India - Senior Finance Executive

Who are Inchcape?

At Inchcape Shipping Services, our vision is to create a connected world where customers can trade successfully and make informed decisions in every port, everywhere. We achieve this by combining our worldwide infrastructure with local expertise, through our global network of more than 250 proprietary offices and a team of over 3,000 dedicated professionals. Our diverse customer base includes owners and charterers in the oil, cruise, container, and bulk commodity sectors, as well as naval, government, and intergovernmental organizations.

We have an ambitious growth model, and a career here is certainly going to be a rewarding one that will allow you to bring your skills

& experience. We embrace change and are open to new thinking and pushing for positive change in our industry.

Main Purpose of Job :

The Position directly reports to Finance Supervisor in India and FM in Srilanka. The position is responsible for day to day operational Finance activities of the company and support key finance functions including AP, AR and working capital monitoring, while also acting as a reliable backup for accounts payable activities.

Key Accountabilities :

Day to Day Operational Finance 
•    Posting/ Review of Data Entry of Day to Day transactions.
•    Review preparation of Bank Reconciliation Statements
•    Review/Post general ledger (GL) entries and ensure proper classification of transactions.
•    Liaise with Internal/External stakeholders to resolve queries with respect to appointments in Operational system to ensure timely submission of Invoices to customers

Treasury & Banking

•    Cash Flow Forecasting
•    Liaise with External Stakeholders for operational requirements like Bank Guarantees, Bank Certificates etc
•    Processing Inward and Outward remittances

Accounts Payable
•    Act as a backup for the AP function, including invoice processing, payment runs, and supplier coordination.
•    Vendor SOA Reconciations
•    Support the cash flow analysis process by assisting in forecasting inflows and outflows and identifying liquidity gaps.

Receivables Management

• Debtor Following up (SOA sharing and follow up on FDA queries)


• Timely escalation of invoices/FDA queries to the respective stakeholders


• Receipt processing on agreed timelines.


• Preparation and maintenance of customer account Reconciliations 

Month end Reporting

• Ensuring Monthend deliverables are achieved w.r.t. Bank reconciliations
  


• Ensuring all Vendor Invoices are accounted for the month
  


• Posting and Processing Intercompany Invoices w.r.t. all Related Party entities and reconciling balances of the same.
  


• Assisting FM with the month end closure post review of Financial Position for the month.
  


• Working/Review of overhead provisions, Revenue and COS accruals.
  

Audit and Compliance Management

• Year End preparation and review of Statutory Financials as per I-GAAP.


• Transfer Pricing documentation


• Workings/Review of ROC/MCA compliance – Liaise with external CS for Annual Filings (AOC-4, MGT – 7) or any other event based filings.


• FEMA/RBI Compliance – Workings/ Review of FLA/DPT – 3 returns


• Manage and support for all internal, statutory and Government audits and ensure expectations are met with no adverse comments.


• Support internal and external audit processes by providing required documentation and explanations.

Tax Management

• Being a back up person for computation and filling of tax returns in coordination with FM/Supervisor.


• Ensure GST returns are accurate, timely submission and payments happen on due date.


• Assist Supervisor in preparing workings with respect to Tax Audits
  

Key Deliverables :

• Strong attention to detail and numerical accuracy.


• Analytical mindset with problem-solving capabilities.


• Excellent organizational and time management skills.


• Effective communication and team collaboration.


• Ability to handle multiple priorities under tight deadlines.
  

Competancy Requirement :

Core

• Financial Management


• Analytical thinking


• Strategic thinking

Key

• Initiative
  


• Analytical Thinking 
  


• Adaptability
  

Management 

• Business acumen


• Assistance to FM

Knowledge, Expereince and skills :

Essential

• Minimum 8-10 years of relevant Shipping Industry experience in finance or accounting.


• Familiarity with financial reporting standards and best practices in reconciliation and ledger management.


• Effective communication skills


• Highly self-motivated


• Language proficiency – English and Hindi.

Desirable

• Knowledge and experience in SAP and MS Excel would be an added advantage.

Why Inchcape Shipping Services?

We believe in building a diverse and high-performing workforce that works together to provide our customers with the exceptional service they deserve. To reach the highest standards, we depend on our people, their welfare, training and expertise. We realise the value of our staff and know that your unique experiences, skills and passions will help you to build a rich and rewarding career in our dynamic industry.

Our values are at the centre of everything we do, and the successful candidate will be expected to demonstrate and fully adopt these:

Global Perspective - we connect the world and see the bigger picture.

The Power of People - we rely on the strength of local agent knowledge and relationships.

Progress - we adopt new thinking and push for positive change in our industry.

In return, we will offer you:

A diverse range of benefits, depending on your geographical location. Globally, as a minimum, you will receive:

• A retirement savings plan


• Life assurance


• Holiday


• Competitive salary


• Employee Assistance Programme


• Career development and progression opportunities


• Values Award celebration events

Plus, much more!

If you think that you have the right skills, knowledge and attitude to join our team, then we invite you to apply by simply clicking at the top of this advert!

#ISSthebiggerpicture

Appointment to this role will be subject to satisfactory references and possession of a valid Right to Work documentation depending upon your geographical location.

Inchcape is an Equal Employment Opportunity Employer and equality, diversity and inclusion are at the centre of everything we do. We recognise that our customers, colleagues, contractors and other partners are central to our success and that we work in a diverse society. We acknowledge not only our legal, but also our moral responsibility to ensure all groups have equality of opportunity.

#LI-MB1