Executive - Accounting and Taxation (Implant)

**About TMF Group**

TMF Group is a leading global provider of high-value business services to clients operating and investing globally. We focus on providing specialized and business-critical financial and administrative services that enable our clients to operate their corporate structures, finance vehicles and investment funds in different geographical locations.

**TMF India **is a Great Place to Work, ISO & ISAE certified organization.**

**Key Responsibilities**.
- To ensure complete and accurate recording for all payable transactions.
- To prepare periodic reconciliation with vendors and ensure no gaps.
- To coordinate with Brand/Department, Supplier, GL Team and Treasury for payment related concerns
- To prepare month-end management reports and assist in other reports as may be required.
- To co-ordinate for month-end closing by assisting Head of Accounts in expenses analysis and any other ad-hoc analysis from time to time.
- _To coordinate and liaise with third party service provider for Accounts Payable functions of Montblanc Retail entity._

**Accounts Payable**
- Manage in a timely manner the reception, scanning, compliance validation and accurate booking of supplier invoices in line with GST and Company requirements
- _Develop a review mechanism for tracking of invoices and payment process for Montblanc Retail entity_
- Track invoice status and progress (processed, with exception and/or rejected)
- Raise a flag on any identified risk or deviation from any company policies and procedures for Richemont India
- Ensuring the accuracy of vendor ledger postings and analysis of movement of accounts.
- Raise a flag on any identified risk or deviation from any company policies and procedures
- Effective documentation and record-keeping of all the transactions recorded in accounting system.
- Validate and check the weekly payment run
- Ensure effective archival of documents and efficient retrieval.
- _Perform and review periodic vendors reconciliations as per agreed frequency and timelines for Richemont India and Montblanc Retail._
- Ensure that reconciling items are resolved within stipulated time limits.
- Other AP ad-hoc tasks

**Month-end Reports**
- Posting of monthly COGS and analysis of variances.
- Provide month-end reports relating to expense payable, analysing expense accruals for both brands and OVH in line with budgets & actuals.
- Analysis of ageing of vendor payables.
- Provide reports for preparation of various taxation related returns.
- Analysis of Journal Vouchers posted during the month with the DOA matrix and reporting the deviations.
- _SAP user support on PO and AP related queries for Richemont India and Montblanc Retail_
- Taking care of pre-payments made by the company, amortizing them based on relevant time period and preparing schedule for the same.
- Assist in stock reconciliation and highlighting the variances.
- Monthly reinstatement of foreign currency assets and liability and recognizing the exchange or loss for the same.

**Fixed Asset**
- Creation/modification/disposal of assets, charging depreciation and prepare FAR along with depreciation schedule for audit purposes.

**Internal control and Audit process**
- Providing all relevant documentation & schedules required for testing purpose: external audit, internal controls, ICS related functions etc.
- Participation in implementation of recommendation, if needed
- Contributes to the formalization or continuous improvement of standard operating procedures and processes.

**Other / adhoc requests**
- To keep abreast of all applicable, relevant statutory topics and ensure compliances thereto for the relevant function
- Assist in the implementation of any new projects and processes relating to improvement in vendor payable cycle.
- Assists Head of Accounts in any other tasks as may be required.

**Education**:
B.Com/ Finance Graduate, professional accounting qualification would be an advantage

**Required experience**:
Not less than 3-5 years of relevant experience, exposure in luxury goods industry would be an advantage

**Technical skills / abilities**:

- Good core accounting skills
- Exposure to work practices in a corporate head-office preferred
- Knowledge of international payment regulations and processes is preferred
- Knowledge of SAP FICO

**What's in it for you?**

**Pathways for career development**
- Work with colleagues and clients around the world on interesting and challenging work.
- We provide internal career opportunities, so you can take your career further within TMF.
- Continuous development is supported through global learning opportunities from the TMF Business Academy.

**Making an impact**
- You’ll be helping us to make the world a simpler place to do business for our clients.
- Through our corporate social responsibility program, you’ll also be making a difference in the communities where we work.

**A supportive environment**
- Strong feedback culture to help build an engaging workplace.
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