SAP Business One Finance Accountant Must Have Skill: SAP Business One 1. Account Payables (Procure to Pay):
Conduct a comprehensive review of invoices through a 3-way matching process and adhere to established SLAs while processing invoices.
Verify the accuracy and compliance of all invoices with company policies and procedures to guarantee correctness.
Maintain effective communication with stakeholders when encountering incomplete documents that hinder payment processing.
Perform routine vendor reconciliations to ensure financial accuracy and vendor relationship integrity.
2. Accounts Receivable (Order to Cash):
Accurately generate sales invoices.
Adhere to the company's credit policy while overseeing customer credit accounts.
Ensure prompt and effective communication with stakeholders to facilitate timely customer collections, including sending reminders in advance of due dates.
Administer and handle customer credit notes, including processing payments as necessary.
Responsible for timely and accurate monthly book closing by ensuring adherence to the monthly closing checklist, taking provisions, ensuring bill bookings, preparing landed costing for the products, bank reconciliations, etc.
Preparation of balance sheet reconciliation on a periodic basis and review it with the finance head.
Support in preparing the upload file for Tagetik reporting as per the timeline shared by HQ.
Ensuring monthly, quarterly, and annual reporting requirements of Tagetik as per the timeline shared by HQ.
Ensuring reconciliation of inter-company balances.
4. Cashflow:
Preparation of weekly actual and forecasted cashflow, highlighting the current and future liquidity positions.
Coordination with Commercial team on the sales/collection projection and Supply chain for incoming shipment and payment for preparing the Cash flow.
Reporting of cash flow as per the timeline shared by HQ.
Relationship with Acino HQ and manage the Treasure reporting requirement (weekly, monthly, and quarterly).
Manage intercompany documentation related to agreement of loan, Working capitals, etc.
5. Banking:
Uploading payment on bank portals after verification of bank account details.
Creating LC after verification of necessary documents.
Coordination with Bank and relationship manager for day-to-day activity.
6. Capex Controller:
Controlling Capex budget - Ensuring no overrun on the budget.
Financial evaluation of the capex proposal.
Meeting reporting requirement of Acino HQ - Monthly preparation of presentation for focus meetings.
Rolling forecast for Capex etc.
Preparation of Capex proposal as per Acino's policy and sharing it with HQ.
7. Taxation:
Filing quarterly VAT returns as per the timeline shared by Federal Tax Authority (FTA).
Continuously monitoring the VAT refund due from FTA.
