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333 Schneider Electric Jobs

Manager - Accounts & Controlling

5-8 years

Bangalore / Bengaluru

1 vacancy

Manager - Accounts & Controlling

Schneider Electric

posted 11hr ago

Job Role Insights

Flexible timing

Job Description

Manager R2R & P2P
Profile
Sound Accounting knowledge with hands on experience of end-to-end accounts payable domain, GL accounting, knowledge of applicable Direct and Indirect tax application and matters, accrual accounting, banking procedures etc. for a large multi-locational organisation.
P2P Specialist -
Good knowledge of full process of P2P from initiation of purchase till payment and various accounting touchpoints and controls in the process in 3 way match scenario.
Good knowledge of distinction between procurement of materials and services, applicable TDS and GST provisions and compliance thereof.
Full knowledge of MSME act and process involved to ensure compliance thereof.
Capable of identifying and controlling various sub-processes involved in P2P accounting such as workflow, invoice scanning, GRIR, advances, recoveries, ageing analysis, risk assessment, non-PO based purchasing.
Banking process under host-to-host environment
Knowledge of Vendor master data, change approval,
Accounting :
Broad understanding of Trail balance, GL accounting related to expenses/ purchases with treatment in Balance sheet.
Ensure accurate estimation and timely recognition of provisions in compliance with accounting standards.
Record and manage accruals for expenses incurred but not yet invoiced or paid and TDS application.
Ensure accurate matching of revenues and expenses in the appropriate accounting periods.
Track, verify and record goods in transit in SAP.
Record and amortize prepaid expenses over the appropriate periods.
Recovery actions for overdue deposits, EMDs and vendor recoveries.
Provide necessary documentation and explanations during audits.
Banking activities - Knowledge of banking operations with respect to batch processing, merchant payments transaction, Knowledge of BG & LC, payment rejections/ failures to be accounted properly.
Reporting and Analysis :
Prepare monthly reconciliation of assigned GL accounts as per the policy of the Company and present the same to management.
Ensure reports are prepared and distributed on a regular basis to provide timely insights.
Maintain high accuracy in data collection and reporting to support reliable decision-making.
Focus on providing actionable insights that can help management make informed decisions.
Collaboration : Working closely with cross functional teams such as business procurement teams, buyers, suppliers, cash & bank teams, business finance, tax teams etc. and participate in decision making and problem-solving process.
Process Improvement : Identifying opportunities to align various processes as per the Company s global policy and achieve KPIs set against them.
Audit Support: Supporting both internal and external auditors by providing information related to Import transactions and supporting documentation.
Education
(a) Educational Qualification Bachelors / master s degree in commerce / semi qualified CA/CMA, added qualification in the fields of taxation

Employment Type: Full Time, Permanent

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People are getting interviews at Schneider Electric through

(based on 229 Schneider Electric interviews)
Campus Placement
Job Portal
Referral
Company Website
Walkin
Recruitment Consultant
25%
23%
12%
11%
7%
5%
17% candidates got the interview through other sources.
High Confidence
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High Confidence means the data is based on a large number of responses received from the candidates.

What people at Schneider Electric are saying

4.4
 Rating based on 3 Accounts Manager reviews

Likes

Nice

Dislikes

No I like it it's good

Read 3 reviews

Accounts Manager salary at Schneider Electric

reported by 6 employees with 14-25 years exp.
₹9.9 L/yr - ₹16 L/yr
41% more than the average Accounts Manager Salary in India
View more details

What Schneider Electric employees are saying about work life

based on 3.6k employees
70%
47%
41%
95%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Schneider Electric Benefits

Job Training
Health Insurance
Free Transport
Soft Skill Training
Cafeteria
Free Food +6 more
View more benefits

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Schneider Electric Bangalore / Bengaluru Office Location

View all
Bengaluru Office
401-403, Prestige Meridian-1, Near-City Bank, Mahatma Gandhi Road Bengaluru
Karnataka 560001

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