Description and Requirements
Position Summary
The candidate will be part of Controllership function and will be responsible for Accounts payable - processing Vendor and employee claim payments related transactions, adherence to policies, month/year end closing, record keeping, audit support, reporting, etc.
Job Responsibilities
The key deliverables will include
• Accounts payable: -
o Accurate and timely processing of Vendor/Employee Invoices/Claims, in line with finance policies and procedures for GCC sites,
o Ensure timely and accurate payment to vendors/employees as per the Contract/Agreement/PO and various statutes,
o Ensure timely vendor account reconciliation by issuing vendor balance confirmations on defined periodicity,
o Should have knowledge of withholding tax and GST which is relevant to AP
o Regular Interaction with all related functional users
o Vendor set up management
o Sharing of timely and accurate payment information with users
• Monthly/yearly closure of books of account: -
Ensure timely and accurate monthly closing by working on -
o Accruals - for Vendor and Employee expenses,
o Payroll JE,
o Prepaid expense & schedule
o Advance settlement & schedule
o Monthly reconciliation of balance sheet accounts related to AP, MOM expenses comparison
o Accurate reconciliation and timely payment of Statutory dues like TDS, PF, ESI, etc.
• Document / Record Maintenance : Ensure maintenance of complete documentation with respect to Vendor invoices, Employee claims in line with Tax and SEZ/STPI requirements.
• Policies & Procedures: Ensuring compliance with Organizational Policies and Procedures
• Reporting: Various Internal MIS reporting of Controllership
• Audits: Provide support for Internal & Statutory audits & all other Internal audits
• Support in Process / systems automation on need basis
• Adherence to defined internal KRAs and metrics
• System Knowledge : Working knowledge on various modules of PeopleSoft i.e. Accounts Payable, Asset Management, Expense module, General Ledger
Knowledge, Skills and Abilities
Education
• Graduates - B.com/M.com & MBA Finance / CA-CMA inter or PE1 shall be preferred
Experience
• 5-8 years of relevant experience in related field
• Knowledge of Accounting standards & statutory laws
Knowledge and skills (general and technical)
• Strong analytical and execution orientation.
• Should be capable of dealing with relationships sensitively with ability to manage conflicts adroitly
• Strong communication and presentation skills; Ability to articulate and influence internal customers with clarity of thought process is a critical requirement
• Proven Computer navigation skills (Mandatory / Optional). Mandatory
• Proven keyboarding speed (Mandatory / Optional) Mandatory
• Proven working knowledge of MS Office suite (Mandatory / Optional) Mandatory
• Experience in working on PeopleSoft/ Oracle Preferred
• Excellent knowledge of excel including macros Preferred
• Understanding of INDAS, US & India GAAP Preferred
• Understanding of Taxation (Direct & Indirect tax) Preferred
• Knowledge about the Insurance industry in US (Mandatory / Optional) Optional
• Knowledge about US Culture Optional
• Knowledge of collection fundamentals Optional
• Excellent listening, oral or written communication skills or both. Desired
• Proven customer service skills. Desired
• Excellent analytical and research skills. Desired
• Self-motivated, well organized and flexible with a sense of urgency approach Mandatory
• Teamwork/ Managing Self / Adaptability Mandatory
• Ability to work successfully in production driven environment Desired
• Adaptability to change Mandatory
• Self-disciplined and result oriented Mandatory
• Ability to manage multiple tasks prioritizing effectively. Mandatory
• Ability to find creative and innovative solutions to business problems Desired
Other Requirements (licenses, certifications, specialized training - if required)
• NA
Working Relationships
Internal Contacts
(and purpose of relationship):
- All internal functions
• Enterprise Team
External Contacts
(and purpose of relationship) - If Applicable
• Banks, US stakeholders, consultants & Vendors
Enclosures:
MetLife Values :
Our purpose and values
Our purpose is why we are in business and reflects what we stand for and believe in. Our purpose is to help people pursue more from life . Our values are how we achieve that purpose, through an expression of who we are, what we stand for as a company and how we conduct our business :
Put Customers First
Caring for and respecting customers is core to everything we do. It defines our work and shapes the culture for our people, radiating out to our shareholders and communities.
Be The Best
We are relentless in our search for new and better ways of doing things. As a leader in our industry, we constantly raise the bar, take calculated risks and learn quickly from our mistakes.
Make Things Easier
Products in our industry aren't always easy to understand. That's why we are always looking for simpler ways to connect customers to the best solutions. By doing this, we aim to exceed their expectations and build trust.
Succeed Together
United by our purpose, we live by a collective commitment to honesty, integrity and diversity. We are open and inclusive, proudly taking and applying the best ideas from every part of our company.
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™ for 2024, MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services.
At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid
