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Navi Mumbai, Maharashtra, India
Onsite
The Role:
Responsible for end-to-end Accounts Receivable (AR), Accounts Payable (AP), Banking and Financial Operations activities, ensuring accurate transaction processing, compliance with financial and tax requirements, stakeholder support, and timely financial reporting.
Key Roles & Responsibilities
· Generate, review, validate, finalize and issue sales invoices in IFS.
· Verify invoice accuracy, VAT treatment, purchase order alignment, customer details and supporting documents.
· Perform compliance validations including VIES checks and other regulatory requirements.
· Coordinate with internal stakeholders to obtain missing or incorrect information.
· Process advance invoices and reconcile them with final invoices.
· Ensure urgent and high-priority invoices are processed within required timelines.
· Distribute invoices through email, customer portals and other customer-specific systems.
· Maintain complete invoice records and documentation in IFS.
· Handle customer inquiries related to invoices and orders.
· Process chargebacks and write-offs based on Treasury instructions.
· Support intercompany invoicing and monthly settlement activities.
· Manage specialized invoicing activities including lending, scrap and contract management invoices.
· Receive, review and process supplier invoices and credit notes through KOFAX and IFS.
· Validate VAT treatment, supplier information, purchase order alignment and supporting documentation.
· Return incorrect invoices to suppliers for correction.
· Manage interim account postings and ensure timely clearing.
· Ensure invoices are available for payment within agreed deadlines.
· Assess labor-related invoices for WKA (Dutch Chain Liability Act) applicability and allocate amounts to the G-account where required.
· Monitor and reconcile interim accounts and self-billing transactions.
· Respond to supplier invoice-related inquiries.
· Process and reconcile all bank movements in IFS.
· Prepare and review payment batches.
· Monitor and resolve unapplied, misapplied and unidentified payments.
· Manage intercompany netting activities and reconcile balances.
· Support period-end controls and bank reconciliations.
· Respond to banking and payment-related inquiries.
· Responsible for reporting to the Accounts and Administration.
Key Activities
· Generate, review and finalize invoices.
· Distribute invoices and maintain records.
· Validate and post supplier invoices and credit notes.
· Process payments and apply receipts.
· Reconcile bank transactions and outstanding balances.
· Manage customer and supplier inquiries.
· Process chargebacks and write-offs.
Education
· Bachelor’s or Master’s degree in Finance, Accounting, or a related field.
· Professional qualification CMA or equivalent is advantageous.
Experience and Knowledge
· 10+ years of experience in Finance.
· Strong understanding of accounting principles and financial processes.
· Knowledge of Purchase-to-Pay (P2P) and Quote-to-Cash (Q2C) processes.
· Experience with ERP systems, preferably IFS.
· Proficiency in Microsoft Excel, Word, Teams and Outlook.
Core Competencies
· Excellent written and verbal communication skills in English.
· Strong stakeholder management and relationship-building skills.
· Customer-focused and proactive mindset.
· Ability to work independently and collaboratively.
· Strong analytical and problem-solving capabilities.
· Highly organized, accurate and detail-oriented.
· Ability to positively influence stakeholders.
· Strategic thinking and long-term perspective.