Financial Analyst Accounting

Posted 2 Days Ago
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Bangalore, Bengaluru, Karnataka, IND
In-Office
Mid level
eCommerce • Other • Retail
The Role
Manage vendor accounting and payments for Target India, ensuring policy compliance, accurate tax treatment (GST, TDS, withholding), timely payments, reconciliations, and month/quarter/year-end provisions. Monitor regulatory changes, support audits and controls (IFC, FCPA, FEMA), lead process improvements, and collaborate with stakeholders to strengthen controls and efficiency.
Summary Generated by Built In

ABOUT US:
 

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.

Working at Target means the opportunity to help all families discover the joy of everyday life. Caring for our communities is woven into who we are, and we invest in the places we collectively live, work and play. We prioritize relationships, fuel and develop talent by creating growth opportunities, and succeed as one Target team. At our core, our purpose is ingrained in who we are, what we value, and how we work. It’s how we care, grow, and win together.

Right on pace with Target’s distinctive retail brand, Target Finance and Accounting are transforming for the better. As so much more than a behind the scenes number cruncher, you will be a truly collaborative partner with a seat at the table. You will bring your unique point of view, experience and passion for the work to your team and internal clients. Within Finance, you will enjoy the interesting challenges of the competitive retail space, and you will have a 360- degree impact rather than on just one part of the business. You will see your contributions come to life in virtually every area of this dynamic enterprise. And you will grow and be challenged in your career while having a healthy balance with life outside of work.

PRIMARY FUNCTION:

As a Financial Analyst Accounting, you will be part of a dynamic team responsible for key areas of Target’s vendor accounting and payments process for the India region. The role requires ensuring adherence to internal processes and policy requirements, meeting service levels, and working effectively with internal and external stakeholders to support timely and accurate vendor payments.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

  • Review payment requests received from various teams to ensure they are in accordance with Target policies and have appropriate approvals.
  • Review the accounting treatment of payment requests, including withholding tax, GST, and any other applicable taxes, in accordance with statutory provisions.
  • Ensure payments are processed on a timely basis in line with internal policies and agreed payment terms.
  • Manage vendor-wise provisioning for monthly, quarterly and year end closure of accounts, including reconciliation of respective vendor accounts and ageing statements.
  • Review monthly vendor & GL accounts at financial review meetings.
  • Ensure compliance with applicable regulations, Internal Audit, Statutory Audits, Internal Financial Controls (IFC), Foreign Corrupt Practices Act (FCPA), and Foreign Exchange Management Act (FEMA).
  • Monitor regulatory changes in India, keep the appropriate functions updated on potential impact, and recommend actions to be taken.
  • Support initiatives within Target India for the implementation of key vendor payable related regulatory changes and updates to process documents.
  • Lead process improvement ideas to drive efficiency, strengthen controls, and improve quality.

JOB REQUIREMENTS:

  • Qualification: CA/CMA/CIMA/CPA with 2-4 years of post-qualification experience.
  • Good knowledge of Accounting and Accounts Payable functions for the India region.
  • Exceptional analytical, problem-solving, and decision-making capabilities, with a strategic mindset focused on process efficiency and financial accuracy.
  • Good interpersonal and strong communication skills.
  • Working knowledge of ERP SAP will be an added advantage.
  • Knowledge of relevant regulations such as GST, TDS, Customs, FEMA, etc.

Skills Required

  • CA/CMA/CIMA/CPA qualification with 2-4 years post-qualification experience
  • Good knowledge of Accounting and Accounts Payable functions for India
  • Knowledge of relevant regulations such as GST, TDS, Customs, FEMA
  • Knowledge of Internal Financial Controls, audit processes, and FCPA compliance
  • Exceptional analytical, problem-solving, and decision-making capabilities
  • Strong interpersonal and communication skills
  • Working knowledge of ERP SAP

Target Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Target and has not been reviewed or approved by Target.

  • Healthcare Strength Health benefits are accessible to hourly team members at relatively low hour thresholds and include no‑cost, 24/7 virtual medical care and expanded mental‑health support. This breadth is positioned as a relative strength compared to typical retail offerings.
  • Retirement Support Retirement programs include a dollar‑for‑dollar 401(k) match with immediate vesting and options like Roth 401(k) and stock purchase. These features strengthen long‑term savings for a wide range of roles.
  • Parental & Family Support Family support includes paid family leave, backup care, and reimbursements for adoption and surrogacy. These resources complement paid time off and holidays for eligible team members.

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The Company
HQ: Minneapolis, MN
172,344 Employees

What We Do

Target is an American retailing company providing access to a wide selection of products such as furniture, electronics, toys, and more. Target is one of the world’s most recognized brands and one of America’s leading retailers. We make Target our guests’ preferred shopping destination by offering outstanding value, inspiration, innovation and an exceptional guest experience that no other retailer can deliver. Target is committed to responsible corporate citizenship, ethical business practices, environmental stewardship and generous community support. Since 1946, we have given 5 percent of our profits back to our communities. Our goal is to work as one team to fulfill our unique brand promise to our guests, wherever and whenever they choose to shop.

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