15h Left: Financial Analyst 3
2 weeks ago
Job Category Finance General As Asst Manager FEMA compliance role you will be responsible for ensuring the compliance of the FEMA and related forex exchange law RBI guidelines In this role you will be providing monthly fortnightly update to Finance Management at EPMI on the current status of FEMA compliances and measures taken required to be taken to ensure conformity with the said law You will have the opportunity to work on diverse tasks including collaborating with cross functions and business unit A detail-oriented role with a endeavor and clear mandate on ensuring compliance with Forex laws In This Role Your Responsibilities Will Be Ensuring correctness of payment transactions for upload resolution of discrepancies and upload Co-ordination with various external and internal stakeholders to ensure compliance with FEMA regulation for Payment and Receivable related transactions Overall FEMA tracking for EPMI legacy entity Driving compliance of FEMA at entity and EPMI BU level along with bankers and other stakeholders Preparation of data and report for discussion with WA and Regulatory Setting up routine process for timely clearance of FEMA payables and receivables Other Support for Statutory Group Audit Support in monthly closing activities Support on various ad hoc reviews and report at India WA Who You Are You accurately track all compliances across imports exports MTT etc under the Foreign exchange law prevalent in India You ensure timely action for resolution of FEMA issues update to Management and expedite any long standing pending FEMA compliances You coordinate with banks and internal stakeholders including functional team and BU teams for ensuring the timely FEMA compliances You effectively coordinate with internal Finance teams across BUs for entity level control and visibility of these compliances You should be able to communicate with working groups at bank GFS BU or Entity and functional teams and also escalate the issues in hierarchy if issues not resolved For This Role You Will Need Bachelor s degree in Commerce Inter CA with min 3-5 years of experience in Forex laws and FEMA High Adaptability to manage complex compliance issues Advance Excel Skills Strong and effective Communication skills Understanding of ERP Oracle and MS Office software like MS Excel MS Word and PowerPoint Ability to work in highly demanding matrix organization with complex process systems and tools Strong and effective Communication skills Coordinate with external stakeholders including Customers Banks Effective communication with Management Stakeholders for progress concerns and reviews Organisation skill to handle large volume of data Great teammate who builds and maintains positive team member relations Able to manage and schedule multiple priorities and meet deadlines Key relationships BU teams Collaborate with BU team for key documentation and process improvement required for FEMA compliances Functional teams - Purchase Logistics etc Request support for documentation and process improvements timely payment Finance teams across BU and Entity Management reports for current status measures to be taken and way forward for compliance in FEMA Global Teams Collaborate on various unresolved issues and communicate and implement effective solutions Our Offer to You By joining Emerson you will be given the opportunity to make a difference through the work you do Emerson s compensation and benefits programs are designed to be competitive within the industry and local labor markets We also offer a comprehensive medical and insurance coverage to meet the needs of our employees We are committed to creating a global workplace that supports diversity equity and embraces inclusion We welcome foreign nationals to join us through our Work Authorization Sponsorship About Us Our Commitment to Our People At Emerson we are motivated by a spirit of collaboration that helps our diverse multicultural teams across the world drive innovation that makes the world healthier safer smarter and more sustainable And we want you to join us in our bold aspiration We have built an engaged community of inquisitive dedicated people who thrive knowing they are welcomed trusted celebrated and empowered to solve the world s most complex problems - for our customers our communities and the planet You ll contribute to this vital work while further developing your skills through our award-winning employee development programs We are a proud corporate citizen in every city where we operate and are committed to our people our communities and the world at large We take this responsibility seriously and strive to make a positive impact through every endeavor At Emerson you ll see firsthand that our people are at the center of everything we do So let s go Let s think differently Learn collaborate and grow Seek opportunity Push boundaries Be empowered to make things better Speed up to break through Let s go together Accessibility Assistance or Accommodation If you have a disability and are having difficulty accessing or using this website to apply for a position please contact Emerson is a global leader in automation technology and software Through our deep domain expertise and legacy of flawless execution Emerson helps customers in critical industries like life sciences energy power and renewables chemical and advanced factory automation operate more sustainably while improving productivity energy security and reliability With global operations and a comprehensive portfolio of software and technology we are helping companies implement digital transformation to measurably improve their operations conserve valuable resources and enhance their safety We offer equitable opportunities celebrate diversity and embrace challenges with confidence that together we can make an impact across a broad spectrum of countries and industries Whether you re an established professional looking for a career change an undergraduate student exploring possibilities or a recent graduate with an advanced degree you ll find your chance to make a difference with Emerson Join our team - let s go No calls or agencies please
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