Job Description

1.) Job Purpose:1. Controlling vendor invoice processing \xe2\x80\x93 GRN/SRN Payable controlling for imports raw material and services for AG, CE & ITC2. Co-ordinate with other finance colleagues to improve processes and standard procedures.3. Responsible for Import payments and associated RBI / FEMA compliances4. Ensuring timely creation of vendor/employee payment cycles2.) Dimensions:1. Reporting To: Chief Accounting Officer2. Position Responsibility: * Coordination & alignment with Shared service partner & stakeholders (CNH) for efficient & timely payment of invoices.

• Responsible for quality and speedy resolution for Payment queries with internal users and stakeholders
• Co-ordination with senior leadership of CNH.

3.) Detailed JOB RESPONSIBILITIES: -The position is primarily responsible for following activities:\xc2\xb7 Checking compliance of invoice processing and payments related to Imports.\xc2\xb7 Monitoring and driving closure of hold cases with relevant stakeholders to make timely payment.\xc2\xb7 Monitor and periodically review advances to Vendors (Imports) and drive necessary action to have these settled.\xc2\xb7 Monitor and periodical review of aged invoices over 90 days (Imports) and drive resolution for payment.\xc2\xb7 Controlling GRIR/ITBR balances (Imports)\xc2\xb7 Foreign Service/Cost invoice processing (Imports)\xc2\xb7 Inter-company reconciliation review and action on open invoices - Co-ordination with global stakeholders to resolve compliance issues to enable Import payments.\xc2\xb7 Import 3rd party supplier account reconciliation & balance confirmation.\xc2\xb7 Supplementary price settlement of raw material suppliers.\xc2\xb7 IDPMS / ORM Controlling, Review and Closure\xc2\xb7 Custom Duty Payment and ECL wallet reconciliation and accounting.\xc2\xb7 Support Statutory, Internal and SOX Audits - coordination with auditors and internal stake holders.\xc2\xb7 Quarterly and Year end CNH audit schedules\xc2\xb7 Coordinate with respective shared service team members to drive SLAs.\xc2\xb7 Co-ordination with global stakeholders to resolve compliance issues to enable Import payments.\xc2\xb7 Documenting productivity and looking for areas of improvement.\xc2\xb7 Driving operational KPI\xe2\x80\x99s.\xc2\xb7 Back-up and support other members of the operational fulfillment as and when required.\xc2\xb7 Prepare ad-hoc reports as required.\xc2\xb7 Regulatory Compliances:o Support overall regulatory environment by ensuring compliances of relevant assigned tasks in compliance tool.o Ensure compliance in terms of proper documentation including but not limited service contracts, agreements and record keepingo FEMA and RBI compliance in relation to import of Goods and Serviceo Tax compliance for various forms required in import payments (15CA/15CB/TRC/10F etc.)\xc2\xb7 Financial Reportingo Responsible for timely submission of related information required for closure of accounts4.) Key Result Areas (KRA) / Measures of Performance (MOP) \xe2\x80\x93 Imports and General Payment Cycles\xc2\xb7 Lead the timely processing of vendor invoices\xc2\xb7 Lead the timely processing of vendor advances\xc2\xb7 Lead the tracking of un-paid invoices with aging >90 days\xc2\xb7 Lead the tracking of pending vendor advances >30 days\xc2\xb7 Time creation of vendor/employee payment cycles\xc2\xb7 Regular IDPMS / ORMS review and closure of outstanding items on the list\xc2\xb7 Timely assignment of debit/credit notes and advances before payment runs\xc2\xb7 Finding opportunity on process improvement5.) Skill Sets & competencies:\xc2\xb7 Graduate / MBA / ICWA\xc2\xb7 10+ years\xe2\x80\x99 experience in Accounts payable, P2P\xc2\xb7 Experience within a Industrial and Manufacturing environment\xc2\xb7 Experience in FEMA / Import / Export Compliances\xc2\xb7 Thorough Knowledge of compliances/laws related to cross border payments for India region\xc2\xb7 Committed, detail oriented, self-starter with strong problem solving and interpersonal skills\xc2\xb7 Excellent communication skills to convey complex metrics and analysis clearly and accurately to internal teams and all levels of management\xc2\xb7 Cross-functional, multi-level collaboration skills\xc2\xb7 Strong MS Office skills including experience with financial/operational model building6.) Work Relationship:InternalAll functional controllers and all CNHi India functionsExternalAs needed with Statutory & Tax Auditors and compliance consultants, Shared Service provider for PTP Tower.7.) Qualification, Age and Experience:EducationBachelor of Commerce Graduate / MBA / ICWAProfessional QualificationBachelor of Commerce Graduate / MBA / ICWAExperience10+ years\xe2\x80\x99 experience in Accounts Payables , FEMA / RBI compliances with soft skills like stakeholder management Leadership skillsAge30-35 years

CNH Industrial