What are the Key Deliverables in this role ?

• Monthly finalization of account & Reporting to parent company.
• Provide necessary schedules or request of information for any queries raised by Parent company finance team/ Auditors.
• Analysis of accounting ledger to provide insight to Finance controller and Management team.
• Balance Reconciliation with Parent company.
• Quantity reconciliation for all purchases with Logistics team. Review monthly and cycle inventory counts with Logistics.
• Management of Insurance along with India team for risk mitigation.
• Process bank deposits & Perform day-to-day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivable data (Backup support).
• Identify discrepancies, irregularities, and fraud risks in documents and transactions. Take appropriate actions to mitigate risks in accordance with bank policies and international trade practices.
• Ensure all transactions comply with internal policies, TCOC (Tata Code of Conduct), international trade regulations, anti-money laundering (AML) standards,
• Additional duties need to be performed as and when required.

Monthly

• P&L Preparation as per India Format (MIS)                                          
• BPC file preparation and updating of BPC report including upload                                
• URP calculation for OI USA stock                                           
• Preparation of LE for OI USA including Early Period View                                
• Early Period View (Same as LE-can be done by same person                                          
• Preparation of LE for OI India to USA sales and elimination                                            
• Submission of LE in BPC                                           
• Weekly Sales MIS preparation for OI USA                                            
• Assist US finance team with managing and reconciling all open trade deduction activities     
• Working Capital/FCF report                                     
• Strong collaboration required with US finance team to ensure timely and accurate submission of FS.                 
• Balance sheet reconciliation for key accrued liability accounts                                       

Quarterly                                            

• Leading Audit requirement completion (includes preparation of Financials)                                               
• Assist with quarterly provisions for AR & Inventory

Yearly                                   

• AOP Preparation                                         
• PLI data preparation  

AD Hoc Projects

• Analysis of Amazon sales- Like to Like & Book Sales                                         
• Tariff Impact (Cogs related)                                     
• New TP Impact (Cogs related)                                
• NPD  Cost & P&L Analysis (Cogs related)                                             
• Airship vs Sea freight Analysis (Cogs related)                                      
• Growth Plan vs OOS 6.4.25                                      
• PLI Scheme                 

What are the Critical success factors for the Role ?

• Able to match with US timing. (Ready to work at least in UK shift timing)
• A bachelor’s degree in finance, or a related field is typically required.
• 6-7 years’ experience in accounting, auditing and finalization of accounts.
• Advanced knowledge of Excel and experience with Oracle NetSuite software strongly preferred. 
• Strong communication and interpersonal skills required to work with various departments

What are the Desirable success factors for the Role ?

• A strong understanding of trade finance principles, and international trade regulations.
• Experience with CPG industry would be preferred.