Finance Executive

General Purpose of Job:

• Ensure timely upload of bank Statements in SAP
• Coordinate with the respective department (Internal Team) to clear the open items and also coordination with the bank to get collection details wherever are missing to avoid any open items.
• Perform clearing of bank general ledgers in SAP transactions.
• Prepare and submit of Bank Reconciliation statements as per deadline with justification of open items, if any.
• Ensure timely payment of Customs Duty and Statutory Payments like TDS, GST and other Government. related Payments.
• Co-ordinate with supply chain team and bank to ensure timely processing of foreign payments.
• Proactively resolve the issue arising due to discrepancy of information, non-submission of documents etc, impacting foreign payments.
• Ensure timely submission of letter credit through coordination with bank and purchasing team.
• Ensure proper communication with the corporate treasury team.
• Ensure compliance with Treasury procedures and guidelines
• Export documentation and knowledge of start to end process.
• Attend audit queries and requirements of internal and external audits.
• Provide all the sampling documents required by both external and internal auditors within the due date.
• Prepare various schedules for statutory audits (Receivable Aging, Payable aging, Related party transactions, payroll accrual movements, legal and professional fees etc)
• Participate in month-end closing activities and complete all related tasks.
• Ensure revaluation of bank balances in EEFC account.
• Ensure proper accounting of export incentives through coordination with the Supply chain.
• Ensure the posting of all the accruals provided by various functions and divisions.
• Adhere to month-end timetable and key deadlines.
• Partner with various functions to streamline and manage processes.
• Recommend improvements and implementation to develop and improve internal controls.
• Ensure SOX compliances are adhered to
• Participate in ad hoc projects.

Prioritized Essential Functions And Responsibilities:

• Safety: Ensure own safety and that of team-mates through active involvement in safety programs.
• Financial Data Integrity: Ensure appropriate processes are in place to underpin the financial integrity of the Huntsman business including:
• Compliance with local laws, Sarbanes Oxley, and applicable local, international & US Accounting Standards.
• Appropriate internal controls.
• Completeness, accuracy and timeliness of local GAAP and USGAAP reporting.
• Financial Management: Ensure Huntsman business reporting requirements for assigned entities are met, including:
• Management reporting (USA and local – including PAW / TM1 actual & forecasts).
• Assist in satisfactory completion and timely lodgement of statutory accounts.
• Assist in the management of all audit processes – internal and external.
• Assist in providing financial information to various stakeholders as required.
• Delivery of services consistent with the business services strategy including service level.
• Agreements and key performance indicators.
• Stakeholders Management: Liaison with business management teams (including progress reporting & Business Services representative).
• Business Advisory: Add value by providing professional service resources to support Huntsman Global Business goals including, S&OP, general accounting support, payroll, and capital expenditure review/authorisation.
• Project Management: Provide project management for key projects within ASSC or in support of key business opportunities.