Yokohama-ATG
Website:
yokohama-atg.com
Job details:
Job Description Form
Job Role : Head – Accounts Payable, TDS and Stat. Compliance
Departments: Accounts and Finance
Job Code
Location: Mumbai
Reports To: India Finance Controller
Key Stakeholders (Option depending upon the role): Functional Heads, Plant Heads, Finance Leadership, Plant Commercial Team, Auditors, Payroll Team for Corporate & Plants, Vendors.
Frequency (Occasional/Frequent/Continuous): Continuous
1: Job Purpose Statement (Summarize in one/two statements why this job exists, and the contribution makes to the overall business of the company).
This role will be responsible for end-to-end effective functioning of key Finance Operations like Accounts Payable Management, Payroll Accounting, Statutory Compliance viz. TDS, MSME, etc. for two largest entities in YOHT i.e. ATC / ATC AP including plants. Support implementation of Shared Services Center for the above across group companies and play critical role in sustainable process standardization, improvements, and learning dissemination across entities.
2: Duties & Responsibilities (List in the order of importance the duties & responsibilities of this job)
Decision Making Authority (This will be for every job allocated to the individual)
Refer to the Decision making box for detail information - Accounts Payable Management:
- Accounts Payable Control for ATC & ATC AP – effective functioning of end-to-end AP management process, which includes SLA based Account reconciliation, drive closure of unsettled / aged advances, vendor balances, Open GR IR Controls.
- Plant Accounts Payable Management – Work closely with Plant Accounts Team and Plant Leadership Team to drive adherence to organisational AP / Vendor Management process disciplines across the 3 India plants including AP SLA improvement.
- Lead discussion with Functional Heads and Plant Heads on complex open vendor issues and drive closure.
- Monthly and quarterly closing for Accounts Payable, Bank BRS, Statutory and internal audits
- Work closely with Tax team to ensure GST credit mismatch cases are dealt appropriately by timely recovery of the GST mismatch amount.
- Implement and maintain best practices for efficient and effective accounts payable operations.
- TDS / TCS Compliance for ATC & ATC AP:
- Stay abreast of changes in TDS regulations and ensure timely compliance with all relevant tax requirements including time to time change in Internal SOP.
- Facilitate coordination with internal teams to validate TDS deductions & ensure accurate submissions to tax authorities.
- Conduct periodic TDS audits to identify and address any discrepancies.
- Statutory Compliance for ATC & ATC AP:
- Manage and monitor compliance with all statutory requirements related to finance and accounts.
- Facilitate collaboration with internal and external stakeholders to ensure adherence to relevant laws and regulations.
- Keep abreast of changes in statutory regulations and implement necessary process revisions to ensure compliance.
- Review, Reporting and Analysis:
- Conduct periodic MIS reviews to assess overall health of Accounts Payable Process including SLA, ageing, aged advance, open vendor / GRIR issues, TDS, and statutory compliance for performance improvement.
- Conduct analysis to identify trends, opportunities for improvement, and potential risks viz. changes in business or system processes.
Schedule B & C
3: Decision Making Authority (For each decision type define if the action involves below mentioned categories:
Schedule A : Execution
Schedule B: Follow SOP/policy for decision to be made. (Moderate to Complex decision making)
Schedule C: Decide within approval limits) Complex/tactical/strategic decision making impacting the outcome
Recommendations are being made for write off, Write back, accounting adjustments etc. Major role in following SOP/Policy and get the same followed from other areas.
- Can be merged with duties & Responsibility
Educational Qualification
Skills & Knowledge
Competencies
Masters's degree in Finance, Accounting, or Inter CA, Inter CMA, MBA Finance, MFM, PGDM.
- SAP
- Strong understanding of Finance operations
- Strong knowledge of TDS Regulations
- Team management.
- Decision-making.
- Conflict management
- Process driven
- Behavioral:-
- Strong Change Management Skills
- Stake Holder Management
- Excellent Communication /Collaboration Skills
- Problem Solving
- Experience of Leading / Managing teams
Work Experience
Functional
- Track, report, execute, and predict financial transactions
- Excellent Understanding of finance Business Processes and related risks
- Ability to work on automation / process improvement projects working with stakeholders across functions / locations
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