Senior Associate - Finance

Job description:
Designation: Senior Associate - FinanceLocation: Perundurai

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.

Trusted by the worlds leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and speciality threads.

With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.

Scope:Candidate will supportO2C function.Job Purpose:The main responsibilities of the job include to managing the customer discounts, He/she should be capable to calculate the discounts as per offers and schemes, issue of Credit notes, customer wise discount analysis and providing MIS report to management on cost impact. The candidate should also support branch finance activities independently. The candidate must be familiar with all the accounting procedures. Duties and responsibilities:

• Ensure proper issuance of credit notes to customers and cross check the accuracy and completeness with the approved schemes.
• Calculate monthly, quarterly, annual discounts to be given to customers and provide necessary provisions accurately based on the approved schemes
• Assist in month end closing including providing timely reports/ analysis.
• Coordinate with Commercial and Sales Operations team to prepare weekly/ monthly reports and analyses.
• Analysis of Cost Center reports and preparation of Group/ business reports to support Commercial and Operations teams.
• Performing day to day finance activities of branch
• Periodically review customer accounts and escalate any issues identified.
• Complete other ad-hoc jobs that the management may assign from time to time.

Skills:

• Excellent communication skills
• Analytical skills
• Self-motivated and ability to work with minimum supervision.
• Teamwork and collaboration skills

Technical Knowledge:

• Working knowledge in SAP
• Proficiency in MS Excel, Word, PPT. Should have excellent knowledge in Advanced Excel.
• Power BI expertise is preferred.

Education and professional experience:

• B.com/M.com/MBA/ any graduate with 7+ years experience in manufacturing industry.
• knowledge of applicable INDAS and IFRS.
• Knowledge in various laws viz Income Tax, GST, labour laws etc.

At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.

Apply now to be part of our dynamic team and help shape the future of textiles.

Profile description:
Job Purpose: The main responsibilities of the job include to managing the customer discounts, He/she should be capable to calculate the discounts as per offers and schemes, issue of Credit notes, customer wise discount analysis and providing MIS report to management on cost impact. The candidate should also support branch finance activities independently. The candidate must be familiar with all the accounting procedures.
We offer:

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• www.Coats.com