Job Title : Management Trainee-Finance Department / SOA Finance & Accounts Department / SOA Operations
Qualification : Bachelor of Commerce
Experience : 0-6 Months
Location : Bangalore
Shift : Day shift ( 10 am to 7.30pm)
Salary : 4-5 LPA
Work mode : Work from office
Other Skills Good Communication Skills
Proficiency in French Language
1. Accounts Payable Job Description / Responsibilities 1. Invoice Booking ▪ Booking invoices on a daily basis. ▪ Managing the approval workflow for invoices without purchase orders (PO). ▪ Assigning the GL code, cost center, and allocations for invoices without PO.Managing approval workflow for PO invoices in case of discrepancies such as quantity or rate mismatches, additional charges, GL account, and cost center clarifications. ▪ Handling auto-debit and down payments. ▪ Running weekly payments and booking payment entries in the ERP. ▪ Reconciling vendor accounts, addressing suppliers' claims, and checking their statements.
2. MIS ▪ Circulate Accounts Payable Report on a weekly basis. ▪ Prepare Cash outflow statements on a weekly basis. ▪ Handle month-end provisions and accruals for non-PO-based and other monthly recurring expenses. ▪ Analyze advances and Open GRIR/Payables. ▪ Review Accounts Payable, GRN, and OSL, and cleanse old GRN after a local review quarterly. ▪ Perform inter-company reconciliation every month. ▪ Reconcile Sub-Ledger Vs GL for Accounts Receivable, Accounts Payable, Goods Received Not Invoiced (GRN), Inventory, and Goods In Transit (GIT). ▪ Conduct AP reconciliation. ▪ Perform Bank reconciliation.
3. Internal control ▪ Implement double-entry control. ▪ Set up new supplier settings control with the first invoice booking. ▪ Conduct Random sample check. - Compare Booked Invoice vs. actual Invoice, - Check for high-amount data entries, duplicate invoices, and approvals. - Cross Check - Bank details entries and modifications (a report exists in QAD to track it). ▪ KPI follow-up and action plan. ▪ Harmonization of processes between regions and sharing best practices. ▪ Manage Accounts Payable (AP) tools and QAD changes and upgrades, taking into consideration changes due to Brexit and potential local tax rate changes.
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Job Title : Management Trainee-Finance Department / SOA Finance & Accounts Department / SOA Operations
Qualification : Bachelor of Commerce
Experience : 0-6 Mont ... Show more
