Senior Financial Analyst Accntng
1072-28 target india non-usa
📍 bangalore india india🕐 1mo ago🔗 workday
Job Description
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.