About this Opportunity
Work with the team that delivers company-wide planning, long-range goals and business strategies, and critical financial support. You'll find a wide variety of positions and plenty of opportunities for professional growth.
Use your skills, experience and talents to be a part of groundbreaking thinking and visionary goals. As a Sr Fin Analyst Accounting, Accounts Payable, you'll take the lead as you
Review the payments request received from the various teams to ensure that these are in accordance with company policies and have the appropriate approvals.
Accounting of the payment requests and withhold taxes in accordance with the statutory provisions.
Preparation of vendor payment advices after receiving the appropriate approvals.
Communication of payment details to vendors and providing clarifications.
Reconciliation of vendor accounts and aging statements.
Processing vendor payments in foreign currency and preparation of the necessary documentation in accordance with the requirements of the Foreign Exchange Management Act 2000.
Accounting for inward remittance towards accounts receivable.
Responsible for review of cash transactions and physical verification of cash.
Preparation of weekly/fortnightly fund positions and flagging of the request for fund transfers.
Ensure that all service level agreements (SLAs) with internal clients are met on time.
Responsible for vendor wise provisioning for monthly closure of accounts.
Preparation of audit schedules and participating in the audit of accounts.
Preparation of Monthly Dashboards for Business Support.
Monitor the regulatory changes in India and keep the appropriate function updated of the potential impact and actions which they need to take-up and assess the situation
Support initiatives within Target India in implementation of key vendor payable related regulatory changes and updation of process documents
Lead process improvement ideas in driving efficiency, strengthening controls and improving quality
REPORTING/WORKING RELATIONSHIPS:
The Sr Financial Analyst Accounting – Accounts Payable will report to Senior Manager FAR – Vendor Payables.
JOB REQUIREMENTS:
College degree in accounting with 4-6 years’ experience. Good knowledge of Accounting and Accounts Payable function in a global environment. Strong analytical skills and attention to detail Good interpersonal skills Strong communication skills Working knowledge of ERP preferably SAP Knowledge of relevant Indirect taxes like VAT; Service Tax; TDS; Customs; FEMA , GST etc. Qualifications like Chartered Accountants; Company Secretary; Cost Accountant or other financial qualifications will be an advantage.
Skills Required
- College degree in accounting
- 4-6 years of accounting/accounts payable experience
- Good knowledge of Accounting and Accounts Payable in a global environment
- Working knowledge of ERP (preferably SAP)
- Knowledge of Indian indirect taxes and regulations (VAT, Service Tax, TDS, Customs, FEMA, GST)
- Strong analytical, interpersonal and communication skills
- Qualifications like Chartered Accountant, Company Secretary, or Cost Accountant
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.
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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.
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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.
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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.
Target Insights
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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