MAIN PURPOSE:

• To manage banking operations.
• To coordinate in the month-end closing activities and reports.
• To maintain the internal controls and integrity of treasury records and documentations.
• To perform NSI master data related work such as client creation/ modification & TP validation
• To perform any other / adhoc analysis time to time
• To coordinate and liaise with third party service provider for treasury functions of Montblanc Retail entity.

RESPONSIBILITIES

Banking operation

• Maintain banking relationships and facility management for Richemont India and Montblanc Retail.
• Record and monitor bank transactions, requiring manual postings (currencies, manual payments, refunds, etc.)
• Preparation of periodic bank reconciliation statement to resolve any differences in a timely manner
• Validation of recording and reporting of banking transactions of Montblanc Retail entity including bank reconciliations
• Process timely and accurate payments to domestic, foreign vendors, employee reimbursements, statutory dues and intercompany transfers
• Maintain bank accounts including but not limited to signatory updates, submission of KYC forms and requirements, renewal of facilities, etc. for Richemont India and Montblanc Retail.
• To work closely with the bank for obtaining mandatory documentation from bank to facilitate return movements (GR Waiver) and close the same on stipulated time frame.
• To ensure compliances related to imports /exports to RBI are done timely and accurately including timely closing of IDPMS and EDPMS database with Central bank (RBI) and ensure no gaps.
• Monitor and propose available bank solutions that would increase efficiency
• Ensuring proper utilization of idle funds through parking in fixed deposits
• Petty Cash Management at HO and Boutiques
• Liaise with bank account managers for any issues or concerns and other ad-hoc tasks/ project

Master data related work

• Managing Client Creation and modification in NSI.
• Performing MRP & TP Validation at consolidation level.
• Assist in implementation of any new projects and processes relating to improvement in customer / client at NSI level.

Month-end Activities & Reports

• Preparation periodic vendor ageing and monthly reports.
• Preparation month closing reconciliation and reports such as custom duty reconciliation.
• Prepare monthly cash report and projected cash flow statement.
• Co-ordinate for month-end closing by assisting Head of Accounts in expenses analysis and any other ad-hoc analysis from time to time.
• Booking of salary and reimbursement of expenses (CONCUR expense booking)

Internal control and Audit process

• Ensure effective archival of documents and efficient retrieval
• Effective documentation and record-keeping of all the transactions recorded in accounting system.
• Preparation of monthly files and ensuring adequate documentation for SOPs in place
• Contributes to the formalization or continuous improvement of standard operating procedures and processes.
• Provides any documentation requested for testing purpose: external audit, internal controls, ICS related functions etc.

Other / adhoc requests

• To keep abreast of all applicable, relevant statutory topics and ensure compliances thereto for the relevant function
• Assists Head of Accounts in any other tasks as may be required.

Education:

• Graduate / Finance Graduate (Preferred)

Required experience:

• Not less than 3-5 years of relevant experience, exposure in luxury goods industry would be an advantage

Technical skills / abilities:

• Solid accounting skills and treasury background
• Exposure to work practices in a corporate head-office preferred
• Knowledge of international payment regulations and processes
• Knowledge of computerised accounting system – especially SAP

What's in it for you?

Pathways for career development

• Work with colleagues and clients around the world on interesting and challenging work.
• We provide internal career opportunities, so you can take your career further within TMF.
• Continuous development is supported through global learning opportunities from the TMF Business Academy.

Making an impact

• You’ll be helping us to make the world a simpler place to do business for our clients.
• Through our corporate social responsibility program, you’ll also be making a difference in the communities where we work.

A supportive environment

• Strong feedback culture to help build an engaging workplace.
• Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work-life balance to perform at your best.

Other Benefits

• Marriage Gift policy
• Paternity & Adoption leaves
• Interest free loan policy
• Salary advance policy
• Covid support taskforce
• Well being initiatives