Team Leader - Finance_AP Hyderabad

Posted 7 Days Ago
Be an Early Applicant
Hiring Remotely in India
Remote
Senior level
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
At MetLife, we’re a purpose-driven company that helps our customers build a more confident future.
The Role
The role requires managing accounts payable processes, including the timely processing of employee claims, ensuring adherence to financial policies, supporting month-end/year-end closures, maintaining records, and providing audit support. Proficiency in PeopleSoft and knowledge of taxation are also essential.
Summary Generated by Built In

Description and Requirements
Position Summary
The candidate will be part of Controllership function and will be responsible for Accounts payable - processing Vendor and employee payments related transactions, adherence to policies, month/year end closing, record keeping, audit support, reporting, etc.
Job Responsibilities
The key deliverables will include

  • Accounts payable - Employee Claims Processing: -


  • Accurate and timely processing of Travel/ Non-Travel/Corp card claims in line with finance policies and procedures for GOSC sites,
  • Ensure timely and accurate payment to employees as per company policies,
  • Should have knowledge of withholding tax and GST which is relevant to employee claims
  • Regular Interaction with all users
  • Corporate card management - issuance, maintenance, timely payment, cancellation, etc.
  • Employee Full and Final settlement processing

    • Monthly/yearly closure of books of account: -


    Ensure timely and accurate monthly closing by working on -

  • Accruals - for Employee expenses,
  • Payroll JE,
  • Advance settlement & schedule
  • Monthly reconciliation of balance sheet accounts related to employee expenses
  • Accurate reconciliation and timely payment of Statutory dues like TDS, PF, ESI, etc.

    • Document / Record Maintenance : Ensure maintenance of complete documentation with respect to Employee claims in line with Tax and SEZ/STPI requirements.


    • Policies & Procedures: Ensuring compliance with Organizational Policies and Procedures


    • Reporting: Various Internal MIS reporting of Controllership


    • Audits: Provide support for Internal & Statutory audits & all other Internal audits


    • Support in Process / systems automation on need basis


    • Adherence to defined internal KRAs and metrics


    • System Knowledge : Working knowledge on various modules of PeopleSoft i.e. Accounts Payable, Asset Management, Expense module, General Ledger


    Knowledge, Skills and Abilities
    Education

    • Graduates - B.com/M.com & MBA Finance / CA-CMA inter or PE1 shall be preferred


    Experience

    • 5-8 years of relevant experience in related field
    • Knowledge of Accounting standards & statutory laws


    Knowledge and skills (general and technical)

    • Strong analytical and execution orientation.
    • Should be capable of dealing with relationships sensitively with ability to manage conflicts adroitly
    • Strong communication and presentation skills; Ability to articulate and influence internal customers with clarity of thought process is a critical requirement
    • Proven Computer navigation skills (Mandatory / Optional). Mandatory
    • Proven keyboarding speed (Mandatory / Optional) Mandatory
    • Proven working knowledge of MS Office suite (Mandatory / Optional) Mandatory
    • Experience in working on PeopleSoft/ Oracle Preferred
    • Excellent knowledge of excel including macros Preferred
    • Understanding of INDAS, US & India GAAP Preferred
    • Understanding of Taxation (Direct & Indirect tax) Preferred
    • Knowledge about the Insurance industry in US (Mandatory / Optional) Optional
    • Knowledge about US Culture Optional


    • Knowledge of collection fundamentals Optional


    • Excellent listening, oral or written communication skills or both. Desired
    • Proven customer service skills. Desired
    • Excellent analytical and research skills. Desired
    • Self-motivated, well organized and flexible with a sense of urgency approach Mandatory
    • Teamwork/ Managing Self / Adaptability Mandatory
    • Ability to work successfully in production driven environment Desired
    • Adaptability to change Mandatory
    • Self-disciplined and result oriented Mandatory
    • Ability to manage multiple tasks prioritizing effectively. Mandatory


    • Ability to find creative and innovative solutions to business problems Desired


    Other Requirements (licenses, certifications, specialized training - if required)

    • NA


    Working Relationships
    Internal Contacts
    (and purpose of relationship):

    • All internal functions


    • Enterprise Team


    External Contacts
    (and purpose of relationship) - If Applicable

    • Banks, US stakeholders, consultants & Vendors


    About MetLife
    Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™ for 2024, MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
    Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services.
    At MetLife, it's #AllTogetherPossible . Join us!
    #BI-Hybrid

    Top Skills

    Excel
    MS Office
    Oracle
    Peoplesoft

    What the Team is Saying

    Chelsea
    Nick
    Naren
    Laura
    Bill
    The Company
    HQ: New York, NY
    43,000 Employees
    Hybrid Workplace
    Year Founded: 1868

    What We Do

    Named one of Fortune’s “World’s Most Admired Companies,” MetLife is leading the global transformation of an industry we’ve defined for more than 150 years. At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond.  With operations in more than 40 markets and leading positions across the globe, MetLife’s building a workforce of diverse and empowered voices that all belong.  Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.

    Why Work With Us

    At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.

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    Employees engage in a combination of remote and on-site work.

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