Description
Financial Specialist-General Accounting
Location: Chennai, India
Required Language: English
Employment Type: Full-Time
Seniority Level: Associate
Travel Mode: Moderate
About Us
Buckman is a privately held, global specialty chemical company with headquarters in Memphis, TN,
USA, committed to safeguarding the environment, maintaining safety in the workplace, and promoting
sustainable development. Buckman works proactively and collaboratively with its worldwide customers
in pulp, paper, leather, and water treatment to deliver exceptional service and innovative specialty
chemical solutions to help boost productivity, reduce risk, improve product quality, and provide a
measurable return on investment. Buckman is in the middle of a digital transformation of its businesses
and is focused on building the capabilities and tools in support of this.
Purpose
This position is responsible for managing and supporting a timely month-end close for Accounts
Payable, managing the Accounts Payable ledger including overseeing third parties or employees by
scheduling and preparing payment, purchase orders mapping, insuring credit is received for
outstanding bills, and tracking budget expenses. Inter-company reconciliations and
confirmation ensuring the accuracy of AP intercompany transactions and AP Accrual in SAP. This
position extends to managing payment cycle schedules and cash management functions for business
needs, ensuring no double payment and maximizing free cash flow.
Other Financial services include managing regulatory compliances relating to Accounts Payable, Tax
authority (GST), and ensuring compliance with Buckman policies and accounting standards. This
position reports to Finance Manager.
Qualifications & Experience
LCCI Higher Accounting / Diploma/bachelor's degree in accounting / Finance / ACCA qualifications
Minimum of 5 years relevant working experience in a similar capacity, experienced in a manufacturing
company.
Proficiency in SAP and Microsoft Office (including Excel).
Accountabilities
- Perform day-to-day accounting activities like invoice posting for inventory and non-inventory,
expense booking including employee travel claims, good knowledge of book-keeping procedures,
and addressing Vendor queries.
Processing Accounts payable in SAP environment.
Review all payable Invoices for appropriate documentation & Approval.
Verifying & reconciling the invoices with Purchase Order & Receipts
Assign or Post Invoices to proper cost center & Supplier accounts Group.
Work with vendors to resolve past due invoices & respond to vendor Queries
- Reconcile Monthly with vendor statements
Resolve Purchase orders, Contracts, Invoice or Payment discrepancies & Documentation with
supervisor support (Debit memo, Stop payment. Purchase order amendments)
- Verifying/Auditing, Processing & posting of travel and other employee-related claims.
- Accounting Purchase Invoice and Debit note of purchase invoice.
Knowledge in handling the AP tax invoices and Tax forms, especially from a direct and indirect tax
statutory point of view.
Work closely and coordinate with Inter-company Finance Department
- Prepare AP reports.
- Support to internal/external auditor.
- Maintain both soft and hard copies of Documents, Records, and Files, so as to get the documents
as and when required.
- Assist in month-end closing
- Maintain files and documentation thoroughly and accurately, in accordance with company policy
and accepted accounting practices
- Month-end closing support like estimating Accruals, Debit, and credit notes follow-up with the
supplier in case of discrepancy in the invoice, reviewing AP report and closing the tiny difference,
TCS, TDS reconciliations
- Streamline the accounting work processes, and review control accounts support in preparing
balance sheet reconciliation for review. Share best practices with other finance associates in the
APAC region.
Support in preparing audit schedules and support & meet the local regulatory or statutory
compliance requirements, internal/external audits, and ISO auditor.
- Perform 3 way match between Order, Goods receive note and invoice to ensure goods or Services
have been corrected ordered, received and that the amount owing to the supplier is indeed
correct.
