Finance Associate

1 month ago

Bengaluru, India Koch Industries Full time

**Your Job**
You will be designated as Finance Associate

**Our Team**

You will be a part of the Finance & Accounting division at KGSI.

**What You Will Do**
- (O) Raise billing documents. (R)
- (O) Customer subledger clearance
- (O) Dispute management
- (P) Invoice processing
- (P) Vendor sub-ledger clearance
- (P) Timely and accurate payment run.
- (P) Setting up of Vendor & Bank accounts (Vendor Master data management)
- (P) Preparation of Customer & Vendor Reports (Ageing Reports)
- (R) Clearing of Bank items on day to day basis and make sure these is no significant P&L overstated and under stated
- (R) Reclassify the bank clearing accounts' balances to the proper corresponding GL accounts such as payables, receivables, accruals, and expenses etc.
- (R) Calculating and posting of accruals, provisions and other adjustment journals on a periodic basis.
- (R) Preparing and posting of journals in SAP which has impact on balance sheet as well as P&L.
- (R) Have a track on journals posted and complete the entire requests with SLA's.
- (R) Preparation of Bank & Balance Sheet reconciliation and investigating on unreconciled items.
- (R) Liaise with the Sub-ledger teams in clearing of the Bank open items.
- (R) Performing a revaluation activity in SAP & preparation of manual Entries for revaluation and post in SAP if necessary.
- (R) End to End responsibility of the entity during month end close.
- (R) Month end activity consists of posting of Journals, extraction of reports to prepare Journals & responding to customer queries on time.
- (R) Liaise with all sub-ledger module owners and ensure timely closure of all sub-ledgers & also timely payments & follow up for the receipts.
- (R) Preparing balance sheet and sub-ledger reconciliations
- (R) Assist the accounting manager with internal and external audit requests.
- (R) Interact with internal and external auditors; provide clarification on those items requiring additional support.

**Who You Are (Basic Qualifications)**
- An undergraduate in BCOM, BBA,BBM (or similar degree)
- Knowledge in excel, PowerPoint & basic computer knowledge.
- Great written and verbal communication skills
- Creative mindset and team player


**Who We Are**

Koch Industries creates and innovates a wide spectrum of products and services that make life better. Our work spans a vast number of industries across the world, including engineered technology, refining, chemicals and polymers, pulp and paper, glass, electronics and many more. Headquartered in Wichita, Kansas, Koch employs 120,000+ employees across the globe.

At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.

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