Abbott Assistant Manager - Finance in Mumbai, India

Job Profile

  • WWICB System (Inter Company Debit Note / Credit Note)

  • Maintenance of ICB system

  • Raising Receivable ICB into the system

  • Checking Payable ICB in the system and providing information to Manager

  • Changing the status of ICB in the system

  • Intercompany Billing

  • Collating Requisite Documents from the departments

  • Analyzing Intercompany transactions with respect to Indian Accounting and Tax Standards

  • Accounting of ICB receivable and payable in SAP

  • Preparation of schedule for ICB receivable & payable and income & expense

  • Coordinating with Affiliates to resolve Out of balance existing with Affiliates

  • Resolving Audit Queries & Support Transfer Price Audit

  • Non Intercompany Foreign Remittances

  • Collating Requisite Documents and details from the departments

  • Analyzing Foreign transactions with respect to Indian Accounting and Tax Standards

  • Accounting of Foreign transactions

  • Resolving Audit Queries

  • Payment of Foreign Transactions

  • Coordination with CA for 15CB

  • Coordination with tax for 15CA

  • Forward Contracts

  • Preparing list of merchandise invoices for hedging purpose

  • Perform hedging activity with Bank

  • Accounting the hedge contract

  • Submission of underlying to bank for hedged contracts

  • Submission of letters to bank

  • Reporting & Analysis

  • Cost Center Analysis for cross charge

  • Preparation of Related parties‘ schedule and disclosure for month end and statutory closure

  • Revaluation of foreign transactions

  • Qualification – CA with 1 or 2 years of experience Job Profile

  • WWICB System (Inter Company Debit Note / Credit Note)

  • Maintenance of ICB system

  • Raising Receivable ICB into the system

  • Checking Payable ICB in the system and providing information to Manager

  • Changing the status of ICB in the system

  • Intercompany Billing

  • Collating Requisite Documents from the departments

  • Analyzing Intercompany transactions with respect to Indian Accounting and Tax Standards

  • Accounting of ICB receivable and payable in SAP

  • Preparation of schedule for ICB receivable & payable and income & expense

  • Coordinating with Affiliates to resolve Out of balance existing with Affiliates

  • Resolving Audit Queries & Support Transfer Price Audit

  • Non Intercompany Foreign Remittances

  • Collating Requisite Documents and details from the departments

  • Analyzing Foreign transactions with respect to Indian Accounting and Tax Standards

  • Accounting of Foreign transactions

  • Resolving Audit Queries

  • Payment of Foreign Transactions

  • Coordination with CA for 15CB

  • Coordination with tax for 15CA

  • Forward Contracts

  • Preparing list of merchandise invoices for hedging purpose

  • Perform hedging activity with Bank

  • Accounting the hedge contract

  • Submission of underlying to bank for hedged contracts

  • Submission of letters to bank

  • Reporting & Analysis

  • Cost Center Analysis for cross charge

  • Preparation of Related parties‘ schedule and disclosure for month end and statutory closure

  • Revaluation of foreign transactions

  • Qualification – CA with 1 or 2 years of experience

An Equal Opportunity Employer

Abbot welcomes and encourages diversity in our workforce.

We provide reasonable accommodation to qualified individuals with disabilities.

To request accommodation, please call 224-667-4913 or email corpjat@abbott.com