As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.
Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values different voices and lifts each other up. Here, we believe your unique perspective is important, and you'll build relationships by being authentic and respectful.
Overview about TII
At Target, we have a timeless purpose and a proven strategy. And that hasn't happened by accident. Some of the best minds from different backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target's global team and has more than 4,000 team members supporting the company's global strategy and operations.
PRIMARY FUNCTION:
Responsible for accounting, reviewing and analysing day-to-day activities related to
Salvage Receivables - Invoicing, Posting Month-end Close Journal Entries, Issuing Credit notes, Payment application, Journal entry preparation and upload
. The Analyst will play the role of a subject matter expert and will partner with Roundel HQ to enhance the team's contextual knowledge.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
Maintain Financial Integrity
Responsible for timely and accurate preparation & review of various
Journal entries.
Ensure timely and accurate
closure of month end activities
.
Ensure upload of daily cash
collection and its application
.
Responsible for preparation of
Invoicing Salvage Customers
for accuracy & completeness.
Process
Credit notes
.
Ensure
Inbox & SharePoint monitoring
and acknowledge every request within TAT.
Internal controls:
Analyze account balances and activity for accuracy and proactively identify risks and take necessary actions to implement corrective controls.
Perform high level process reviews to identify potential control deficiencies and execute corrective strategies.
Operational efficiency
Responsible for preparation, analysis and report out of metrics for management reporting.
Identify process improvement ideas to drive operational efficiencies and improve control environment
Share and implement best practices followed across Finance.
Responsible for training methodology and documentation. Conduct and evaluate training for new and existing team members
Audit
:
Serve as single point of contact for statutory/internal audit engagements and ensure proper compliance to all requests in a timely manner.
Systems:
Responsible for assessing impact of any system change/upgrades and partnering with technical teams, as required.
Projects and Transitions
:
Work on special projects and transitions which may require being part of cross functional teams.
REPORTING/WORKING RELATIONSHIPS:
Reports to Target India Accounting Manager. Has working relationships with Minneapolis and India Accounting team.
JOB REQUIREMENTS:
MINIMUM REQUIREMENTS:
Minimum 2 years accounting experience in GL/R2R or
Minimum 2 years Audit experience excluding or 5 years including Articleship.
Hands on experience in SAP.
Working knowledge of SOX controls and US GAAP.
Project planning, multi-tasking skills and presentations skills are mandatory.
Transition Experience of GL activities or other accounting process is preferred.
Ability to organize and prioritize team's workload to ensure meeting strict deadlines and managing pressure.
Proven analytical, problem solving, multi-tasking and decision-making skills
Excellent written and verbal communication skills, including Presentation skills.
DESIRED REQUIREMENTS:
Experience in Retail accounting and US GAAP Accounting standards
Strong understanding of business process workflows like AP, AR, Payroll, Treasury, Fixed Assets etc.
Beware of hiring scams
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Target will never ask you to submit personal information via a text message for a position. Target will only ask you to apply for positions through indiajobs.target.com, corporate.target.com/careers, or Workday, our applicant tracking system.
Learn more
Competitive benefits
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We are proud to provide benefits that support you, your family and your future.
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Health and well-being
Target in India (TII) prioritizes our people by offering healthcare support, fitness programs, teleheath benefits (i.e., screenings and consultations) and 24/7 confidential mental well-being telecounseling support.
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Financial well-being
Your financial well-being is bright with TII's comprehensive flexible insurance program, National Pension System, learning assistance program, day care support and much more.
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Paid time off
TII encourages work-life balance with paid time off like privilege, casual, bereavement and parental leaves that offer support in all stages of life.
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Competitive pay
TII knows our people are everything and proudly provides equitable and competitive pay.
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Other benefits
From digitalized cafeteria solutions to transportation services to broadband reimbursement, enjoy special everyday perks.
Eligibility requirements may vary based on position, average hours worked, length of service and program requirements. Benefits are subject to change.
Creating a culture of joy
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We bring out the best in each other every day.
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Inclusivity
We value diverse voices and approaches. We act with authenticity and respect. We create equitable experiences for all.
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Connection
We build trusted relationships. We collaborate across business functions. We recognize and celebrate progress.
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Drive
We do what is right for Target, our team and guests. We deliver results that matter. We continually learn by valuing progress over perfection.
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