The person will be responsible for AR related Finance Operations, accounting, and reporting activities. The candidate will be driving automation and process efficiency projects. The position will lead to all day-to-day accounting matters. The position will also be responsible for ensuring that the systems and procedures are in place to support effective program implementation and conducting flawless audits.
Functional responsibilities AR Operations • Managing month end requirements and reporting • Reviewing the provision of claims and breakage for completeness • Ensuring adequate provision for bad debts is made as per company policy • Responsible for sending demand notices to customer and discussion with legal team and timely action on customer dues. • Review of Customer Master data • Review of monthly TCS working and quarterly return • Review of Price Master and Price list • NPPA compliances and reporting as per requirements. • Coordination with operation & invoicing team to maintain a smooth workflow. • Managing portfolio in line with agreed contractual terms, assessing customer risk and take adequate measures order-to-cash processes, policies, procedures, and internal control standards. • Coordination with Bank for submission of the export document, LC and inward remittance. • Preparing various reports like ageing /collection /outstanding Unlocks on basis of company policy.
General Expectations • Ensuring training and development of the team member • Seamless coordination with internal and external stakeholders • Driving adherence to relevance policies of AR. • Ensuring Balance Sheet Reconciliations are completed timely, qualitative, and accurately. • Monthly MIS reporting and managing ad-hoc reporting requirements. • Audit and Assessment support
Finance Policies, Projects and Operating Model Integration (OMI) Requirements • Driving all audits (Internal, Statutory, ICFR, SOX) and ensuring no adverse remarks • System implementation and coordination with IT team for new developments / enhancement required for system • Leading monthly operations reviews (MOR) and ensuring timely actions on open items • Managing Legal entity Integration related requirements
Education and Experience • General knowledge of challenges associated with large US multinationals, manufacturing and/or biopharmaceutical entities. • Minimum 3 to 5 years’ experience in General Accounting in either a large accounting firm and/or large multinational company, • Experience with SAP • Fluent in written and spoken English is essential. Any other language is an asset • CA Intermediate /MBA Finance • Excellent written and verbal skills enabling effective communication • Strong analytical skills, with a hands-on attitude to problem solving • Ability to work independently and exercise initiative • Ability to work in a virtual multi-cultural team and to build strong working relationships with a diverse range of co-workers and other individuals • Keen analytic, organization and problem-solving skills which allows for strategic data interpretation versus simple reporting.
AbbVie is an equal opportunity employer including disability/vets. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a disabled veteran, recently separated veteran, Armed Forces service medal veteran or active duty wartime or campaign badge veteran or a person’s relationship or association with a protected veteran, including spouses and other family members, or any other protected group status. We will take affirmative action to employ and advance in employment qualified minorities, women, individuals with a disability, disabled veterans, recently separated veterans, Armed Forces service medal veterans or active-duty wartime or campaign badge veterans. The Affirmative Action Plan is available for viewing in the Human Resources office during regular business hours.
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