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24/03 Vinod Pandey
Head at PMS Consulting

Views:145 Applications:25 Rec. Actions:Recruiter Actions:0

Associate Manager - Accounts Payable - FMCG (2-4 yrs)

Ahmedabad/Gujarat Job Code: 1238162

Associate Manager (Accounts Payable)


1) Job /Position description:

- Vendor Hygiene and maintaining various controls.

- Bank Reconciliation and conformations.

2. Accountabilities / Responsibilities:


- Accountability Supporting Actions

Controlling & Monitoring of Vendor balances, Vendor Reporting:

- Preparation of reports and review of vendor advances, hold balances & ageing.

- Monthly clearing of balances and vendor open line items.

- Review of transactions with vendor and blocking of vendors for pending NDCs.

- Arranging recoveries from vendors for GST mismatch & Debit Balances.

Controlling GRIR Balances, Ensuring recoveries and System Developments:

- Preparation of reports and review of Desk Wise GRIR, circulations to Desk Heads and reversal of excess provisions & reopening of provision as per need.

- Monitoring of recoveries of Insurance claims & shortages from Transporters.

- Quarterly arrangement of NDCs from transporters.

- Yearly TDS deduction on provisions & GR/IR and subsequent review for adjustment.

- Controlling MSMED Vendor Balances.

Vendor Reconciliations & Balance Confirmations:

- Preparation of Vendor reconciliations, periodical arrangement of balance confirmations & maintenance of Tracker for future control & reporting to various desks & Users.

- Passing necessary vendor write off/write back entries after ensuring approval requirements as per DOA.

- Arranging TDS recoveries from Govt vendors/exchanges by providing necessary TDS Certificates & workings.

- Monitoring & reconciling balances of Chemical & Packing Vendors, MFS & Port Vendors.

Daily BRS reporting & Completion of Audit:

- Preparation of daily BRS & circulation to respective team for passing necessary entries.

- Arranging reverse files from banks & follow up with user for permanent resolution.

- Daily bank balances report preparation.

- Arranging Quarterly Bank confirmations for Audit purpose & closure of Audit issues relating to BRS.

- Assisting in opening of new Bank GLs, closure of unused GLs.

Monitoring of Bank Guarantees:

- Checking of all PBGs/ABGs with predefined format, validation with PO terms & Conditions & highlighting deficiencies to user.

- Arranging BG confirmation from bank & activating BG in system.

- Monitoring near to expiry BGs & arranging extension/expiration of BG after checking validation points & recovery from vendor.

Implementation of New Processes:

- Reporting and Technical Support - Periodic meetings with Desk Heads for resolution of open items and discussion on processes.

- Monthly dashboard for CFO.

- Developments of various SAP reports for better controls.

- Co-ordinating with IBM team for trouble shooting.

- Review of CRs, approval of KDD/RSA BVP and co-ordination with IBM & end user for UAT confirmation.

Books closure:

- Reclass entries in vendor for advances, current non-current reclass, and GST ITC Balances reclass.

- Preparation of audit schedules & audit of the same.

- Prepare segment reporting schedule

- Assisting in various developments in Pilog for better controls.

Vendor Master Management:

- Reviewing vendor master data, arranging necessary master controls.

- Hygiene for unused Tax codes, monitoring limit of Lower TDS Vendors, grouping of vendors in proper category, identifications of risks & gaps in current vendor master.

- Assisting in various developments in Pilog for better controls.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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