The company has come a long way since its small beginnings in 1942. It was set up as a partnership firm by four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967. Today, it is double the size of any other paint company in India. Asian Paints manufactures a wide range of paints for decorative and industrial use.
Website: https://www.asianpaints.com
Profile: Accounts Executive/Accountant
Job location: Mumbai
Course Specialization: B.Com/M.Com
Desired Experience: 1 - 3 years
Job Purpose:
- Accounting and monitoring of Intercompany transactions, accounting of investments and GL scrutiny.
- Providing details for statutory audit by coordinating with plants/sales locations/RDCs etc.
- Primary Responsibilities Business Responsibility Areas (Please detail out at least 8-10 responsibility areas)
Key Performance Indicators:
- Recovery from Group Companies
- Ensuring timely and accurate recovery of various expenses from International Subsidiaries
- Monitoring Related party transactions and ensuring that they are within the overall limits as approved by the Board
- Ensure timely collection of charges raised
- Reporting approval vs actuals on a monthly basis
- Intercompany reconciliation
- Work with IT in building the IT controls for complying with the provisions of Companies Act / Listing Agreement w.r.t. RPT 2. Investment Accounting
- Accounting of investments done, redemption of investments and dividend received on the investments done by the Company.
- Obtaining periodical confirmation from the Mutual Fund agencies and reconciling them with the books of accounts.
Education:
B. Pharm, B.A., B.A.(Hons.), B.Com., B.Com.(Hons.), B.Des, B.E-Com., B.F.Tech, B.Sc., B.Sc.(Hons.), B.Sc.(Hotel Management), B.Tech/B.E., BAF, BBA, BBI, BBM, BBS, BCA, BCM, BDS, BFIA, BFM, BHM 3 Yr., BHM 4 Yr., BIM, BIT, BJMC, BMM, BMS, Chartered Accountant, Diploma 1 Yr., Diploma 2 Yr., Diploma 3 Yr., LL.B, M. Pharm, M.A., M.A.(Hons.), M.Com.(Hons.), M.Des, M.Phil., M.Sc., M.Sc. (Tech.), M.Sc.(Hons.), M.Tech./M.E., MBA, MBBS, MBE, MCA, MCM, MFM, MMS, MSW, Nursing, P.G. Diploma 1 Yr., P.G. Diploma 2 Yr., P.G.D.B.A, P.G.D.B.M., P.G.D.C.A, Ph.D.
Work Experience:
1 - 3 Years
Salary
4.7 - 5 LPA
Industry
IT