
Procurement and Financial Compliance Specialist
17 hours ago
Job Summary:
Key Responsibilities:
- Purchase Accounting & Controls
• Verify and process purchase transactions and vendor invoices.
• Ensure compliance with purchase order terms, GST input credit rules, and payment terms.
• Coordinate with the procurement team to reconcile GRNs, POs, and invoices.
• Validate purchase orders, goods receipt notes (GRNs), and vendor invoices for raw materials, spares, consumables, and capital goods.
• Monitor vendor balances, advances, and resolve discrepancies.
• Identify anomalies, errors, or fraudulent transactions and flag them for corrective action.
Audit Support (Internal & Statutory)
• Prepare and maintain audit schedules and reconciliations related to purchase and cost accounts.
• Support internal and external auditors with required documentation and clarifications.
• Implement audit recommendations and strengthen internal controls accordingly.
Cost Center Accounting
• Allocate expenses to correct cost centers in accordance with company policies.
• Monitor cost center budgets vs actuals and report variances.
• Assist in financial reporting by preparing cost center-wise P&L statements.
Requirements:
- Strong knowledge of AS, Ind AS, GST, and TDS provisions.
- Proficiency in ERP systems (SAP, Oracle, Tally, etc.)
- Attention to detail and strong analytical skills.
- Effective communication and coordination skills across departments.
- Ability to work under pressure and meet deadlines.
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