Senior Specialist - Corporate Finance

Job Description

What you will do: The Accounts Receivable & Compliance Specialist plays a pivotal role in ensuring the financial health and regulatory compliance of the organization. Responsible for managing both accounts receivable functions and statutory compliance, this position requires a keen eye for detail, strong analytical skills, and proactive communication abilities. Key Responsibilities: Accounts Receivable Responsibilities: Inter-company billing computation: Performs the month-end inter-company billing process, including variance analysis and cross-charging expenses to inter-company entities. Invoicing: Prepare e-invoices in compliance with GST Rules and distribute to inter-company entities for services rendered. Collecting Payments: Review the foreign inward remittance received in the bank from Inter-company entities and submit a purpose response on the bank portal. Invoice Mapping: Align invoices with Foreign Inward Remittance received and maintain accurate tracking records. Balance confirmation and certification: Confirming balances with inter-company entities and certification in the OneStream tool Reconciliation: Perform revenue reconciliation for transfer pricing mark-up validation and conduct segmental analysis. Aging Analysis: Conduct aging analysis of inter-company receivables and actively follow up on overdue payments. Compliance Responsibilities: Statutory Compliance (STPI): Manage non-STPI compliances, including Softex filing and returns filing with STPI Authority for multiple locations. RBI/FEMA Compliance: Mapping Softex details and exporting invoices with Inward remittance on the bank portal, ensuring that invoices are closed regularly in coordination with the bank. Assist in Audits: Prepare Related Party Transactions, reconcile with Segmental analysis, and facilitate communication with auditors. Other Responsibilities: Communication: Foster smooth and regular communication with internal teams and external stakeholders, maximizing collaboration even in remote work settings. Analysis: Analyze financial data and trends to identify areas for improvement and potential risks. Fixed Asset Management: Knowledge of Fixed Asset Accounting, Managing fixed assets process end to end in the system as per the company policy. Treasury Management: Knowledge of Fund management, Cash flow Management, and correspondence with the Bank for Investment of surplus funds. Problem-solving: Address issues or discrepancies in accounts receivable and compliance areas, proposing potential solutions to the team. Software Proficiency: Utilize accounting software and compliance management tools efficiently to streamline processes and maintain accurate records. What are we looking for: Proven experience in accounts receivables or intercompany transactions or relevant finance role, preferably in a multinational corporation or large organization. Familiarity with Direct and Indirect tax regulations and reporting requirements. Strong understanding of accounting principles and practices, with knowledge of Indian accounting standards. Excellent attention to detail and accuracy with the ability to prioritize tasks and meet deadlines. Effective communication skills, both verbal and written, with the ability to interact professionally with internal and external stakeholders. Proficiency in SAP accounting software. Ability to work independently as well as collaboratively within a team environment. Ability to prioritize tasks in a fast-paced environment Your Qualifications: Inter CA/ Inter CMA / Bachelor's degree in accounting, finance, or related field. Work Experience - 4-6 years in a similar role. Preferred Location - Ahmedabad