Senior Accounts Executive

Firm Name: AltQuad

Location: Vidyavihar, Mumbai & Marol Naka (Client Place)

Type: Full-time, Employment

Budget: INR 28,000 to 32,000 per month

Point of Contact: Falguni Bhanushali— ,

Number of Vacancy : 1

Summary

The Accounts Executive will be responsible for executing key monthly and daily accounting operations, primarily focusing on intercompany loans, accounts payable, sales tax reporting, and revenue recognition within the SAP S/4HANA environment. The ideal candidate must possess strong analytical skills, meticulous attention to detail, and practical experience working with an integrated ERP system.

Key Responsibilities

1. Intercompany Accounting & Loan Management: Monthly Calculation:
   
   Execute and perform detailed monthly calculations for intercompany loan interest, ensuring accuracy in accruals and repayments based on agreed-upon terms and rates.

SAP S/4HANA Updates: Accurately update and post the calculated intercompany loan entries and adjustments into SAP S/4HANA on a monthly basis.

Reconciliation: Assist in the reconciliation of intercompany balances as needed.

1. Accounts Payable & Vendor Management
   
   Bill Verification: Review and verify vendor bills that have been "parked" by the team in SAP S/4HANA for correctness, proper coding, and alignment with company policies.
   
   Posting: Process and post the verified vendor bills into the live accounting system within SAP S/4HANA.
   
   Compliance: Ensure all accounts payable postings comply with established internal controls and documentation requirements.

2. Tax Reporting
   
   Sales Tax Reporting: Prepare and compile the monthly sales tax report for the USA, ensuring compliance with relevant state and local tax regulations.
   
   Filing Support: Assist in gathering necessary documentation and data to support the timely filing of sales tax returns.

3. Revenue Accounting & Reporting

Report Creation : Create a monthly revenue report based on the settlements in the bank account. Check the settlement report and reconcile the settlement report with the bank once every week. Create a SAP upload report based on the settlement report created after completing the reconciliation needed. Reconcile the SAP upload report with the bank.

Posting: Post the finalized revenue entries and adjustments into the General Ledger within SAP S/4HANA, adhering to recognized accounting standards.

Qualifications and Skills

Experience: Proven experience in an accounting or finance role, preferably within a corporate or shared services environment.

Technical Skills: Strong understanding of Accounts Payable, Intercompany Accounting, and basic knowledge of US Sales Tax concepts.

Analytical Ability: Excellent numerical and analytical skills with a high degree of accuracy and attention to detail.

Software: Proficiency in Microsoft Excel (VLOOKUP, Pivot Tables, basic formulas) for data manipulation and analysis.

Education: A Bachelor's degree in Accounting, Finance, or a related field is preferred.

How to Apply:

Interested candidates can send their resume with your reason for change of job, current salary, expected salary, notice period and location to or reach out to , or you can apply to the QR Code mentioned in the JD

More about AltQuad:

AltQuad Global Website:

AltQuad Global LinkedIn:

AltQuad Global Office: Vidya Vihar (W), Mumbai –

AltQuad Global Recruitment Form:

Job Type: Full-time

Pay: ₹28, ₹35,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Work Location: In person