable team with SAP work experience preferred.
Skills:
- Knowledge of P2P Process.
- Knowledge on TDS and GST.
- Account, Vendor and GST reconciliation.
Additional Notes
- SAP work experience is preferred.
CTC Range
9-11 Lpa