Analyst- VMI

Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world. 

A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment. If you are excited about a role but don't meet every bullet point, we encourage you to apply and join us to create the extraordinary.

Summary:

The Analyst VMI will be based in Chennai reporting to Manager

In charge of ensuring accurate accounting activities and effective financial operation of the function and implementing appropriate financial and accounting procedures to coordinate transactions to ensure compliance to relevant legislative and corporate directives and to ensure accurate and reliable data necessary for business operations.

What a typical day looks like

• Perform monthly, quarterly, and annual accounting activities including reconciliations of Balance sheet accounts, coordination, and completion of annual audits, and reviewing financial reports/holds up as necessary.
• Research and report on financial status including income statement variances, communicating financial results to management, budget preparation.
• Improve systems and procedures and initiate corrective actions.
• Oversee taxes and abide by federal regulations.
• Ensure proper control and accounting of fixed assets additions, disposals, and transfers.
• Generate reports for labor investigation, expense research, monthly balance sheet and monthly customer profit and loss statement.  Review and implement actions resulting from reports.
• Ensure budgets, schedules, and performance requirements are met.
• Review all inter-company ICV booking and payments.
• Ensure proper accounting of all transactions.
• Ensure accurate monthly inventory valuation.
• Coordinate/oversee annual physical inventory or stock take.
• Research expenses for cost centers, departments, and projects.

Accounts Receivable

• In charge of ensuring timely generation and submission of invoices for Shipment and Services.
• Initiate actions for early identification and resolution of disputes with the customer.
• Contact customer (email and calls) and confirm receipt of shipment, Invoices, upcoming payment dates and invoice to be paid.
• Facilitate timely accounting of Funds Credited to Flex Bank account.
• Reporting activities - Generate and update Weekly AR reports, prepare AR/GL recons.
• Ensure completion of Month end accounting activities as per the corporate calendar.
• Holding up audit requirement for the function assigned.

Accounts Payable

• Process invoices as per the standard operating procedures within the accord TAT.
• Resolve discrepant invoices as per the standard operating procedures.
• Supplier Statement of Accounts must be reconciled with Flex Books and ensure Aged Transactions and Risk Exposure items are maintained at acceptable limits.
• Ensure timely disbursements of payments & accurately accounting the same.
• Ensure completion of Month end accounting activities as per the corporate calendar.
• Holding up audit requirement for the function assigned.

Experience we are looking to add to our team

• Bachelor’s degree in accounting, Finance or related field or equivalent experience and training. 
• Typically requires a minimum of 1 year of related experience.
• Finance related professional certification courses is preferred (CPA, CMA, CWA, CA, CGA, CFP, APICS). Certified Public Accountant (CPA), Certified Financial Planner (CFP), Certified Management Accountant (CMA), America Production Inventory Control Society (APICS), Chartered Accountant (CA), or a Certified General Accountant (CGA).

Here are a few examples of what you will get for the great work you provide:

• Paid Time Off
• Health Insurance

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Required Skills:

Optional Skills:

Flex is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities. We do not discriminate based on: age, race, religion, color, sex, national origin, marital status, sexual orientation, gender identity, veteran status, disability, pregnancy status, or any other status protected by law. We're happy to provide reasonable accommodations to those with a disability for assistance in the application process. Please email [email protected] and we'll discuss your specific situation and next steps (NOTE: this email does not accept or consider resumes or applications. This is only for disability assistance. To be considered for a position at Flex, you must complete the application process first).