About this role

Job Summary

Assisting the finance management in various tasks including but not limited to transactional and operations duties.

Roles & Responsibilities

- Addition/Deletion and Maintain Fixed assets

- Advising on Accruals for certain expense heads

- Agreeing on firm dates with salesman on recovery and follow up on the same after review for collection

- Check and approve employees expenses

- Credit notes posting

- Customer visit and relationship building with Customer Finance department

- Dealing problematic customer receivable cases

- Department wise cost center OH reporting

- Employee Receivables

- Follow up the collections of overdue invoices.

- Forecast Bank remittances and Cash Flow

- GL and cost center wise review and reconciliation

- HHT RV Processing & manual RV posting and allocation

- Import expenses hit through various sources to AP, run SLA, verify the transaction and post to GL

- Initiate, review and accept intercompany transactions

- Intercompany Credit management and payment

- Invoice booking

- Legal case handling for customers

- Maintaining relationship with government departments and Police

- Maintaining TMI/CMI data & Charge to BU

- Manual RV's for Key Account customers to be entered on a daily basis

- Month end closing entries and processes for AP/GL/FA

- Month-end Accruals and ad-hoc reporting

- Monthly MIS and related Annexure and Schedule

- AR clean up during the review in ERP

- Other legal work – Municipality permissions etc.

- Passing Journal Vouchers at month-end

- Preparation of BS Schedules

- Receipt Allocation & Reconciliation

- Receivable Review

- Respond to Ad-hoc data requirements/clarifications

- Responsible for payments tracking and AR hygiene for the customers

- Sales Review

KPIs

- Accrual Accuracy

- Accuracy of Ad-hoc reporting

- Ad-hoc Reporting accuracy

- AR Hygiene

- Cash Flow Estimation Accuracy

- Closure of legal cases within agreed timeline

- Cost Savings Initiatives – Positive Impact on bottom-line

- Cost-center accounting accuracy

- Customer reconciliation efficiency

- Cut-off Accuracy – Month-end and year-end

- Overdue % • Process Efficiency

- Recoveries from legal cases

- Sales Value

- Strength of Internal Controls

- Timely case filing and tracking

- Timely charging to inter-company for TMI

- Timely closure of month books of accounts

- Timely Financial Reporting to Management

- Value of Vendor over-dues not paid off within due dates

- Vendor Reconciliations - % Vendor Coverage

- Volume/Accuracy of invoices processed

- Support to sales team for collections

- Testing and validating IT related issues and developments

- TMI charging to Intercompany

- Unblocking of Sales Order basis

- Vendor Balance reconciliations

- Vendor Credit management and payment

- Working Capital reports

Work Experience Requirement

5 years + in FMCG financial function

Qualification

- ICWA, B. Com, MBA/MCOM

- ACCA, CPA

Competencies

Accounting Standards and Practices Financial Compliance Budgeting Financial planning and Analysis Documentation and Reporting Communicating effectively Self and Team Management Planning & Decision Making Customer Centricity Ownership & Result Orientation