LUXASIA

Analyst - Finance (Accounts Receivable)

LUXASIA

Mumbai Metropolitan Region · Full Time

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Experience
Any
Salary
Openings
1
Posted
1 week ago
Work mode
In office
Education
Bachelor's degree in Accounting or Finance
Resume
Required to apply

Where you'll work

Job description

About LUXASIA

LUXASIA stands as Asia Pacific's foremost beauty omnichannel brand-builder since 1986, facilitating market entry and growth for over 100 luxury beauty brands such as Albion, Aveda, Bvlgari, Calvin Klein, Creed, Diptyque, Hermes, La Prairie, Maison Francis Kurkdjian, Montblanc, Paco Rabanne, Salvatore Ferragamo, and SK-II. The Group has strategic Joint Ventures with prestigious names like LVMH Group, Revlon (Elizabeth Arden), Puig, Shiseido, and Orveon (Laura Mercier). With operations spanning luxury retail, e-commerce, consumer marketing & analytics, and supply chain management, LUXASIA's diverse team comprises 2700 professionals across 15 expanding markets.

Key Responsibilities

  • Collaborate with Finance, Accounts, and Operations teams to prepare Management Information System (MIS) reports.
  • Support the Import Team with DA/Label Data preparation and subsequent follow-ups.
  • Reconcile sales figures, Accounts Receivable, Returns to Vendor, and General Ledger data with retailer records.
  • Document consignment chain sales to report to the COE team for accounting compliance.
  • Ensure reconciliation of discounts and offers, obtaining necessary approvals for accounting postings.
  • Generate weekly and monthly sales MIS reports.
  • Oversee GST return filings, manage GST payments, and assist during GST audits by providing payment challans.
  • Manage customer creation processes within the system.
  • Record bank receipts from customers and clear AR applications accurately.
  • Distribute bi-monthly receivables statements to customers and pursue timely collections.
  • Conduct periodic reconciliations with customers and provide monthly provisions relating to discounts, marketing debit notes, etc.
  • Maintain detailed records of customer requirements and facilitate smooth communication.
  • Handle salary accounting and related tasks for airport staff.
  • Assist in calculating and reporting bad debts and provisions.
  • Share carton sales and GST collection data with the Finance Head.

Qualifications and Skills

  • Bachelor's degree in Accounting, Finance, or a related discipline.
  • Demonstrated experience in accounting, sales operations, or similar functions.
  • Advanced skills in MIS reporting and Microsoft Excel.
  • Knowledge of GST filing procedures, SAP software, and compliance processes is preferred.
  • Strong communication prowess and excellent organizational skills.

Why Join LUXASIA?

At LUXASIA, we recognize potential in every individual and strive to nurture your professional growth. Our extensive luxury brand portfolio spans Asia Pacific and continues to expand, offering you the chance to impact millions of consumers. We empower you to manage your responsibilities entrepreneurially while providing support and care. Our culture celebrates diversity, encourages innovation, embraces change, and drives collective success. Despite the challenges, a fulfilling career and significant professional development await you with LUXASIA.

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