Sr. Executive - Finance

Sr. Executive Finance

Hydro Prokav Pumps India Pvt Ltd

Coimbatore, Tamil Nadu

About Us

Hydro Prokav Pumps, part of Ingersoll Rand, a leading progressive cavity pump (PCP) manufacturer and exporter headquartered in Coimbatore, India. Hydro Prokav core expertise lies in PCP solutions, the perfect choice for handling tough, viscous, abrasive, and high-consistency mediums. Equipped with state-of-the-art machinery and testing facilities, our integrated plant ensures precision manufacturing and rigorous quality control for every pump produced.

Job Summary:

- Accounting of all PO and Non PO Invoices

- General Accounting

- Supplier payment processing (Domestic & Import)

- Fixed Asset Accounting

- Costing

- Statutory Compliance

- Preparation of Schedules for statutory audit, Tax audit & Transfer pricing audit

- Month-End activities

- GST Return Filing (GSTR-1, GSTR-3B, GSTR-9 & GSTR-9C)

- Balance Sheet Reconciliation

- Monthly TDS payment & Quarterly return

- Intercompany reconciliation

- Export & Inward remittance settlement and completion of E-brc

- Account Receivables follow ups with Customer

Responsibilities:

- Accounting of all PO & Non PO Invoices - Verifying the approval as per the accounting of PO & Non PO Invoices on daily basis. for PO Invoices doing the 3 way matching and accounting the invoices on daily basis.

- Supplier payment processing (Domestic & Import) - Domestic Vendors payment will be made twice a month. And the payment will be processed on weekly basis for other requirements. Documents will be prepared for Import vendors payment as per the format given by bank and same will be reviewed and getting authorised signatories approval and send to bank for further process on timely basis before the due date.

- Fixed Asset Accounting - Reconcile and maintain up-to-date bills and detailed files regarding Capex and corresponding expenses and prepare JVs for capitalization every month.

- Costing - Complete cost run for materials codes and solve discrepancies if any.

- Statutory Compliance - Effective use of ERP tools for TDS/TCS/ GST/DGFT compliance for payments & returns/reconciliation of all the TDS account liability and arrange for payments before the due date.

- Preparation of Schedules for statutory audit, Tax audit & Transfer pricing audit - Preparation of audit schedules, reconciliations, and supporting documentation for Statutory Audit, Tax Audit, and Transfer Pricing Audit, along with coordination with auditors to ensure timely completion and regulatory compliance.

- Month-End Activities - To ensure closure of all bills and support in preparation of MIS.

- GST Return Filing (GSTR-1, GSTR-3B, GSTR-9 & GSTR-9C) - Reconciliation and analysis of Purchase and Sales reports every month and provide all necessary data for monthly filing of GSTR-1, GSTR-3B, GSTR-9 and GSTR-9C.

- Balance Sheet Reconciliation - Completion of Balance Sheet Reconciliation in Blackline tool as per the due date given by Corporate for every month.

- Monthly TDS payment & Quarterly return - Monthly TDS payment and filing of quarterly TDS returns in compliance with Income Tax regulations, including reconciliation and statutory reporting.

- Intercompany reconciliation - Intercompany account reconciliation and resolution of outstanding balances to ensure accurate financial reporting and timely closure of transactions.

- Export & Inward remittance settlement and completion of E-brc - Export and inward remittance settlement, including E-BRC completion and compliance with RBI and DGFT regulations.

- Account Receivables follow ups with Customer - Accounts Receivable management, including customer follow-ups, collection of outstanding payments, and reconciliation of receivable balances to improve cash flow.

Basic Qualification:

- B. Com and MBA (Finance) (or) M.COM

Key competencies:

- 5-10 years’ experience in Crore accounting, SAP knowledge will be an added advantage.

What we Offer:

- We are all owners of the company! Stock options (Employee Ownership Program) that align your interests with the company's success.

- Yearly performance-based bonus, rewarding your hard work and dedication.

- Leave Encashments

- Maternity/Paternity Leaves

- Employee Health covered under Medical, Group Term Life & Accident Insurance

- Employee Assistance Program

- Employee development with LinkedIn Learning

- Employee recognition via Awardco

- Collaborative, multicultural work environment with a team of dedicated professionals, fostering innovation and teamwork .