Job purpose:
We are looking for a detail-oriented Senior Executive/Executive – Finance to perform and coordinate accounting duties within our organization. The accountant’s responsibilities include preparing financial reports, Prepare Tax reports and submit to authority, co-ordinate with Service center for account reconciliations, maintaining the general ledger, handling audit requirements, and performing other accounting duties as assigned by the Global team.
To be successful as a Senior Executive/Executive – Finance, you should have a solid working knowledge of IFRS and strong financial analysis skills. An outstanding Senior Executive/Executive – Finance should also possess strong Excel skills, be detail-oriented, highly organized, and able to work with little to no supervision and perform under pressure. This role will report to the Global finance Team.
MIS & GL:
- Prepare accurate and timely Monthly PNL & BS reports to Branch head and Head office & Year End Financial reports in co-ordination with Service Center and Global Finance team to meet deadlines defined by Management.
- Ensure Recording, classifying, and summarizing financial transactions by Service center accounts team in accordance with International Financial Reporting Standards.
- Coordinate with internal & external auditors & provide necessary information and prepare requested documentations & schedules (prepayments, loan schedule, AP ageing, deposits etc.). Ensure that the Audit is completed as per the scheduled time.
- As a partner in the accounting process, recommend how to improve efficiency using automation
- Manage all accounting transactions, Handle monthly, quarterly, and annual closings (Finalization of accounts). Publish financial statements in time.
- Prepare the budget in consultation with Branch head and publish to global team and ensure that Internal controls, cost control measures and expense management is followed in the branch offices.
- Understand Corporate Laws and regulations and other local laws of the country and ensure compliance with all statutory requirements
- Cash flow: Prepare weekly cash flow forecast & discuss on the funding/cash flow requirement with HO.
- Ensure reconciliation of payable and receivable accounts are carried out in Service center, co-ordinate to pass necessary Accruals, reclass, prepayment & provisions entries etc.
- Ensure timely bank payments to suppliers done from Service center as per the credit agreed.
- Ensuring that revenue & COS & intercompany transactions are reconciled properly and settlement to group companies are done monthly.
- Prepare, understand, and adhere to tax regulations and ensure timely payment and filing of tax returns of the company to be handled by Locations chief accountants.
- Provide other business support as & when required like Admin support etc.
- Fixed asset register maintenance, keeping a track of assets needed to be capitalized
- Petty cash handling
Receivables & Credit control ( fully Handled by country accountant:
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- Analyzing & follow up on Debtor Ageing for allocated salesmen, calling up customers & arranging for Cash & Cheque collections
- Communicate discrepancies to management team, identify slow-paying customers, and recommend collection candidates
- Reconciling customer statement of account & Issuing Credit notes wherever required
- Accounts to be opened as per Credit appraisal Process and as per Authority matrix.
- Update and maintain the credit application form & verify the supporting documents
- Ensure proper receipts entries passed and allocation of vouchers.
- Furnishing all the important debts data like aging reports, statements of accounts to the sales team that facilitates timely debts’ collection reducing the numbers of debtors and credit periods.
- Prepare report for Monthly Debtors meeting with the sales team with brief & proper comments highlighting the issues
- Collect the debtor who is over and above the agreed credit days & monitor the credit limit & Days and inform the management when it crosses the set limits
- Examine customer requests properly, identify the problem and resolve customer’s concerns, supports customers by interacting, coordinating and follow-up.
Key interactions (Internal | External):
External: Customers | Vendors | Banks
Internal: Finance | HR & Admin | Operations | Commercial | Sales
Education requirements
Graduate/ Masters level education, Good computer skills (cargo wise software, related logistics/ shipping/ marine certification, MS Office – Excel)
Language requirements:
English – Fluent (required)
Background and experience:
- 7 to 10+ years’ experience in a similar role with a Freight Forwarding industry background
- Auditing experience
- Meticulous attention to detail with the ability to multi-task
- Ability to work under pressure and meet deadlines
- Ability to work independently and as part of a team
- Excellent documentation, communication and IT skills
Competencies and skills:
- Time management and organizational skills
- Analytical, numerical and problem-solving skills when under pressure and tight work deadlines
- Team management and leadership qualities
How to apply
Please fill out the application form below and share your cover letter and CV.
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