DTICI - Accounts Payable

Tasks

Preferred Skills

• Payables Accounting, Payment Processing including Statutory Payments and Reimbursements,
• Fixed Asset Management and associated Insurances
• Experience in handling Audits (Internal, Statutory), Preparing Reconciliations and monthly MIS Reporting, Knowledge of Indian Accounting Standards
• Strong analytical and reconciliation skills.
• Ability to manage cross-cultural teams and work across time zones.

Accounts Payable (AP) Operations

• Lead and manage the full cycle of Accounts Payable for the India entity, ensuring accurate invoice processing, vendor payments, statutory payments, and employee reimbursements etc.
• Ensure compliance with local tax laws (TDS, GST) and global accounting policies.
• Manage vendor relationships and resolve issues related to invoicing, payments, and reconciliations.
• Monitor AP metrics like on-time payments, ageing of invoice approval & accounting process, and processing accuracy.
• Support internal and external audits and ensure proper documentation and control adherence (Statutory Audits/ IA/ IFC/ ICS/ ICFR).
• Accounts Payable Escalations Management - Tracking delay in approvals and escalation to respective department managers.

Fixed Asset (FA) Management

• Oversee the end-to-end Fixed Asset lifecycle, including acquisition, capitalization, depreciation, transfer, disposal, and retirement.
• Ensure all assets are recorded and tracked accurately in the Fixed Asset Register and ERP system.
• Monitoring the day-to-day material management (consumable and assets), GRN, capitalization based on the nature of the material.
• Perform physical verification of assets and coordinate with business stakeholders on asset tagging and reconciliation.
• Manage depreciation runs, impairment testing, and month-end/year-end closing related to fixed assets.
• Ensure compliance with Indian accounting standards (Ind-AS), Companies Act requirements, and corporate policies for asset capitalization and useful life.
• Ensuring associated insurance renewals, compliances and claims related to company assets

Monthly Book Closing Support and support in Audits

• Expensing closing of GR/IR A/C clearing & GL Review every month end.
• Ensuring accuracy, completeness, correctness, and validation of monthly accruals/ provisions. Consolidation of Provision for expenses from different departments.
• Review of monthly Prepaid Expenses reporting
• GL Variance Analysis.
• Handling queries raised by other departments.
• Accounts Payable and Fixed Assets monthly MIS reporting.
• Reporting of intercompany monthly account balances to headquarters for group consolidation.
• Support to Corporate, Tax and GST Audits.
• Support internal and external audits and ensure proper documentation and control adherence (Statutory Audits/ IA/ IFC/ ICS/ ICFR) for both AP and FA operations.

Team Leadership & Process Excellence

• Lead and manage a team of 6-8 contractual staff working in AP and FA domain.
• Drive standardization, documentation, and continuous improvement of AP and FA tools, systems and processes.
• Identify and implement automation opportunities (RPA, AI, OCR tools) in both AP and FA areas.
• Participate in global finance transformation projects and transitions of new activities for the entity.

Stakeholder & Governance Management

• Partner with Procurement, Tax, Treasury, and Business Operations for issue resolution and compliance.
• Serve as the key point of contact for Indian entity AP & FA queries for global and local stakeholders.

Job number: 3407 Publication period: 06/03/ /10/2025 Location: Bangalore Organization: Daimler Truck Innovation Center India Private Limited Job Category: Finance/Controlling Working hours: Full time Benefits Parking Canteen-Cafeteria Good public transport Barrier-free workplace Inhouse Doctor To Location: Bengaluru, Daimler Truck Innovation Center India Private Limited Contact Kaushal Chandak Email: [email protected]