Senior Executive - Accounting and Taxation
- Recruiter
- TMF Group
- Location
- Gurgaon
- Salary
- Competitive salary plus great benefits
- Posted
- 18 Jul 2022
- Closes
- 16 Aug 2022
- Ref
- 552187
- Job role
- Accountant, Credit control, Financial analyst, Tax
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Qualified accountant
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.