Manager- R2R & P2P
Profile
Sound Accounting knowledge with hands on experience of end-to-end accounts payable domain, GL accounting, knowledge of applicable Direct and Indirect tax application and matters, accrual accounting, banking procedures etc. for a large multi-locational organisation.
P2P Specialist -
Ø Good knowledge of full process of P2P - from initiation of purchase till payment and various accounting touchpoints and controls in the process in 3 way match scenario.
Ø Good knowledge of distinction between procurement of materials and services, applicable TDS and GST provisions and compliance thereof.
Ø Full knowledge of MSME act and process involved to ensure compliance thereof.
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Ø Capable of identifying and controlling various sub-processes involved in P2P accounting such as workflow, invoice scanning, GRIR, advances, recoveries, ageing analysis, risk assessment, non-PO based purchasing.
Ø Banking process under host-to-host environment
Ø Knowledge of Vendor master data, change approval,
Accounting :
Ø Broad understanding of Trail balance, GL accounting related to expenses/ purchases with treatment in Balance sheet.
Ø Ensure accurate estimation and timely recognition of provisions in compliance with accounting standards.
Ø Record and manage accruals for expenses incurred but not yet invoiced or paid and TDS application.
Ø Ensure accurate matching of revenues and expenses in the appropriate accounting periods.
Ø Track, verify and record goods in transit in SAP.
Ø Record and amortize prepaid expenses over the appropriate periods.
Ø Recovery actions for overdue deposits, EMDs and vendor recoveries.
Ø Provide necessary documentation and explanations during audits.
Banking activities - Knowledge of banking operations with respect to batch processing, merchant payments transaction, Knowledge of BG & LC, payment rejections/ failures to be accounted properly.
Reporting and Analysis :
Ø Prepare monthly reconciliation of assigned GL accounts as per the policy of the Company and present the same to management.
Ø Ensure reports are prepared and distributed on a regular basis to provide timely insights.
Ø Maintain high accuracy in data collection and reporting to support reliable decision-making.
Ø Focus on providing actionable insights that can help management make informed decisions.
Collaboration : Working closely with cross functional teams such as business procurement teams, buyers, suppliers, cash & bank teams, business finance, tax teams etc. and participate in decision making and problem-solving process.
Process Improvement: Identifying opportunities to align various processes as per the Company's global policy and achieve KPIs set against them.
Audit Support: Supporting both internal and external auditors by providing information related to Import transactions and supporting documentation.
Qualifications
Education
(a) Educational Qualification - Bachelors / master's degree in commerce / semi qualified CA/CMA, added qualification in the fields of taxation, banking, treasury areas.
(b) Experience of 5 to 8 years
Skills
Knowledge of SAP -FICO module
Good Communication, agile, smart
Good track record of performance, problem solving skills, team player
Large manufacturing industry experience
Excel and PPT knowledge
Schedule: Full-time
Req: 0096U1