To perform routine foreign vendor invoice processing activities including checking invoices against purchase orders timely entry into ERP system verification of TDS requirements coordination with banks and treasury for payment follow-up and maintaining FEMA compliance awareness. This entry-level role focuses on learning foreign payment processes and building specialized skills in international transaction processing.
Key Result Areas:
Key Result Areas
Supporting Actions
Foreign Invoice Processing Accuracy
Process routine foreign invoices with 99% accuracy
Perform PO-Invoice-Contract matching correctly
Apply correct exchange rates and currency codes
Ensure all mandatory FEMA documents are attached
TDS & Compliance
Apply correct TDS rates under Section 195
Verify tax residency certificates when applicable
Account for TDS postings accurately
Reconcile monthly TDS liability for foreign payments
Bank & Treasury Coordination
Follow up with banks for payment execution status
Coordinate with treasury for forex booking confirmation
Track SWIFT payment UTRs and confirmations
Escalate payment failures to Process Lead promptly
Learning & Development
Build knowledge of FEMA regulations through training
Learn different payment purposes and documentation requirements
Improve understanding of foreign exchange and banking
Seek guidance on complex foreign payment scenarios
Required Experience:
Junior IC
Job Purpose:To perform routine foreign vendor invoice processing activities including checking invoices against purchase orders timely entry into ERP system verification of TDS requirements coordination with banks and treasury for payment follow-up and maintaining FEMA compliance awareness. This ent...
Job Purpose:
To perform routine foreign vendor invoice processing activities including checking invoices against purchase orders timely entry into ERP system verification of TDS requirements coordination with banks and treasury for payment follow-up and maintaining FEMA compliance awareness. This entry-level role focuses on learning foreign payment processes and building specialized skills in international transaction processing.
Key Result Areas:
Key Result Areas
Supporting Actions
Foreign Invoice Processing Accuracy
Process routine foreign invoices with 99% accuracy
Perform PO-Invoice-Contract matching correctly
Apply correct exchange rates and currency codes
Ensure all mandatory FEMA documents are attached
TDS & Compliance
Apply correct TDS rates under Section 195
Verify tax residency certificates when applicable
Account for TDS postings accurately
Reconcile monthly TDS liability for foreign payments
Bank & Treasury Coordination
Follow up with banks for payment execution status
Coordinate with treasury for forex booking confirmation
Track SWIFT payment UTRs and confirmations
Escalate payment failures to Process Lead promptly
Learning & Development
Build knowledge of FEMA regulations through training
Learn different payment purposes and documentation requirements
Improve understanding of foreign exchange and banking
Seek guidance on complex foreign payment scenarios
Discover a world of financial solutions at Aditya Birla Capital – your trusted partner for investments, insurance, loans, and a wide range of financial services in India.
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