About the role
Designation: Senior Management Accountant - Global Service CentreBase Location: ChennaiReporting to: Regional Finance Manager/Director
Job Summary :To lead and oversee the management of the Finance and Accounting function to ensure execution ofcompany strategic goals and objectives. In addition, to lead and execute corporate special / adhocprojects as requested by the Regional Finance Manager/Director.
Key Role Responsibilities:
BusinessProviding support to the BU Heads, in administering Operational controls for smooth conduct of business Support the BU Heads, with BU presentations Cost control and recommendations for optimizing costs Ensuring change initiatives are thoroughly implemented and understood by all stakeholders
Finance Operations & Control: Ensuring compliances with statutory matters Handling internal and risk compliance Ensure submission and audit of annual financial statements for the BUs within the statutory timelines Handle monthly book and annual book closure and reporting within the timelines as provided by
Corporate; Ensure completeness and accuracy of accounts and financial reporting Regular monitoring and detailed review of all financial numbers and balances for the Bus Review monthly reconciliations of inter-company balances and other balance sheet items Liaise with Internal/external auditors and satisfactory resolution of audit issues, if any Maintain all accounting reconciliations and other review and work papers in an organised manner onthe POML shared drive
Treasury & Forex Management: Ensure effective cash flow management at all times Operational forex risk monitoring Manage Working Capital Collections and receivables specifically the one with potential risk.
Risk Management & Compliance Enhance risk management and monitoring Ensure foreseen risks are identified, effectively managed and/or escalated Ensure compliance to policies and procedures, IFRS and auditing standards.
Bugdet and Business Plan Lead the preparation of the BUs budget and monitor financial performance versus the budget so thatthe business is aware of anticipated costs/revenues, and areas of unsatisfactory performance areidentified and adequately addressed in a timely manner and potential performance improvementopportunities are capitalized upon Analysis in detail the financial variances to budgets and forecasts for P&L and Balance Sheet Support the BU heads in the process of planning, budget and control Maintain all budget work papers and other review and presentation files in an organised manner on thePOML shared drive.
AP AR Experience Accounts Payable (AP) Policy & Controls: Ensure adherence to AP policies, approval workflows, andcompliance with accounting and tax regulations. Invoice Processing & Accuracy: Oversee timely andaccurate invoice verification, coding, and booking with proper approvals. Payment Management: Planand execute vendor payments in line with cash flow priorities and agreed terms. Vendor Management:Maintain vendor master data, resolve queries, and ensure smooth vendor relationship management.Reporting & Reconciliation: Prepare AP aging reports, perform vendor reconciliations, and ensureaccurate month-end accruals. Accounts Receivable Credit Control: Monitor customer credit limits and terms to minimizerisk and ensure timely collections. Billing & Collections: Ensure accurate invoicing and drive proactivecollection efforts to reduce overdue receivables. Cash Application: Oversee timely posting of customerreceipts and resolve unapplied cash issues promptly. Dispute Management: Investigate and resolvebilling disputes quickly to maintain customer relationships and prevent write-offs. Reporting &Reconciliation: Prepare AR aging reports, forecast collections, and reconcile customer accounts foraccurate financial reporting.
Taxation Oversee the regions tax process including filing of returns, completion of assessment and review ofoptimum tax structure Oversee regional Tax computations and filing of tax returns Compliance of regional tax laws as applicable
Skills Expert knowledge in MS Excel and ERP package Working knowledge in Orcale preferred Microsoft Office (Excel, Word, PowerPoint) IFRS Reporting Knowledge Negotiations skills
Education & Qualifications: Qualified Chartered Accountant, CPA or ACCA or equivalent Minimum Experience Must have minimum 10 years experience in Finance and Accounts of which at least 5 years should be as Finance Manager Must have experience in interaction at a Senior Management level Must have experience in working in similar Industry for minimum 3 years.