Assistant Manager - Cash Flow & Fund Management - Conglomerate

We are hiring for India's largest conglomerates, for Corporate office based out at Mumbai location for their "Finance & Accounts" division

Chartered Accountant completed.

Purpose - Why does this role exist?

- Tracking of bank balances and ensuring timely fund transfers with focus on meeting all statutory and debt liabilities and ensuring optimization of bank limits and accounting there off.

- Interest cost.

- Support and closely co-ordinate in preparation of MIS and plotting of monthly and weekly budgets, tracking of actual cash inflows and outflows and finalizing summarized position

Key Result Areas (Key Performance Indicators)

1. Cash Flow MIS

- Bank limit utilization, updation of drawing power and CC interest rate of all the banks.

- Support Preparation of daily Cash Flow Budget. Preparation and monitoring of daily cash inflow and outflows.

- Preparation of Consolidated Cash Flow - Actual.

2. Daily Fund Movement & Accounting

- Fund movement - towards firm dues, operational allocation and collection.

- Ensuring optimum utilization of Funds and priorities low cost cash credit utilization.

- Accounting entries - Fund Transfer, interest calculation and Commitment charges.

- Creation of House Bank ID/Updation of bank Master in SAP.

3. Compliance

- Review of Cash Credit, Commitment charges and claiming refund of excess interest charged from bank.

- MIS for month wise/bank wise utilization and CC interest.

Critical Tasks

- Preparation of Monthly Cash Flow Budget and daily Cash-flow MIS for management decision.

- Interest calculation and checking, Follow-up and updating of drawing power

- Updating of KYC for banks.

Educational Background and Work Experience

Chartered Accountant

Competencies

- Relationship building / Interpersonal skill

- Ownership & drive for results

- Team Work & Team Building

If interested please acknowledge with your updated CV fill all the details-

Reason for change:
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