Senior Executive - Accounting and Taxation

About TMF Group

TMF Group is a leading global provider of high-value business services to clients operating and investing globally. We focus on providing specialized and business-critical financial and administrative services that enable our clients to operate their corporate structures, finance vehicles and investment funds in different geographical locations.

MAIN PURPOSE

• To support operations team on billings, collections, customer relationships
• To ensure complete and accurate record keeping for all sales and receivable transactions.
• To prepare periodic reconciliation with customer s/ MIS and ensure no gaps
• To ensure timely collection of the invoices and performing periodic credit checks
• To coordinate with third party for revenue booking and to ensure reconciliation gaps are corrected
• To coordinate with Brand/Department, Supplier, GL Team and Treasury for AR related concerns
• To co-ordinate for month-end closing by assisting in R&R analysis and any other ad-hoc analysis from time to time for stakeholders
• Ensuring correct filing of GSTR and TDS (26AS reconciliation)

RESPONSIBILITIES

• Maintain AR Ledgers
• Performing credit control, setting of credit limits and implementation of credit checks
• Collection of overdues in close collaboration with internal stakeholders
• Ensuring the accuracy of customer ledger bookings and analysis of movement of accounts
• Ensuring adherence to the applicable regulatory compliances on transactions
• Effective documentation and record-keeping of all the transactions recorded in accounting system
• Ensuring timely collections of the invoices and maintaining payment allocation MIS for payment received from customers
• Ensure timely issuance of all manual Invoice/debit/credit notes and correct recording Sales Return Provision entries.
• Maintain good relationship with customers
• Ensure to send AR statement to all stakeholders as per agreed schedules and timelines
• Keep records of all advances received from customer and share monthly MIS with management
• Monitoring and reporting provisions for doubtful debts as per Company policy
• Filing of relevant GST returns
• Ensure effective archival of documents and efficient retrieval

Reconciliations

• Perform period reconciliation with customer as per agreed frequency
• Reconciliation of TDS recoverable and coordination with customer to close any gaps
• Reconciliation of sales registers with GSTR
• Ensure that reconciling items are resolved within stipulated time limits
• Ensure all the cash, bank, card as applicable are reconciled monthly
• Lead the implementation of any new projects and processes relating to improvement in Accounts Receivables process

Month-end Reports

• Provide month-end reports to HOA relating to sales closing
• Provide month-end reports to all stakeholders, ageing of debtors and advances MIS
• Ensure the correct month end closing of all sales related ledgers
• Provide month end manual schedule for financial package to Group reporting

Internal control and Audit process

• Provides any documentation requested for testing purpose: external audit, internal controls, ICS related functions etc.
• Participates in implementation of recommendations, if needed
• Contributes to the formalization or continuous improvement of standard operating procedures and processes.

Other / adhoc requests

• Assist HOA in various project request and scanning environment for analysing changes of relevant applicable tax laws on RIPL
• Assists HOA in any other tasks as may be required.

Education:

B.Com / MBA Finance

Required experience:

Not less than 4-5 years of post-qualification experience

Technical skills / abilities:

• Good core accounting skills
• Exposure to work practices in a corporate
• Exposure to handle a team in big size corporate.
• Knowledge of SAP an advantage
• Ability to handle large volume

Personal skills:

The successful candidate will have the following personal qualities:

• Good communication
• Mathematical acumen
• Strong inter-personal skills
• Team handling experience
• Sound knowledge of Excel (SAP and Oracle is any advantage)
• Ability to handle pressure and meet tight deadlines

What's in it for you?

Pathways for career development

• Work with colleagues and clients around the world on interesting and challenging work.
• We provide internal career opportunities, so you can take your career further within TMF.
• Continuous development is supported through global learning opportunities from the TMF Business Academy.

Making an impact

• You’ll be helping us to make the world a simpler place to do business for our clients.
• Through our corporate social responsibility program, you’ll also be making a difference in the communities where we work.

A supportive environment

• Strong feedback culture to help build an engaging workplace.
• Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work-life balance to perform at your best.

Applications close: 15 Aug 2022 India Standard Time

For further information, and to apply, please visit our website via the “Apply” button below.