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Executive - Finance

Employer
Huntsman
Location
Mumbai Mumbai Maharashtra, Maharashtra, India
Salary
Competitive Salary
Closing date
Dec 10, 2023

View more

Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Description:

General Purpose of Job
  • Ensure timely upload of bank Statements in SAP
  • Coordinate with the respective department (Internal Team) for clearing the open items and also coordination with bank for getting collection details wherever is missing to avoid any open items.
  • Perform clearing of bank general ledgers in SAP transactions.
  • Prepare and submit of Bank Reconciliation statements as per deadline with justification of open items, if any.
  • Ensure timely payment of Custom Duty and Statutory Payments like TDS, GST and other Government. related Payments.
  • Co-ordinate with supply chain team and bank to ensure timely processing of foreign payments.
  • Proactively resolve the issue arising due to discrepancy of information, non-submission of documents etc, impacting foreign payments.
  • Ensure timely submission of letter credit through coordination with bank and purchasing team.
  • Ensure proper communication with corporate treasury team.
  • Ensure compliance of Treasury procedures and guidelines
  • Export documentation and knowledge of start to end process.
  • Attend audit queries and requirements of internal and external audits.
  • Provide all the sampling documents required by both external and internal auditors within the due date.
  • Prepare various schedules for statutory audits (Receivable Aging, Payable aging, Related party transactions, payroll accrual movements, legal and professional fees etc)
  • Participate in month-end closing activities and complete all related tasks.
  • Ensure revaluation of bank balances in EEFC account.
  • Ensure proper accounting of export incentives through coordination with Supply chain.
  • Ensure posting of all the accruals provided by various functions and divisions.
  • Adhere to month-end timetable and key deadlines.
  • Partner with various functions to streamline and manage processes.
  • Recommend improvements and implementation to develop and improve internal controls.
  • Ensure SOX compliances are adhered to
  • Participate on ad hoc projects.


Prioritized Essential Functions and Responsibilities
  • Safety: Ensure own safety and that of team-mates through active involvement in safety programs.
  • Financial Data Integrity: Ensure appropriate processes are in place to underpin the financial integrity of the Huntsman business including:
  • Compliance with local laws, Sarbanes Oxley, and applicable local, international & US Accounting Standards.
  • Appropriate internal controls.
  • Completeness, accuracy and timeliness of local GAAP and USGAAP reporting.
  • Financial Management: Ensure Huntsman business reporting requirements for assigned entities are met, including:
  • Management reporting (USA and local - including PAW / TM1 actual & forecasts).
  • Assist in satisfactory completion and timely lodgement of statutory accounts.
  • Assist in management of all audit processes - internal and external.
  • Assist in providing financial information to various stakeholders as required.
  • Delivery of services consistent with the business services strategy including service level.
  • Agreements and key performance indicators.
  • Stakeholders Management: Liaison with business management teams (including progress reporting & Business Services representative).
  • Business Advisory: Add value by providing professional service resources to support Huntsman Global Business goals including, S&OP, general accounting support, payroll, and capital expenditure review/authorisation.
  • Project Management: Provide project management for key projects within ASSC or in support of key business opportunities.


Other key

responsibilities:

  • Actively seek opportunities to improve operational efficiency and effectiveness.
  • Support ASSC Manager / Manager-Financial Reporting on global/ regional initiatives.


Specific Skills and Knowledge
  • High integrity and ethical values.
  • B Com with Minimum 5-8 years in treasury, accounting and/or auditing experience within a large corporations / multinational environment
  • Knowledge of SAP, Consolidation tool (such as TM1) is a significant advantage.
  • Proficiency in computer skills including Microsoft WORD, EXCEL, PowerPoint, etc.
  • Able to prioritize tasks and to work to deadlines.
  • Experience in managing change, implementing new procedures and re-engineering processes is an advantage
  • Experience in working in a service driven, customer focused environment.
  • Operated in a SOX compliant environment is an advantage.
  • Knowledge of Process Improvement is an added value.
  • Strong analytical, interpersonal and communication skills


Additional Locations:

Skills: Treasury, Microsoft Word, Process Improvement, Accounting, Auditing, Communication, Powerpoint, Interpersonal, Excel, Analytical, Sap

Experience: 5.00-8.00 Years

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