Senior Executive - Finance

Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances. 

Position - Senior Executive - Finance

Department:      Finance

Location : Chennai

About Us

Milton Roy, part of the Ingersoll Rand Group, manufactures controlled-volume metering pumps and equipment that deliver unsurpassed reliability and accuracy in critical chemical dosing applications

Job Summary

The role is of  Senior Executive – Finance , entrusted with overseeing comprehensive financial operations, including project sales invoicing, BG/LC processes, and reconciliation of supplier, employee, and advance accounts. The role encompasses the preparation and review of monthly financial statements, prepaid and forex entries, and ensuring statutory compliance through accurate GST filings, ROC documentation, and audit support. Additionally, the position is responsible for conducting costing analysis of raw materials and finished goods, managing domestic and import supplier payments, verifying PO and non-PO bills, and facilitating timely employee reimbursements. By ensuring precision in financial reporting and adherence to regulatory standards, the Senior Executive – Finance plays a critical role in supporting audits, driving compliance, and providing valuable financial insights to aid management in strategic decision-making.

 Job Duties and Responsibilities:

1. • BG/LC process and working with customer on this subject and focusing on AR to reduce the past dues.
   • Project Sales invoice submission to customers & uploading the invoice in the respective customer portal
   • Preparation & Posting of Prepaid and Forex entries
   • Preparation of Monthly JV & Checklist
   • AP Reconciliation, Supplier Advance Reconciliation & Employee Advance Reconciliation
   • Balance sheet Reconciliation for all the accounts
   • Intercompany Back charges invoice preparation & Circulating to ICO parties and reconciliation.
   • Supporting to Statutory Audit & Tax Audit and Statutory Compliance
   • Handling of Bank related works
   • Preparation of Daily Sales Report and other reports to the management
   • Finalization of Monthly TB and review and presentation
   • Updatation of Costing for RM and arrive the Selling price for FG, review of WIP movement
   • Knowledge ROC fillings
   • Filing of GST returns (GSTR1, GSTR3B, GSTR 9, 9C and ITC-04)
   • Statutory payments on time
   • Verification of PO and Non PO Bill booking and Journal Entry and Vouching of Employee Reimbursement
   • Handling of Domestic/Import Supplier Payments.

Position Skill Requirements / Required Competencies:

• Solid understanding of accounting and finance principles, including manufacturing and cost accounting.
• Graduate degree & proficiency of Excel and Powerpoint & Finance Tools
• Strong written and oral communication skills
• Organized, flexible and easily adaptable to changing conditions.
• Ability to work well in high pressure situations in order to meet deadlines.
• Ability to work in a multi-cultural environment.
• Demonstrated leadership ability.

Travel & Work Arrangements/Requirements:

Work from office  

Additional Requirements:

• Bachelor’s degree from four-year college or university.
• Minimum of 8 years of experience, preferably in an MNC

What we Offer:

• We are all owners of the company! Stock options (Employee Ownership Program) that align your interests with the company's success. 
• Yearly performance-based bonus, rewarding your hard work and dedication. 
• Leave Encashments
• Maternity/Paternity Leaves
• Employee Health covered under Medical, Group Term Life & Accident Insurance
• Employee Assistance Program
• Employee development with LinkedIn Learning
• Employee recognition via Awardco
• Collaborative, multicultural work environment with a team of dedicated professionals, fostering innovation and teamwork. 

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.