Senior Executive - Finance

Lenskart; Gurugram District; On-site; INR 800,000 - 1,400,000; Full time

Job summary

Lenskart in India is seeking an experienced Accounts Payable / Finance Analyst to lead month-end closing activities and ensure timely, accurate financial reporting.

You will oversee provisions, prepaid expenses, and AP controls, while supporting internal and external audits and coordinating with auditors.

The role requires strong Excel skills, ERP experience (M-365 Dynamics or similar), and clear communication with vendors and stakeholders.

Qualifications

• Bachelor's/Master's in Accounting or Finance; semi-qualified CA preferred.
• Strong understanding of month-end closing, accruals, provisions, prepaid expenses, and financial reporting.
• Experience in audit support and dealing with auditors.
• Proficient in ERP software such as M-365 Dynamics or similar.
• Excellent Excel for reporting, data analysis, and tracking.
• Strong communication skills with vendors and stakeholders.

Responsibilities

• Lead month-end closing processes and ensure accurate reporting.
• Oversee provisions and prepaid expenses recognitions.
• Support internal and external audits with required documentation.
• Scrutinize expenses and generate detailed reports for management.
• Identify and implement AP process improvements and automation.

Skills

Excel

Analytical skills

Auditing

Accounting software (ERP)

Communication

Problem-solving

Education

Bachelor's/Master's in Accounting or Finance

Semi-qualified CA preferred

Tools

M-365 Dynamics

Job description

Key Responsibilities:

• Month-End Closing:
• Lead the AP processes during the month-end closing to ensure timely and accurate financial reporting.
• Reconcile AP balances and ensure all relevant transactions, provisions, and accruals are accounted for correctly.
• Review and validate AP-related entries to ensure they are aligned with company policies and accounting standards.
• Prepare month-end AP reports and assist in the preparation of financial statements.

• Provision and Prepaid Expenses:
• Oversee the recognition of provisions and prepaid expenses in compliance with accounting policies.
• Ensure accurate allocation of prepaid expenses and necessary adjustments during month-end closing.
• Review and monitor the provisions to ensure they are correctly recognized in the relevant financial periods.

• Audit Support:
• Provide comprehensive support during internal and external audits, ensuring smooth audit processes.
• Prepare and provide all necessary documentation related to AP for auditors.
• Respond to audit inquiries and address any discrepancies related to AP records.
• Ensure compliance with all relevant accounting standards and tax regulations (e.g., VAT/GST).

• Expense Scrutiny and Reporting:
• Review employee expense reports, ensuring adherence to company policies and accuracy in submissions.
• Scrutinize expenses against budget forecasts, investigate discrepancies, and highlight areas for potential cost savings.
• Provide detailed expense reports and analysis to senior management and stakeholders.

• Process Improvement:
• Continuously identify opportunities to improve the efficiency and effectiveness of AP processes.
• Propose and implement process enhancements or automation tools to streamline AP functions.
• Drive the adoption of best practices within the AP team and across the finance department.

Qualifications & Skills:

• Bachelors/Masters degree in Accounting, Finance, or related field. A Semi qualified CA is preferred.
• Strong understanding of month-end closing, accruals, provisions, prepaid expenses, and financial reporting.
• Proven experience in handling audit support activities and dealing with auditors.
• Proficient in accounting software (e.g M-365 Dynamic or similar ERP systems).
• Strong analytical and problem-solving skills, with the ability to scrutinize expenses and detect discrepancies.
• Expertise in Excel for reporting, data analysis, and financial tracking.
• Excellent communication skills and the ability to interact with vendors, internal stakeholders, and audito