Accounting Analyst

Responsibilities:

• Manging trade deductions (Rebates & Promotions)
• Responsible for creation of accruals in system till validating claims submitted by customer and creation of credit notes
• Preparation of customer contract setup in SAP/Vistex systems
• Ensuring proper validation is performed in approving/denying claims submitted by customers
• Coordinating with Sales team/Account Managers for promotional claims and corresponding accruals
• Responsible for managing/updating accrual balance in line with deductions taken by customer or any instructions received from Market representative
• Responsible for managing negative accruals, expense account analysis and balance sheet reconciliation
• Liaising with Finance Manager to ensure no variances at the month end in balance sheet and expense account reconciliation
• Publish month end balance reports to Finance Controller and Director
• Establish and communicate a clear vision of the portfolio assigned and work with the OTC Operations Supervisor/Manager & Senior stake holders.
• Ensure collaboration with other stockholders across markets
• Responsible for updating DTP/SOP
• Investigating and resolving queries relating to non-payment of invoices
• Classification of customer deductions and working with various stakeholders to resolve (triggering dispute case in SAP)
• Holding regular calls with various stakeholders to keep them updated
• Identifying and executing the necessary process adjustments
• Help Team in identifying improvement opportunities and recommend process update to remove manual intervention
• Must exhibit an interest in the business and seek opportunities to initiate new analysis, reporting or projects to support the division

Experience

• B com/MBA in accounting required
• A proven experience of 6-9 years in similar role in other organization.
• Communicate in a concise and clear manner (verbally and written) comfortable working with senior leadership and other stockholders
• Comfortable in a multi-cultural work environment
• Good knowledge of accounting, reporting and analysis, acquired through related work experience
• Ability to analyse financial and operating statistics and provide meaningful feedback.
• Have a ‘Can-do’ attitude, highly self-motivated and deadline driven.
• Hands-on experience in finance process improvements.
• Have the ability to motivate and encourage a productive working environment
• Working in a fast-paced team environment with high volume activities and changing priorities.
• Experience in accounting and financial systems such as SAP S4 and Vistex, a plus.
• Lean or Six Sigma Certification, a plus.