Assistant/ Deputy Manager - Finance & Accounts - Shanghai( China)

Job Description:
Job Context: ¿ To key-in daily business transactions into accounting ERP system (SAP), handle MIS, manage bank, customers & vendors accounts and other MIS compliance for the branch. Also to set up systems, process and check points for SOP implementation. ¿ To  ensure adherence to SOP in the branch as well as to manage financial accounting, MIS and all legal compliances for the branch. Job Challenges: ¿ Essence of time. ¿ Attention to each & every aspect of the transaction in detail. ¿ Updated data records + sound knowledge of accounting ERP system (SAP) ¿ Dealing with various branches for transactions / reconciliation of accounts. ¿ Recovery of payment on time since the incumbent will be dealing with local buyers and suppliers. ¿ Managing account reconciliation, compliance with all local laws and dealing with local citizens in the functionKRA1Accountability¿ Keying-in daily business transactions in the accounting ERP system (SAP) ¿ Review of daily Bank reconciliation. ¿ Preparation of Daily report of Receivables & payables with due dates of receipt payment for funds management. ¿ Review of funds planning and management at various bank accounts. ¿ Preparing and analyzing financial statements and trading account of the branch ¿ including profit and loss statements and monthly closing and cost accounting reports. ¿ Monitoring and reviewing accounting and related system reports for accuracy and completeness including Ledger scrutiny.KRA2Accountability¿ Review and manage all payments, follow up with outstanding debtors and escalate overdue advances and debts. ¿ Managing account reconciliation and compliance of various branches & subsidiaries company. ¿ Analyzing revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control. ¿ Ensuring Compliance to SOP guidelines for various business transactions requiring approval hierarchy at various stages. ¿ Assisting for defining credit limits, advance limits, open position limits etc. to control the Business Risk ¿ Compliance to various legal requirements of business. ¿ Contract management ¿ reviewing financial aspects of the contract. ¿ Interacting with internal and external auditors in completing audits. ¿ Preparation of various management reports like Product wise performance, Quarterly results etc ¿ Keeping various data base for periodical management review meetings & presentations. ¿ Assisting in developing & implementing efficient policies, procedures & practices.

Minimum Experience Level:
6 - 8 Years

Report to:
Joint President - F&A

Please ensure the completeness of application. Incomplete Application will not be accepted.