Executive/Sr. Executive - Finance & Accounting

Hiring for Finance & Accounting roles.

Job 1: In Accounts Payable

Job 2: In Accounts Receivable

Job 3: In Procurement

Experience working on SAP is a must.

Job Responsibilities: Accounts Payable:

We are looking for a detail-oriented Accounts Payable professional who will be responsible for the accounts payable process and ensuring the timely processing of invoices, GRIR analysis. In this role, you will be expected to maintain accurate financial records and reconcile accounts payable transactions.

• Having working experience in ERPs such as SAP and workflows like VIM.
• Ensure compliance with company policies, as well as local, state, and federal regulations.
• Monitor and analyze accounts payable vendor accounts, GRIR accounts, Bank Payment accounts direct debits.
• Collaborate with other departments, such as procurement, Business and finance, to ensure timely and accurate payment of invoices.
• Manage vendor relationships and resolve any issues or disputes related to payments or invoices with strong communication skills.
• Prepare and analyze accounts payable reports, including aging reports, cash flow projections, vendor performance metrics, analysis on open GR.
• Ensure accurate and timely month-end and year-end closing processes for accounts payable.
• Assist with audits and provide documentation and support as needed.

Job Responsibilities: Accounts Receivable:

• Invoice Management, generating and sending invoices, ensuring that invoices are accurate and comply with company policies and legal requirements.
• Payment Collection, monitoring accounts and following up with customers regarding outstanding payments, processing payments and ensuring that all payment methods are recorded correctly.
• Credit Management, collaborating with the sales team to resolve any credit issues, assessing customer creditworthiness and setting appropriate credit limits.
• Dispute Resolution, addressing and resolving any billing discrepancies or disputes with customers, communicating with customers to clarify payment terms or outstanding balances.
• Account Reconciliation, ensuring that accounts receivable records match the general ledger, reconciling payment records with bank statements or company accounts.

Job Responsibilities: Procurement:

Query handling

• Assist the customer staff in identifying the appropriate process to be taken to create a requisition for goods
• Manage order queries/issues with customer staff
• Communication of order status with purchasing professional at customers

PO Processing

• Review portal shopping cart and free text box entries for appropriateness based on customer guidelines
• Change/cancel relevant purchase order based on inputs from customer staff
• Manage returns process for purchases made through portals
• Process vendor acknowledgements

Portal Management

• Communicate and update through the portal the following

- Cascade procurement goals and objectives to appropriate teams

- Procurement savings targets

- Procurement objectives

- KPIs and SLAs

- Project Charter and wave plan

- Material Category Strategy

- Procurement Vision statement to stakeholders

- Procurement Strategic goals to key stakeholders

- Procurement Policies & Standards

Process Administration

• Prepare process dashboards
• Periodically update work/task instructions to team members
• Create process-specific training material and exception records

Reporting

• Generate regular MIS about status of procurement activities
• Monitor through a periodic control

Quality Assurance & SLA Compliance

• Ensure high level of accuracy in purchase order processing
• Resolve queries from customer staff related to purchase orders within defined turnaround time
• Adherence to process SLAs
• Participate in process improvement initiatives to increase efficiency in the procurement process

SOX compliance and Internal controls

• Maintain documents relating to SOX Compliance and Internal Controls

Teamwork & Communication

• Display good team player skills
• Responsible for own learning and development with guidance from team leader / manager
• Ensure a customer centric and partnership approach to develop strong relationships with other working groups
• Effective communication of issues across the GBS and working groups

Company Profile:

Motherson Group is a global leader in automotive manufacturing and a diversified supplier to several industries. The company is known for its expertise in providing integrated solutions across various automotive sectors, including electrical, electronics, and interior products. Motherson has a significant presence in the automotive supply chain and has expanded its operations to a wide range of industries, such as aerospace, medical, and renewable energy.

Key Aspects of Motherson Group:

1. Automotive Sector: Motherson is one of the largest suppliers of automotive components worldwide. They offer products like wiring harnesses, mirrors, lighting systems, and various other electrical and interior solutions to major car manufacturers globally.
2. Global Presence: The group operates in over 45 countries and has manufacturing facilities across Asia, Europe, North America, and other regions. Their global footprint allows them to serve clients efficiently and with localized expertise.
3. Sustainability: Motherson Group is committed to sustainable practices, focusing on reducing environmental impact through energy-efficient processes, waste management, and the development of eco-friendly products.
4. Innovation & R&D: The company heavily invests in research and development (R&D) to drive innovation in its products and processes. Their cutting-edge technologies support the evolving needs of the automotive and other industries they serve.
5. Diversified Portfolio: While they have a strong foothold in automotive manufacturing, the company has ventured into aerospace, medical, and renewable energy sectors, expanding their market presence.
6. Motherson Sumi Systems Limited (MSSL): One of the key entities under Motherson Group, MSSL, focuses on automotive parts and systems and is publicly traded on the Indian stock market.

Motherson Group continues to grow through strategic acquisitions, expanding its capabilities, and reinforcing its leadership in the automotive component sector.

Note: Interested applicants can walk-in on 26-Feb-25 (Wednesday) between 10 AM to 3 PM on the below mentioned address with their updated CV.

C-26, Sector 62 Rd, C Block, Phase 2, Industrial Area, Sector 62, Noida, Uttar Pradesh 201309

Nearest Metro Station: Sector 62 Noida.