Senior Associate, Inter-company

Bengaluru - India

Monthly Salary: Not Disclosed

Posted on: 3 hours ago

Vacancies: 1 Vacancy

Job Summary

Req ID:506593

At Alstom we understand transport networks and what moves people. From high-speed trains metros monorails and trams to turnkey systems services infrastructure signalling and digital mobility we offer our diverse customers the broadest portfolio in the industry. Every day more than 80 000 colleagues lead the way to greener and smarter mobility worldwide connecting cities as we reduce carbon and replace cars.

NETWORK & LINKS:

INTERNAL

Other teams within GFC
Sourcing
Supply chain
Country/Region treasury

EXTERNAL

Banks

OVERALL PURPOSE OF THE ROLE:

To execute responsibilities related to Inter-company process for specific country/countries assigned to the role

RESPONSIBILITIES:

Inter-company :

Receive physical & electronic documents
Retrieve documents from vendor portal
Scan physical and electronic documents
Validate documents
Perform data augmentation
Archive documents according to country policies
Process 3 way 2 way and exception invoices
Manage related litigations
Process credit notes
Manage credit note approvals
Post recoveries down payments and retentions
Post other FI documents adjustments
Respond to supplier queries

Prepare and publish payment schedules
Generate payment proposal
Review payment exceptions
Obtain proposal validation
Calculate and propose funding
Execute various payment methods
Reconcile bank debits with payment file
Record payments entries in ERP
Handle exception requests
Clear liabilities and payments

Order to Cash:

Create change sale / credit / debit orders
Create change down-payment orders
Post change goods issue
Issue change invoice
Monitor Bank Statements and interfaces
Match remittance to invoice
Adjust customer advances retentions
Perform other adjustments (WHT Penalty)
Handle short / over payments
Seek additional information on remittances
Review and clear on-account suspense postings
Perform process controls
Adhere to set process and SOPs in the day to day execution of tasks
Adhere to set controls in the process during execution of tasks

Settlement reconciliation and reporting:

Validate receivables
Provide clarifications on receivables
Manage due dates for receivables
Verify the netting statements
Co-ordinate for regulatory documentation
Record AR settlement entry
Record AP settlement entry
Share the receivables statement with partners
Prepare preliminary inter-company reconciliation
Prepare final inter-company reconciliation
Prepare inter-company accruals
Verify the ICS Pack numbers are matched with ledger

Common:

Adhere to set process and SOPs in the day to day execution of tasks
Adhere to set controls in the process during execution of tasks
Actively contribute in performing Root Cause Analysis on all critical issues / errors reported and closure of corrective and preventive actions
Publish SLA compliance reports
Maintain SOPs to reflect correct As-Is processes
Train new hires in the process
Perform knowledge transfer during integration projects
Actively contribute towards standardization of processes

Qualifications & Skills:

EDUCATION

Graduate or Post-Graduate in Accounting / Finance

Language: English (mandatory)

BEHAVIORAL COMPETENCIES:

Ability to communicate in English both written and verbal
Team playing skills
Ability to adhere to set guidelines

TECHNICAL COMPETENCIES & EXPERIENCE

Mandatory

Good understanding of accounting
Basic skills in accounting tools

Desirable

Exposure to ERPs

AIR VALUES (Agile Inclusive & Responsible) BEHAVIOUR:

Capacity to continuously adapt to a changing environment by showing a pro-active and positive approach
Actively listen to people encouraging feedback and sharing experiences
Make things simple
Focus on our goals and prioritize our actions
Be curious and have an appetite for learning
Work as a team and avoid silos
Ask questions instead of making assumptions
Show respect for others individuality and cultural identity
Keep our commitments towards internal and external stakeholders (employees customers passengers society)
Comply with our code of ethics and support the use of the Alstom Alert Procedure
Learn from your mistakes and implement corrective actions

EXPERIENCE / SKILL SET

5-8 years of experience in accounting

At Alstom we offer you the opportunity to unleash your potential and reinvent yourself. As a future employee you will have a unique opportunity to drive our organization forward while continuing to build your career and contribute to the expanding growth of the global railway industry. More information about Alstom can be found at:

You dont need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family youll be proud. If youre up for the challenge wed love to hear from you!

Important to note

As a global business were an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. Were committed to creating an inclusive workplace for everyone.

Job Type:Experienced

Required Experience:

Senior IC

Req ID:506593At Alstom we understand transport networks and what moves people. From high-speed trains metros monorails and trams to turnkey systems services infrastructure signalling and digital mobility we offer our diverse customers the broadest portfolio in the industry. Every day more than 80 00...