Executive – Finance

Responsibilities

This position is responsible for managing the P2P process for all vendors, adhering to the internal control matrix. It also involves maintaining the fixed asset register (FAR) and managing the depreciation run in SAP. Additionally, this role supports collections, reconciliations, and ensures compliance with TDS / TCS regulations. The position also involves preparing and compiling necessary documentation for banks, audits, and assessments.

Key Accountabilities

Accounts Payable

• Vendor creation and updates, recording of accounts payables, reconciliation, and balance confirmations
• Monthly aging of payables, management of open items, and adjustments against advances
• Creation of purchase orders (PO) for OPEX and CAPEX
• Reconciliation of vendor balances, including quarterly confirmation frim vendors and intercompany
• Recording of intercompany transactions, processing payments, and coordinating with consultants for 15CA / CB compliance
• Collaborating with consultants and auditors during audits and assessments
• Maintaining transaction schedules for rent, deposits, interest, consultancy, and other OPEX-related expenses
• In-depth knowledge of TDS rates, withholding tax returns, and GST compliance

Bank Transactions and Correspondence, Fixed Assets

• Managing bank transactions, uploading payment requests for intercompany transfers, third-party vendors, and forex transactions
• Assisting with the recording and compilation of documentation for import / export compliance
• Familiarity with EDPMS / IDPMS systems, customs compliance, and payment procedures
• Recording and reconciling fixed assets, preparing the fixed asset register (FAR), and managing monthly depreciation runs
• Conducting physical verification of fixed assets and stock
• Providing timely support for MIS reporting
• Knowledge of statutory payments, custom duties, and GST payments
• Coordinating with statutory auditors, GST / tax auditors, and internal auditors to provide necessary information and documentation

These accountabilities may be extended to enhance the impact of the role on business and innovation.