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
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
