ACCOUNT OFFICER I

IHC Holland B.V.; Navi Mumbai; On-site; INR 1,500,000 - 2,600,000; Full time

Job summary

IHC Holland B.V. in Navi Mumbai is seeking a senior finance professional to oversee end-to-end Accounts Receivable, Accounts Payable, banking and financial operations, ensuring accurate processing and compliant reporting.

You will validate invoices, coordinate with internal stakeholders, manage intercompany invoicing and settlements, and support period-end controls using IFS ERP and MS Office tools.

Qualifications

• 7+ years of experience in Finance.
• Strong knowledge of Purchase-to-Pay (P2P) and Quote-to-Cash (Q2C).
• Experience with ERP systems, preferably IFS.
• Proficiency in Microsoft Excel, Word, Teams and Outlook.

Responsibilities

• Manage end-to-end AR, AP, and banking activities.
• Verify invoice accuracy, VAT treatment and PO alignment.
• Coordinate with stakeholders to obtain missing information.
• Process and reconcile supplier invoices and credit notes.
• Support intercompany invoicing and monthly settlement activities.
• Assist period-end close and bank reconciliations.
• Respond to supplier invoice inquiries.
• Maintain complete invoice records in IFS.

Skills

Stakeholder management

Financial analysis

Attention to detail

English communication

Education

Bachelor's or Master’s in Finance/Accounting

Tools

IFS ERP

Excel

Word

Teams & Outlook

Job description

The Role:

Responsible for end-to-end Accounts Receivable (AR), Accounts Payable (AP), Banking and Financial Operations activities, ensuring accurate transaction processing, compliance with financial and tax requirements, stakeholder support, and timely financial reporting.

Key Roles & Responsibilities

• Generate, review, validate, finalize and issue sales invoices in IFS.
• Verify invoice accuracy, VAT treatment, purchase order alignment, customer details and supporting documents.
• Perform compliance validations including VIES checks and other regulatory requirements.
• Coordinate with internal stakeholders to obtain missing or incorrect information.
• Process advance invoices and reconcile them with final invoices.
• Ensure urgent and high-priority invoices are processed within required timelines.
• Distribute invoices through email, customer portals and other customer-specific systems.
• Maintain complete invoice records and documentation in IFS.
• Handle customer inquiries related to invoices and orders.
• Process chargebacks and write-offs based on Treasury instructions.
• Support intercompany invoicing and monthly settlement activities.
• Manage specialized invoicing activities including lending, scrap and contract management invoices.
• Receive, review and process supplier invoices and credit notes through KOFAX and IFS.
• Validate VAT treatment, supplier information, purchase order alignment and supporting documentation.
• Return incorrect invoices to suppliers for correction.
• Manage interim account postings and ensure timely clearing.
• Ensure invoices are available for payment within agreed deadlines.
• Assess labor-related invoices for WKA (Dutch Chain Liability Act) applicability and allocate amounts to the G-account where required.
• Monitor and reconcile interim accounts and self-billing transactions.
• Respond to supplier invoice-related inquiries.
• Process and reconcile all bank movements in IFS.
• Prepare and review payment batches.
• Monitor and resolve unapplied, misapplied and unidentified payments.
• Manage intercompany netting activities and reconcile balances.
• Support period-end controls and bank reconciliations.
• Respond to banking and payment-related inquiries.

Key Activities

• Generate, review and finalize invoices.
• Distribute invoices and maintain records.
• Validate and post supplier invoices and credit notes.
• Process payments and apply receipts.
• Reconcile bank transactions and outstanding balances.
• Manage customer and supplier inquiries.
• Process chargebacks and write-offs.

Education

• Bachelor’s or Master’s degree in Finance, Accounting or a related field.

Experience and Knowledge

• 7+ years of experience in Finance.
• Strong understanding of accounting principles and financial processes.
• Knowledge of Purchase-to-Pay (P2P) and Quote-to-Cash (Q2C) processes.
• Experience with ERP systems, preferably IFS.
• Proficiency in Microsoft Excel, Word, Teams and Outlook.

Core Competencies

• Excellent written and verbal communication skills in English.
• Strong stakeholder management and relationship-building skills.
• Customer-focused and proactive mindset.
• Ability to work independently and collaboratively.
• Strong analytical and problem-solving capabilities.
• Highly organized, accurate and detail-oriented.
• Ability to positively influence stakeholders.
• Strategic thinking and long-term perspective.