Team Member - Payables Accounting

Tata Tele Business Services; Navi Mumbai; On-site; INR 500,000 - 800,000; Full time

Job summary

Tata Tele Business Services (TTBS) in Navi Mumbai seeks a Team Member Payable Accounting to oversee finalization of IT and lease-line costs, plus COS, Marketing and call centre costs, with actualization, variance analysis and schedule preparation.

You will conduct vendor reconciliations, follow up on open items, and support statutory/internal audits; collaborate with stakeholders to tighten provisions and aging, ensuring compliance with CARO and accounting standards.

Qualifications

• Graduate/ Postgraduate with relevant subject knowledge.
• Knowledge of Payable Accounting.
• Knowledge of SAP – FICO (S4HANA).
• Accounting Standards knowledge.
• Data analysis skills.
• PPT & Excel proficiency.
• Knowledge of compliances.

Responsibilities

• Finalisation & supervision of IT & leaseline costs for TTL and related costs for TTBS with variance analysis.
• Actualization entries and discussion with stakeholders, checking provisions and reporting in exception file.
• Provision ageing compilation and reporting with reasons for ageing >180 days.
• PO- Non-PO compliance review and stakeholder engagement for improvements.
• Vendor reconciliations including intercompany within timelines and exposure calculation.
• Year-end closures and all schedules including RPT reconciliation.
• Prepaid accounting and consolidation of prepaid GLs with amortization checks.
• Other tasks including accounting standards implementation and CARO compliance.

Skills

Payable accounting

SAP FICO (S4HANA)

Accounting standards

Data analysis

PowerPoint & Excel

Compliance knowledge

Education

Graduate/ Postgraduate in relevant subject

Tools

SAP FICO (S4HANA)

Job description

Job Description

• Job Title: Team Member Payable Accounting
• Function: Finance
• Sub-Function: Fixed Assets, IP & Payable Accounting
• Job Designation: AM/ DM –Fixed Assets, IP & Payable Accounting – Finance
• Regional/Corporate: Corporate
• Location: Turbhe, Navi Mumbai
• Reporting to: DGM –Fixed Assets, IP & Payable Accounting – Finance

Position Summary

• Key position for Finalization of TTSL COS, Marketing, call centre Costs, Lease line cost, along with actualization, variance analysis and schedule preparation
• Vendor Reconciliations and follow-up for open item closures (Incl. RPT)
• Statutory/ Interna Audit completion

Key Responsibilities

• 1: Finalisation & supervision of IT & Leaseline Costs for TTL and all costs for TMMPL which include reporting of reasons for variances to Management
• 2: Actualization entries & discussion and analysis with various stakeholders and checking of provisions and reporting in exception file
• 3: Provision ageing compilation and reporting to all users along with mentioning reasons for ageing more than 180 days
• 4: PO- Non-PO Compliance report to be checked and circulated and engagement done with stakeholders to show improvement
• 5-Vendor reconciliation as per policy including Group company and Intercompany within timeline and calculation of exposure and clearance of open items
• 6-Year end closures and all schedules along with RPT reconciliation and FFC pack reporting withing timelines as given by Tata Sons
• 7- Prepaid accounting and consolidation of entire prepaid GLs along with checking of amortization and bifurcation into current and noncurrent.
• 8- Other requirements such as Accointing Standards implementation & meeting CARO requirements

Critical Behavioural Competencies

Drive for results, Interpersonal effectiveness, Functional excellence & Withstanding pressure

Critical Functional Competencies Required

• Knowledge of Payable Accounting Yes
• Knowledge of SAP – FICO (S4HANA) Yes
• Accounting Standards Yes
• Data Analysis Yes
• PPT & Excel Yes
• Knowledge of Compliances Yes

Qualification & Experience

Graduate/ Postgraduate with relevant subject knowledge of 5-6 years

Transforming Businesses through Digitalization

Tata Tele Business Services (TTBS), belonging to the prestigious Tata Group of Companies, is the country’s leading enabler of connectivity and communication solutions for businesses. With services ranging from connectivity, collaboration, cloud, security, IoT, and marketing solutions, TTBS offers the largest portfolio of ICT services for businesses in India. With an unwavering focus on customer-centricity and innovation, TTBS continues to garner recognition from customers and peers alike.

Our People Shape Our Journey Ahead

We are India’s leading enabler of digital connectivity and technology solutions for businesses - a feat possible only because we are fueled by the dedication and passion of our people. We welcome the finest talent and believe in nurturing and mentoring them to rise into leadership roles, while standing tall on our ethics and values.