Executive India Accounts Payable

Year    Mumbai, Maharashtra - Powai, Maharashtra, India

Job Description


:Position TitleExecutive xe2x80x93 India FinanceFunction/GroupFinance Shared ServicesLocationMumbaiShift TimingGeneral Shift 11am to 8pmRole Reports toAssociate Assistant ManagerRemote/Hybrid/in-OfficeHybridABOUT GENERAL MILLSWe make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Hxc3xa4agen-Dazs, weve been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate us into thefuture as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check outGeneral Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance Shared Services (FSS) and Human Resources Shared Services (HRSS).For more details check outWe advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.JOB OVERVIEWFunction OverviewThe Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether thats brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results xe2x80x93 what we call our Strategic Priorities xe2x80x93 but we never lose sight of the fact that we only truly win when the company wins. The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.For more details about the Function please visit thisPurpose of the roleRole is to work in India Accounts Payable process and responsibilities require functional expertise in finance and accounting, communication skills, and ability to resolve issues efficiently and effectively. Responsibilities include accurately auditing invoices as per checklist and process them as per guidelines and compliance within agreed SLA. Assist Team lead in AP audit with both internal and external auditors. Proactively question, recommend, influence and lead process changes to enhance team / process efficiency. Ensure payments are batched in the bank portal as per the due date. Drive business meetings with various stakeholders.KEY ACCOUNTABILITIES-70% of the time: Audit and process invoices in GMI accounting system

  • Process various types of invoices such as PO, Non-PO, Freight and ensure that appropriate tax (TDS, GST) has been applied and transactions comply with financial policies and procedures.Ensure accurate audit as per checklist before invoice processing.
  • Adhere to set timelines and maintain accuracy. Address queries from downstream processes and stakeholders on timely basis.
  • Ensure proper control on invoices on hold and reminder email sent.
  • Ensure emails received are promptly replied.
  • Perform the day- to -day processing of accounts payable transactions in an effective, up to date and accurate manner.
  • Develop strong relationships with business partners.
20% of the Time xe2x80x93 Ensure timely preparation of business reports and sharing same with business.
  • Prepare KPI Report and Hold Report.
  • Obtaining Quarterly vendor balance confirmation certificate from vendors.
  • Sending Quarterly TDS certificates to vendors.
  • Monthly preparation of GL schedules and uploading on blackline.
  • Ensure clear process documentation is in place, utilized and updated on timely manner.
  • Help develop clear standardized processes.
  • Leverage CI mindset to identify and implement process improvements and practices within the process.
10% of the Time: Control on Scan/ Physical documents- Record Retention-
  • Ensure invoice tracker and other trackers are updated daily.
  • Ensure invoices received, processed and kept on hold are filed correctly.
  • Co-ordinate with binder and ensure that invoices/ documents are bounded periodically.
  • Ensure that the bound files are sent to Recall facility.
  • Co-ordinate with Recall/ Binder for retrieval of documents.
  • Actively participate in team or site events/ initiatives.
Specific Job Experience or Skills Needed
  • Financial Acumen- Has worked on Indian Accounting Process & has knowledge of India tax laws (TDS/GST).
  • Effective Communication - Clearly articulates views in written and verbal discussions. Good English skills are a must.
  • Ability to deliver outstanding results xe2x80x93 Completes tasks, activities in a timely and effective manner. Provides ideas and input to help team achieve greater result.
  • Interpersonal Skills - Relate well to stakeholders, colleagues & team members. Maintain a positive, supportive & appreciative attitude. Actively listen to others & demonstrate an understanding of their point.
MINIMUM QUALIFICATIONSEducation xe2x80x93 Full time graduation from an accredited university.Preferred Major Area of Study: Accountancy, Auditing & Indian Taxation.Minimum years of related experience required: 1-2 years.
PREFERRED QUALIFICATIONS
  • Preferred Degree Requirements: Bachelors.
  • Preferred Major Area of Study: Finance / Accounting.
  • Preferred years of related experience: 2-3 years prior experience in Indian Accounting, Accounts Payable process.
COMPANY OVERVIEWWe exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best xe2x80x94 bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for whats next.

General Mills

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Job Detail

  • Job Id
    JD3536995
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra - Powai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year