Maersk Hiring for Analyst/Senior Analyst PTP Job at Pune Full Time

Job Description

Finance and Accounting Process works on accounting processes from regions including America, Europe, Africa and Asia. The team has an active participation in the corporate drive for process standardization and enhancements, which has resulted in higher efficiencies, uniformity of accounting practices and quality & consistent management reporting.

We offer

As an employee with Maersk GSC you will be part of a working environment as diverse as the APMM group. Maersk strongly encourages continuous learning at work and sharing of best practices by rewarding innovations. We aren’t all about work, we believe in a holistic development of our employees and so regularly organize recreational activities giving our employees a chance to unwind and showcase their creative side. As an organization we strongly believe in a people-centric approach with emphasis on employee engagement and work-life balance.

At Maersk we value the diversity of our talent and will always strive to recruit the best person for the job – we value diversity in all its forms, including but not limited to: gender, age, nationality, race, sexual orientation, disability or religious beliefs. We are proud of our diversity and see it as a genuine source of strength for building high performing teams.
Key responsibilities

Description of Role

The Analyst will be responsible for ensuring that invoices are paid in a timely manner.

Daily allocation of workflows is required to be handled as per the timelines and in an accurate manner.

Understand the business model, Data Analysis & reporting, coordinate between upstream and downstream process

Key Responsibilities:

1. Ensure timely updating of Invoice details in OCR, with material details and key references
2. Perform 3way match once Workflow is created in SAP including Urgent request
3. Check the correctness of material, cost, bank details between cost created and invoice received
4. Raise query to FINOPS team on any cost mismatch, Tax code issue and forward the Workflow to the respective agent
5. Check if the cost is available in Kewill and raise incident if same is not interfaced into SAP
6. Raise query in Kewill if the cost created from that application as Missing cost
7. Ensure the bank details are correct and liaise with AP Controller to arrange for permanent fix in Vendor Master
8. Follow the controls like Currency check if Invoice currency is not matched with Purchase Org currency, raise query with FINOPS / CSO
9. Ensure to follow up with FINOPS / CSO on timely query resolution and complete the invoice posting
10. Drive FINOPS / CSO on controlling the pending workflow and reduce from baseline
11. Assist and ensure the duplicate is identified and ended without posting
12. Assist timely clearing of Advances by liaising with AP controller when invoice is posted against down payment
13. Analyse Urgent request and check whether the request can be changed to normal basis vendor credit term and take the decision with the support of CSO
14. Ensure to comply local statutory law on Invoice receipt, such as Invoice must be received with QR code to avoid cost leakage on Tax input
15. Ensure Withholding Tax is calculated correctly and accounted while posting the invoice
16. Engaging with vendors for payment related matters, Payment block removal
17. Coordinate with internal as well as external stakeholders to ensure local, global and legal requirements are met
18. Coordinate with FINOPS / CSO and flag dispute in Workflow basis their input
19. AP related India GST Analysis & Reconciliation between Vendor Register (GSTR 2A) Vs Purchase Register (Sub Ledger).
20. Ensure booking all vendor invoices on time within Financial Year to take the input credit without any delay from Govt. Authorities
21. Drive with CSO, FinOps and Vendor to get invoices on time for processing and address the reconciliation deviation to respective stakeholders including Direct & Indirect Tax team to fix the issues permanently

Principal Accountabilities:
Management
1. Ensure 100% quality is maintained while processing the invoice
2. Assist in improving First Time Hit Ratio by root cause analysis
3. Assist and follow documented system of AP accounting policies and procedures
4. Assist by Oversee the operations of the accounts Payable department, PCC and MDM teams especially their control systems, transaction processing operations and policies & procedures.
5. Own Standard Operating Procedures and ensure adherence

Transactions
6. Ensure that accounts payable are paid in a timely manner
7. Assist that all Vendors are effectively managed
8. Assist for Invoices are paid in accordance with the payment terms
9. Ensure relevant financial measurements for AP are met
10. Ensure 100% accurate master data for Vendors in system
11. Assist to ensure India GST Analysis and Reconciliation output action taken on time to avoid exposures

Reporting
12. Coordinate the preparation of the Period end reporting by posting invoice in respective period

13. Ensure and own KPI Reporting
14. Assisting to close the open audit findings and AP related coordinating with AP Controller

Projects
16. Support in smooth transition/on time completion of Project Green

17. Support in Standardization of E2E AP Process as per Blueprint

18. Consistent improvement in Supplier Payment Timeliness by timely / prioritize posting of invoice
19. Initiatives drives relating to improving working capital by comparing terms in Invoice with Vendor Master
20. Assist in Cost Controlling & Other Initiatives

Compliance
21. Understand in Control assurance framework to ensure compliance and reporting to standing orders and system of controls over AP accounting transactions
22. Coordinate the provision of information to auditors for the annual audit
We are looking for

Graduate, ideally Finance and Accounting.

• Job Knowledge & Competency;
• Understand the Operational business processes across L&S and FFW business
• Basic India GST Reporting knowledge and Other Operational concepts internally and externally
• A minimum of 3-5 years’ experience in shipping or operation financial role.
• Some leadership skills and proven people management experience will be added advantage.
• Excellent verbal and written communication and presentation skills.

The current times show that managing supply chain is key to responding to change and even crisis. At Maersk, this is the big opportunity and an extremely exciting time to integrate global supply chains to benefit the customer, community and lift the society in times of need. From its focus on offshoring opportunities when it was established in 1999, Maersk GSC’s competencies have since grown significantly aiming to put customers at the centre of business. Maersk GSC operates from 7 locations across the world: India – Mumbai, Pune, Chennai, Bengaluru; China ‐ Chengdu; Philippines ‐ Manila; Morocco ‐ Tangier. The GSC comprises of some of the best minds in engineering, digital innovation, finance, commercial, operations and information technology that develop innovative end-to-end solutions providing best in class customer experience.

• India Pune Graduate Finance/Accounting

Last application date: 30/12/2021

Job Detail

• Job Id
  JD2280527
• Industry
  Not mentioned
• Total Positions
  1
• Job Type:
  Full Time
• Salary:
  Not mentioned
• Employment Status
  Permanent
• Job Location
  Pune, Maharashtra, India
• Education
  Not mentioned
• Experience
  Year