Senior Executive - Finance

At Oxford Instruments, we enable the world's leading industrial companies and scientific research communities to image, analyse and manipulate materials down to the atomic and molecular level. With a sixty-year history, and fourteen Queen's Awards for Enterprise, our world-class products and technologies are helping our customers to address the greatest challenges of the 21st century.

Key Responsibilities

Financial Function:

• Monthly reporting of accounts, profitability, turnover, order booking through Group reporting software.
• Day to day routine activities reporting to respective Business Units.
• Reporting to Local Management on various reports about Finance (profitability, overheads, budgeting, budget vs actual) and HR related activity reports.
• Solely responsible for local audits and reporting to Group Finance on Audit outcome.
• Preparation of Financial statements and other reports preparation.
• Intercompany receivables / payables - Timely collection and payments for intercompany transactions.
• Reconciliation of all ledger balances accurately.
• Determining the financial needs and working capital management.
• Overseeing the debtors and creditors control and reconciliation of their dues.
• Control and monitor various payments to vendors, customers and service providers and clearance of advances, bill passing, etc.
• Manage and control the approval and processing of revenue, expenditure, salary updates, general ledger, and maintenance of account and data entry,
• Regularly monitoring overheads, Budgeted vs Actuals
• Liaising with banks for banking transactions, which includes timely payment of EMD's, Bank guarantee, LCs, Intercompany Payments, Employee credit cards, etc.
  
  

Tax & Regulatory Function:

• Interacting with the India Country Director to provide support to business planning initiatives through financial and management information analysis, reports, and recommendations from tax regulatory and financial perspective.
• Ensure company compliance with all legal and required regulatory requirements such as Income Tax regulation, Good and Service Tax, Transfer pricing, Companies Act.
• Timely payment of statutory dues and filing of monthly, quarterly, half-yearly and annual returns under the regulations.
• Maintain all necessary licenses required for the business of the company
• Update job knowledge by remaining aware of the aforesaid regulations

Payroll & Others:

• Managing the monthly payroll function and liaison with Payroll agency.
• Arranging for Life & Medical Insurance coverage for Local insurance requirements
• Undertaking Full and final settlement activities the time of relieving of the employees
• Responsible for HR related activities locally and reporting to Group HR.

Carry out any other tasks that may be reasonably required by the Company.

Person Specification - Essential requirements unless stated

All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, or disability.

Note to recruitment agencies: Oxford Instruments operates a Preferred Supplier List, and we do not accept unsolicited agency CVs. Please do not forward candidate details in response to this advert, or to any Oxford Instruments employees or other company locations. Oxford Instruments is not responsible for any fees related to unsolicited CVs.