RIL - Team Member - Payments - CA

Job Description:

- Monthly financial closing activities including validation of accruals, estimates and provisioning of all expenses in SAP

- Day to day monitoring of expenses with reference to approved Budget and validation of Purchase requisition in SAP

- Preparation of various reports from SAP and compilation of data

- Day to day accounting activities in SAP.

- Validation of Purchase orders/work orders in SAP.

- Review of RFQ, Opening of Price bids/Technical bids

- Evaluation of procurement proposals and checking with price bids and RFQ terms & conditions

- Review of exceptions/deviations in commercial proposals

- Review of applicable tax rate and validation of Note for Approval.

- Validation of change orders

- PR validation and release in SAP

- Monitoring Budgetary Controls and tracking actual spent amount with Budgeted amount

- Validation of land transactions as per SOP and coordination with LAQ team

- Monthly financial closing activities including validation of accruals, estimates, and provisioning of all expenses in SAP

- Preparation of various reports from SAP and compilation of data

- Day to day accounting work in SAP including activities related to Advance adjustments, review of open items, GR/IR clearance, Retention release after verification of contractual terms, vendor ledger reconciliation etc.

- Preparation of expenditure variance analysis on a monthly basis.

- Assisting in preparation of annual budget.

- Coordination with an auditor and providing necessary details.

- Invoices verification with reference to contracts and Purchase Orders

Skills Required (Knowledge and Skills):

- Knowledge of SAP/FICO module- Especially with reference to Accounts Payable/Banking functions.

- Knowledge of MS Excel, MS word and MS PowerPoint

- Working knowledge of GST

- Self-Starter.

- Manage multiple interfaces with project / O&M/HSE /Admin/FC&A/Contractors/P&C/LAQ and vendors.

- Maintain objectivity and confidentiality as required by the situation.

Key Attributes (Experience and Qualifications):

- CA with 2-3 years of experience