India - AP Executive (FTC)

Posted 4 Days Ago
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Chennai, Tamil Nadu, IND
In-Office
Junior
Logistics • Transportation
The Role
The role involves managing accounts payable, ensuring timely payments and reconciliations, and optimizing financial processes. Key tasks include dispute resolution and stakeholder communication.
Summary Generated by Built In

Who we are?

At Inchcape Shipping Services, our vision is to create a connected world where customers can trade successfully and make informed decisions in every port, everywhere. We achieve this by combining our worldwide infrastructure with local expertise, through our global network of more than 250 proprietary offices and a team of over 3,000 dedicated professionals. Our diverse customer base includes owners and charterers in the oil, cruise, container, and bulk commodity sectors, as well as naval, government, and intergovernmental organisations.

We have an ambitious growth model, and a career here is certainly going to be a rewarding one that will allow you to bring your skills & experience. We embrace change and are open to new thinking and pushing for positive change in our industry.

Main Purpose of Job

Accounts Payable function within the Onecape HUB, to include preparation of payments/SOA reconciliation & recovery of balances from agents and/or vendors on behalf of the customers that fall under the Onecape product. This will include ensuring SLA’s/KPI targets are adhered to in accordance with our operational/financial strategy.

Key Accountabilities

  • Daily preparation of due payments
  • Adhere to SLA timings for different payment types
  • Management of funds due from agents/vendors either by payment offsetting or refund request; keeping overdue to a minimum
  • SOA reconciliation
  • Dispute resolution
  • Adhere to global bank account verification policy (LOBD)
  • Reporting i.e customer cashbooks
  • Transaction posting within internal accounting system (Unit 4)
  • Communication externally and internally
  • Escalation on vendors/LPA’s on overdue receivables
    Key Deliverables
  • Maximize working capital by adhering to policies for their financial accountabilities
  • Accurate recording of accounting transactions
  • Clear communication with internal/external stakeholders.
  • Coordination with operations / LPAs and Client Services.
    Essential
  • Experience in Payables
  • Excellent communication skills
  • Ability to meet deadlines through good time management and allocation of priorities
  • Experience of working in a target driven environment.
  • Bachelor’s degree in Accounting / BBA.
  • Willing to work in Hybrid model
  • Willing to work shifts between 7am-11pm
    Desirables

  • Process oriented
  • Shipping background
  • Prior exposure to AP process in ERP
  • Masters Degree
  • MBA Financial Mgmt
    • Why Inchcape Shipping Services?
      We believe in building a diverse and high performing workforce, that works together to provide our customers with the exceptional service they deserve. To reach the highest standards we depend on our people, their welfare, training and expertise. We realize the value of our staff and know that your unique experiences, skills and passions will help you to build a rich and rewarding career in our dynamic industry.
              Our values are at the center of everything we do and the successful candidate will be expected to demonstrate and fully adopt these:   
    A diverse range of benefits, depending on your geographical location. Globally as a minimum you will receive:
    • A retirement savings plan
    • Life assurance
    • Holiday starting at 22 days
    • Healthcare
    • Competitive salary
    • Employee Assistance Programmed
    • Career development and progression opportunities
    • Values Award celebration events
    • Team building days
    Plus, much more!If you think that you have the right skills, knowledge and attitude to join our team, then we invite you to apply by simply clicking at the top of this advert!#ISSthebiggerpictureAppointment to this role will be subject to satisfactory references and possession of a valid Right to Work documentation depending upon your geographical location.Inchcape is an Equal Employment Opportunity Employer and equality; diversity and inclusion are at the center of everything we do. We recognize that our customers, colleagues, contractors and other partners are central to our success and that we work in a diverse society. We acknowledge not only our legal, but also our moral responsibility to ensure all groups have equality of opportunity.#LI-MB1
    In return, we will offer you:
    Progress - we adopt new thinking and push for positive change in our industry.
    The Power of People - we rely on the strength of local agent knowledge and relationships.
    Global Perspective - we connect the world and see the bigger picture.
    #LI-MB1

Skills Required

  • Experience in Payables
  • Bachelor's degree in Accounting / BBA
  • Excellent communication skills
  • Ability to meet deadlines
  • Experience in target driven environment
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The Company
HQ: London
3,228 Employees
Year Founded: 1847

What We Do

Global trade has always depended on the port and since 1847 Inchcape Shipping Services has provided the local knowledge and means to deliver port calls that enable business to ship smoothly and trade successfully. Inchcape combines its worldwide infrastructure with local expertise through our global network of over 260 proprietary offices, across 60 countries and a team of more than 3,200 committed professionals. Our unique geographical footprint means we can offer customers a full range of services, delivered safely, transparently and with exceptional service wherever they are in the world. Our diverse global customer base includes owners and charterers in the oil, cruise, container and bulk commodity sectors as well as naval, government and intergovernmental organisations. Through the real-time port data and information generated by our global network, coupled with investments in technology, we provide market and port intelligence that allows our customers to focus on their core business and make informed decisions.

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