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Executive-accounts Payable

0 - 3 yrs
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Not Disclosed by Recruiter Posted 10 days ago Job Applicants: 4500+ Job Views: 8500+

Job Description

 
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    Qualification : B.Com/M.Com/ ICWA / CA

    Experience: 2 to 6 years for CAs, 5 to 8 years for ICWA, 15 to 20 years for M.Com.

    BEHAVIOURAL COMPETENCIES: Good at team management, Self-motivated, confident, Interpersonal skills, effective communication skills both oral and written etc

    Technical Knowledge : GST, Direct Taxes, Import Bill Processing

    Key Responsibilities includes:
    Import supplies & services invoices processing, LC opening and payments and MIS reports, banking operations and monitoring regular SSC- Operations

    AREAS OF EXPOSURE/ WORK BACKGROUND:

    Good knowledge in Import bills processing and payments for customs duty.
    Knowledge of requirements under Direct Taxes, FEMA, DTAA, LC, Indirect taxes and Accounting Standards
    Hands on exposure in SAP FI Module

    Processing Import supplies and service invoices verification including accounting, PO review and taxation & statutory compliances for L&T Power, LTTSL and LTHE-Vadodara.

    Foreign Supply Service Payment :
    1) Document verification with purchase order terms.
    2) Timely Arranging form 15CB from auditors & filing of 15CA
    3) Preparing payment Documents for remittance - as per respective bank's requirements. & formats.
    4) Submission of approved requests to banks in soft as well as hard copies and getting the payments done.

    Vendor Letter of Credit Transactions :
    1) Verification of Draft LC requests with purchase orders and Final processing of LC on submission of approved LC request from Project
    2) Preparing LC issuance requests as per respective bank's requirements & formats and getting it approved.
    3) Submission of approved requests to banks in soft as well as hard copies and getting LCs issued.
    4) Taking care of LC amendments, communication with banks
    5) Ensure timely tracking of due dates for making LC payments
    6) Verification of LC issuance & amendment charges with standard rates & document the same with approval as per ICFR Requirements.

    Custom Duty Payments :
    1) Verification of Scope, Value & Duty calculations with purchase order and getting it approved.
    2) In cases of Penalties & interests, getting necessary approvals as per new customs rules, delay of a day is raising interest charge daily basis.
    3) Booking of CHA and freight forwarding charges bills after necessary checking and approvals.

    Reporting :
    1) Monthly Foreign Currency Exposure Report, Letter of credit report, foreign currency payment details Etc.

    Secondary :
    1) MIS reports related to foreign transactions & PO.
    2) Monitoring regular SSC- Operations
    3) Co coordinating with audit team & providing evidences with explanations for ICFR Requirements.
    4) Monthly Review of Open advances & vendor debit balances & getting details from project teams

    Location : Pune

Salary: Not Disclosed by Recruiter

Industry: Construction / Engineering / Cement / Metals

Functional Area: Accounts , Finance , Tax , Company Secretary , Audit

Role Category:Accounts

Role:Chartered Accountant

Employment Type: Permanent Job, Full Time

Keyskills

Desired Candidate Profile

    Please refer to the Job description above

Education-

UG: B.Com - Commerce

PG:CA, M.Com - Commerce

Company Profile:

Larsen & Toubro Limited

L&T is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. The Company addresses critical needs in key sectors - Hydrocarbon, Infrastructure, Power, Process Industries and Defense - for customers in over 30 countries around the world.

We combine a proven track record and professional skills, woven together with a culture of trust & caring. Consistently rated among the best employers in the country, L&T offers unmatched leadership opportunities & growth. Our approach is built on empowering employees to take on challenging assignments and explore their potential.
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Job Posted by

Medha Kaushik Company Recruiter Larsen & Toubro limited Mumbai

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