Finance Executive, 2 to 4 years in Mumbai

Job Description

• Credit card expense checking for expense approvals, limits, tax , vat to ensure compliance
• Personal expenses review, check tax implication, compliance and payment asap
• Good working knowledge of concur expense system to operate and train others as required
• Timely processing/accounting of third party/intercompany incoming invoices incl products
• Daily banking receipts/payments posting and reconciliation
• Fixed asset settlement
• Travel accrual for credit card and personal expenses
• Rolling cash flow
• Monthly interco balance confirmation with all 15 Glenmark affiliates
• Good understanding of accounting behind payables/receivables & stock
• Ensure correct VAT booking from invoices
• Knowledge of local tax , vat & compliance rules
• Procuring and filing all supporting and other related documents for the invoices, where appropriate (contracts, shipping documents, detailed info etc..)
• Knowledge of accruals/prepayments , journals
• Ensure that the goods receipts are processed in proper period based on shipping terms (goods is delivered)
• Clearing and reconciliation of GRIR account on a regular basis
• Monitoring of purchase orders regular review of POs (purchase order) & PO approval matrix
• Preparation and maintenance of list of Vendor invoices in approved format with all required details
• Saving of posted invoices in pdf on share drive
• Preparation of invoices for IH purchases for payments with all supporting details where necessary
• All major vendors balance reconciliations with vendors on a monthly basis
• All Other adhoc support

• Preparation of payment run & documentation for interco payments
• Approved and documented interco payments requirement
• Update of List of vendor invoices after – payments done

• Submitting of requests for new Vendor/Customer creation (GPEL )
• Verification of Vendor data including bank details

• Customer payment allocations
• All Other adhoc support

• Supporting data for reporting package regarding inter-company balances and transactions
• Support in ad-hoc closing transaction

• Desirable to have knowledge of receivables
• Good knowledge of SAP – FI,
• Other ad hoc reports and basis for the controlling department