Accounts Payable - Valeo | Chennai, Tamil Nadu

Accounts Payable - Valeo | Chennai, Tamil Nadu - 2018-02-11

Date expired: 
Thu, 04/12/2018
Experience Requirements: 
Not requirements
Description: 
Mission

The Accountant is responsible of accounting for all AP transactions, AP accounts reconciliation and justification as well as timely payments.

Responsibilities

  • Supplier master updating
  • Collect information from purchase for creation new Vendor code (Finance view)
  • Enter bank information of suppliers
  • Enter information on Tax Deduction at Source for the supplier
  • Review inactive suppliers
Accounting transaction in SAP
  • Record the customs MIRO entry for customs duty
  • Book the MIRO entry for supplier invoices
  • Account for debit notes for supplier rejections
  • Account for supplementary invoices
  • Book manual invoices for Non PO emergency requests
  • Account for advance payment to suppliers
  • Post payment entries
  • Reverse AP related entries as needed
  • Perform automatic / manual clearing regularly in accounts relating to AP including that of GRIR, Cenvat and Customs clearing.
  • Employee reimbursement claim processing and clearing; Employee loans and advances clearing ; Vendor reconciliations
Launch payment proposals
  • Generate payment runs (domestic and import suppliers) as per Treasury calendar after verification of the supporting documentation (invoices and Bills of
  • Entry)
  • Launch payment for advances, emergency payment requests, Duty payments, Statutory payments
  • Ensure details of payments are sent to suppliers
Account justification
  • Reconciliation of GL with AP sub ledger
  • Listing of advance to suppliers pending adjustment with documents and justification
  • Preparation of monthly closing documentation relating AP ledger accounts
  • Preparation of documents for social, MAF and Tax audits
  • Balances in Customs clearing & Cenvat clearing
Account reconciliation
  • Communicate with suppliers and Valeo partners
  • Obtain statements from suppliers periodically and reconcile with Valeo books
  • Analyse differences and perform accounting and resolution
Reporting & Controls
  • Prepare GRIR report with SAS every 15 days
  • Prepare AP aging report every 15 days and review with the Chief Accountant
  • Prepare AP KPIs
  • Observe and comply with Internal Audit /LSF rules relating to AP
Compliance
  • Perform all activities in line with the Valeo MAF, the SSC GL User Manual and the Valeo Code of Ethic
Education/Training
  • Bachelor degree
Professional Experience
  • 4-5 yrs experience
Other Specifications
  • Expert in AP
  • Intermediate in SAP
Job Id: 
1747479