Senior Executive - Finance
Senior Executive - Finance
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Job Description
At Oxford Instruments we enable the worlds leading industrial companies and scientific research communities to image analyse and manipulate materials down to the atomic and molecular level. With a sixty-year history and fourteen Queens Awards for Enterprise our world-class products and technologies are helping our customers to address the greatest challenges of the 21st century.
Primary Purpose:
This finance role is critical to our business function. It ensures that the financial reporting and planning for the business is reliable timely and effective. It also maintains compliance with the tax & regulatory requirements for the company.
Key Responsibilities
Financial Function:
- Monthly reporting of accounts profitability turnover order booking through Group reporting software.
- Day to day routine activities reporting to respective Business Units.
- Reporting to Local Management on various reports about Finance (profitability overheads budgeting budget vs actual) and HR related activity reports.
- Solely responsible for local audits and reporting to Group Finance on Audit outcome.
- Preparation of Financial statements and other reports preparation.
- Intercompany receivables / payables Timely collection and payments for intercompany transactions.
- Reconciliation of all ledger balances accurately.
- Determining the financial needs and working capital management.
- Overseeing the debtors and creditors control and reconciliation of their dues.
- Control and monitor various payments to vendors customers and service providers and clearance of advances bill passing etc.
- Manage and control the approval and processing of revenue expenditure salary updates general ledger and maintenance of account and data entry
- Regularly monitoring overheads Budgeted vs Actuals
- Liaising with banks for banking transactions which includes timely payment of EMDs Bank guarantee LCs Intercompany Payments Employee credit cards etc.
Tax & Regulatory Function:
- Interacting with the India Country Director to provide support to business planning initiatives through financial and management information analysis reports and recommendations from tax regulatory and financial perspective.
- Ensure company compliance with all legal and required regulatory requirements such as Income Tax regulation Good and Service Tax Transfer pricing Companies Act.
- Timely payment of statutory dues and filing of monthly quarterly half-yearly and annual returns under the regulations.
- Maintain all necessary licenses required for the business of the company
- Update job knowledge by remaining aware of the aforesaid regulations
Payroll & Others:
- Managing the monthly payroll function and liaison with Payroll agency.
- Arranging for Life & Medical Insurance coverage for Local insurance requirements
- Undertaking Full and final settlement activities the time of relieving of the employees
- Responsible for HR related activities locally and reporting to Group HR.
Carry out any other tasks that may be reasonably required by the Company.
Person Specification Essential requirements unless stated
Education / Qualifications:
- Chartered Accountant with 3 years of Industry Experience and matches job profile.
Professional Skills/ Abilities:
- Excellent English written and spoken
Personal Qualities:
- Self-starter diligent and enthusiastic. A professional approach to working independently and managing your own time.
- Flexible co-operative and willing
- Punctual and self-disciplined.
- Willingness to take on responsibility.
All qualified applicants will receive consideration for employment without regard to race colour religion sex sexual orientation gender identity national origin or disability.
Note to recruitment agencies: Oxford Instruments operates a Preferred Supplier List and we do not accept unsolicited agency CVs. Please do not forward candidate details in response to this advert or to any Oxford Instruments employees or other company locations. Oxford Instruments is not responsible for any fees related to unsolicited CVs. #LI-NA1
Required Experience:
Senior IC
Employment Type
Full Time
