Senior Specialist

Job ID

32216

Location

Bangalore, India

Work Types

Permanent

Categories

Client Accounting

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About TMF Group

TMF Group is a leading provider of administrative services, helping clients invest and operate safely around the world. As we're a global company with 11,000+ colleagues based in over 125 offices across 87 jurisdictions, we actively seek out people with the talent and potential to flourish at TMF Group, whatever their background, and offer job opportunities to the broadest spectrum of people. Once on board we nurture and promote talented individuals, making sure that senior positions are open to all.

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

Discover the Role

It is an area experiencing significant growth in TMF, thus providing an opportunity for great career development.

Key Responsibilities

• Financial System Oversight: Conduct daily review and oversight of accounting operations within the CFIS, IAN, and IMOS financial systems to ensure accuracy and procedural adherence.
• Accounting Skills: A solid foundation in accounting principles, practices, and procedures is essential for effective financial management. This includes a thorough understanding of Generally Accepted Accounting Principles (GAAP), financial statement preparation, reconciliation techniques, and budgeting processes. The ability to analyze financial data, prepare accurate reports, and ensure compliance with regulatory standards is crucial. Proficiency in key accounting concepts—such as accruals, amortization, and depreciation—enables the professional to contribute to financial decision-making and support overall business objectives.
• Software Proficiency: Advanced proficiency in MS Excel and Word is vital for performing complex data analysis, creating detailed financial reports, and maintaining organized documentation. Skills in Excel include using formulas, pivot tables, and data visualization tools to interpret and present financial data effectively. Familiarity with accounting software, such as SAP, Oracle and Tally, allows for efficient processing of transactions, streamlined reporting, and improved accuracy in financial operations. Knowledge of ERP systems enhances the ability to integrate financial information across various business functions and supports real-time data analysis.
• Communication Skills: Excellent verbal and written communication skills are essential for conveying complex financial information to a diverse audience, including non-financial stakeholders. The ability to present financial data clearly and concisely fosters understanding and facilitates informed decision-making. Strong communication skills also enhance collaboration within teams and with external clients, allowing for effective negotiation and relationship management. Proficient report writing and presentation capabilities ensure that financial insights are shared in a manner that supports strategic planning and operational efficiency.
• Team Management: Strong leadership skills to motivate and guide a diverse finance team, fostering collaboration and professional development. Proficient in performance management, conflict resolution, and resource allocation to optimize productivity. Committed to training team members on best practices and software utilization.
• Client Coordination: Exceptional interpersonal skills for building and maintaining relationships with clients and stakeholders. Effective in client communication, setting expectations, and promptly addressing inquiries. Skilled in gathering client feedback to drive continuous improvement and enhance service offerings. Experienced in collaborating with cross-functional teams to ensure seamless execution of Accounts Payable operations.
• Statutory Compliance Management: Lead the review process and provide dedicated support to the team for all statutory compliances, specifically managing payroll processing, TDS (Tax Deducted at Source) filings, PF (Provident Fund) administration, and PT (Professional Tax) obligations.
• Financial Planning & Analysis: Prepare comprehensive budgets and forecasts for designated expense categories, securing DTA (assuming this refers to a Decision Tracking or Departmental approval process) approval prior to implementation.
• Payment Cycle Management: Perform rigorous verification and processing of vendor and internal payment requests, ensuring compliance with approval workflows and company policies.
• Bank Relations & Coordination: Maintain effective coordination with banking institutions regarding account management, transaction processing, and resolving any banking-related queries or issues.
• Audit Coordination & Support: Act as the primary point of contact and coordinate closely with external auditors throughout statutory and FCRA (assuming Foreign Contribution Regulation Act) audit processes, providing necessary documentation and support.
• Data Migration & Reconciliation: Execute Tally conversion projects and perform subsequent reconciliations to ensure data integrity between systems.
• FCRA Compliance Support: Provide essential support for FCRA-related filings and reporting requirements mandated by the Ministry of Home Affairs (MHA).
• Employee Development: Organize and deliver regular training sessions for employees, addressing skill development needs as identified by the Area leadership.
• Local Unit Collaboration: Coordinate effectively with leaders across Local units to align financial activities, share information, and support operational needs.
• Reporting & Analysis: Compile, analyze, and prepare detailed monthly financial reports, ensuring timely dissemination to relevant stakeholders.
• Funding Coordination: Liaise with the Area team to manage and coordinate inter-unit transfers and funding requirements with the Head Office (HQ).
• Ad-Hoc Task Execution: Proactively undertake any additional tasks or projects as assigned by the Area team, demonstrating flexibility and adaptability.

Experience:

• • A minimum of 8 -9 years of robust experience in Accounts Payable or similar finance roles, showcasing progressive responsibilities and leadership capabilities.

Key Requirements

• • Bachelor's degree in commerce, Finance, or a related field. A professional accounting qualification with is highly desirable.
• • Detail-Oriented: A meticulous approach to work, ensuring accuracy and attention to detail in all financial dealings.
• • Proactive: A results-driven mindset with a commitment to delivering high-quality output and improving processes.
• • Team Player: Strong interpersonal skills with the ability to collaborate effectively across teams and build positive relationships.

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.
• Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work-life balance to perform at your best.

Other Benefits

• Marriage Gift policy
• Paternity & Adoption leaves
• Interest free loan policy
• Salary advance policy
• Wellbeing initiatives

We're looking forward to getting to know you