O bjecti v es of t h e P osi t ion

• Ensure that statutory reporting is completed in compliant manner and on timely basis

• Ensuring efficiency in day to day operations in Payables

• Ensure compliance with FEMA regulations for foreign payments

• Country level Insurance Gatekeeper

M ain T as k s

Payable Monitoring

• Partner with Local bankers, procurement leads, supply chain leads and Malaysia team to run an efficient payable operations

• Monitor payables KPI & constantly find out improvement areas and drive the same with Malaysia team and local end users

• To lead the implementation of new global & regional processes / initiatives in payables area with active coordination with local end users

• Ensuring FEMA, RBI, and MSME compliances

• Support GST team to enable them in taking maximum GST credits. Co-ordinate between GST and Malaysia team to rectify invoice posting errors if any

Insurance

• Compliance with group guidelines in terms of insurance

• Co-ordinating with insurance advisors & business units

• Ensuring optimal insurance coverage with cost benefit analysis

• Liaise with regional and global insurance team

• To ensure the changes in local laws impacting insurance are adhered to.

• Changes in business model to be aligned with Insurance policies

• Support to Local BU's/FU's in day-to-day issues/ queries

• Liaise with Statutory Auditors on quarterly basis for local & yearly basis for group+ local audits in all above areas

Financial Reporting:

• Handle financial reporting for BASF group company including GL Monitoring, Audit (including liaison with Deloitte), MIS and Group Reporting support to HUB

• Ensure completion of cost audit in coordination with HUB team in timely manner

• Ensure completion of FRC / IFC

Job Skills:

1. Analytical

2. Good at SAP

3. Up-to-date and Expert know-how of Indian and IFRS accounting standards and local regulations (e.g, Companies Act)

Job Requirements

• Chartered Accountant

• 5 years+ (experience with MNC & /or Big 4 audit firms is a must)

• Working knowledge in SAP

• Hands on experience in handling foreign payments under FEMA

• Good knowledge of end-to-end P2P processes

• Up-to-date and Expert know-how of Indian and IFRS accounting standards and local regulations

• Proficient with MS Office

• Fluent in English with strong communication and interpersonal skill