Divisional Overview

The Corporate Planning & Management (CPM) Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering teams to deliver business planning and analytics, expense management, third party risk management, and governance strategies across the firm. CPM have 5 operating pillars.
Finance & Planning supports the execution of the firm’s strategic objectives through the management of the planning process, firmwide reporting and analytics and insights into the firm’s business plans and budgets. They develop consistent framework for revenue division projections creating transparency, accountability and efficiency around projections. This pillar also includes the CF&O, EO and Engineering divisional CFOs, who are strategic finance advisors helping the firm and the non-revenue divisions achieve commercial financial opportunities. Product Finance is responsible for the overall governance and proactive management of the firm’s non-compensation expenses. Spend Management encompasses the functions responsible for managing all aspects of the firm's spend with third parties - advising commercial agreements and driving operating efficiency. Departments include Strategic Sourcing, Procure to Pay, Integrated Travel and Expense, Infrastructure and Transformation and Sustainable Operations. Operational Risk & Resilience drives firmwide Operational Risk programs along with second line teams and implements required changes within CPM. The Corporate Insurance & Advisory team in this pillar identifies, procures, and manages corporate insurance needs for the firm and its investing businesses. The CPM Engineering team provides engineering solutions that enable the firm to manage third-party spend, data and automation, plan budgets, forecast financial scenarios, allocate expenses and support corporate decision making in-line with the firm’s strategic objectives.
 

Role Overview
Professionals in CPM have an analytical mindset, exhibit intellectual curiosity and are from diverse academic backgrounds. This role sits in Procure to Pay, within the Spend Management pillar. The objective of the Procure to Pay (P2P) group is to deliver commercial value and front-to-back cost transparency across the firm. Under the Spend Management umbrella and focused on the front-to-back theme the Procure to Pay team is divided into 3 pillars - Procurement Management, Expense Management and 

Accounting & Tax Control.
Within the Accounting & Tax Control vertical, the Tax Controls team is responsible for transactional Tax review for all the vendor payments. The team handles India GST and TDS review, payments and returns filing. Team is also involved in Annual 1099 Misc reporting for Americas and regular VAT review for EMEA region. This team works very closely with regional Tax & Controllers to ensure proper / timely closure of regulatory deliverables.
The role requires collaboration with different functions across the firm on a regular basis, an ability to work independently, and ability to interact with senior professionals across the firm. The candidate is required to work closely with global counterparts. Should have excellent verbal and written communication skills.
 

Job responsibilities will include, but are not limited to:

•Assisting in Tax compliance for India, US and EMEA region towards Vendor payable process.
•Manage TDS (Withholding tax) and GST (Goods and Sales Tax) process for India entities.Balance sheet reconciliations, Accruals
•Ensuring proper VAT/GST/TDS accounting and reconciliation.
•Ensure accurate monthly tax computation and payments.
•Facilitating statutory and tax audits for the functions managed.
•Annual US Withholding computation and issuance of tax forms to vendors in compliance with 1042s.
•Annual US 1099 review and reporting
•Manage non-revenue divisions operating expenses including full ownership and accountability of the spend which would include month-end reviews, quarterly and yearly analysis
•Identify potential areas to create operational efficiencies and automate manual processes
•Ensure correctness of General Ledger by reviewing and monitoring month-end closure activities/entries

Qualifications:
•CA qualification & proficiency in Alteryx or Tableau is added advantage.
•2-3 years of relevant experience in the field of finance, accounting, tax and/or business management
•End-to-end process understanding of various functions within P2P is a must (Vendor Management, Invoice Processing, Tax, Accounting Control and Payment Reconciliation)
•Candidate with specific knowledge on Accounts Payable products like Ariba Guided Buying/Buying and Invoicing, S4, FieldGlass, SLP, Team Connect will be preferred
•Excellent communication and interpersonal (written and verbal) skills, strong attention to detail
•Strong accounting knowledge is a must .
•Proficient in Microsoft Excel and PowerPoint 

 

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