Accounts Officer at Forbes Marshall in Pune

Key Responsibilities

1. Domestic Depot Accounting & Audits

• Oversee and streamline day-to-day accounting operations for all depots across India.
• Perform regular physical visits to depots for inventory verification, cash/bank audits, and process review.
• Conduct periodic internal audits of depot accounts to ensure policy compliance and identify financial variances or control gaps.
• Reconcile depot stock registers, sales reports, and petty cash statements with central books.

2. Foreign Branch & Subsidiary Accounting

• Record, verify, and maintain accounting for foreign branch expenses.
• Review accounting entries, general ledgers, and financial reports for overseas subsidiaries in Oman and Dubai.
• Ensure inter-company transactions and balances between head office, foreign branches, and subsidiaries are regularly reconciled.

3. Foreign Payments & Remittances

• Process international payments for foreign Sales & Marketing expenses.
• Calculate, verify, and process foreign commission payments to overseas sales agents accurately.
• Manage documentation required for foreign outward remittances (e.g., A2 forms, tax certificates, bank documentation).

4. Banking & Treasury Support

• Handle day-to-day liaison with banks for foreign remittances, trade finance, account operations, and query resolution.
• Prepare and maintain regular Bank Reconciliation Statements (BRS) for both local and foreign currency bank accounts.

5. Month-End Closure & Audit Coordination

• Support timely month-end and year-end books closure for assigned operational areas.
• Prepare necessary audit schedules, balance sheet reconciliations, and expense provisions.
• Coordinate directly with internal and statutory auditors during audit cycles for depot and foreign branch operations.

Key Requirements & Qualifications

• Education: Bachelors degree in Commerce / Finance (B.Com), M.Com, or CA /CMA Inter.
• Experience: 8-10 years of relevant hands-on accounting experience (experience in multi-location depot accounting or cross-border/foreign accounting is highly preferred).
• Technical Skills:
  
• Proficiency in ERP accounting software (e.g., SAP, Tally Prime, or Oracle).
• Strong working knowledge of MS Excel (VLOOKUP, Pivot Tables, financial formulas).
• Understanding of foreign payment procedures and basic statutory requirements.
• Mobility: Willingness to travel periodically across India for depot visits and internal audits.
• Soft Skills: Strong analytical abilities, high attention to detail, good bank-liaison skills, and effective communication skills.