Deputy General Manager/General Manager - Accounts Payable - CA/ICWA

Job Title Deputy General Manager/ General Manager - Accounts Payable

Department / Division: Finance & Accounts

External Interface

- Vendors/ Agencies

- Auditors

- Statutory/ Regulatory agencies

- Investors/ Lenders

- Banks/ Financial Institutions

Minimum Qualification: Chartered Accountant/ICWA

Minimum Experience: - 10 - 13 years of industry experience in the Accounts Payable Function with a knowledge of Direct & Indirect Taxation

Special Skills/Attributes:

- Accounts Payable Experience

- Knowledge of Accounting Standards and Systems

- Knowledge of Financial Analysis & Control Frameworks and techniques

- Budgetary Control & Cost Optimization techniques (including Funds & Cash Flow Management)

- Statutory/ Regulatory Compliance Management

Overall, Purpose/Objective :

Of the job Drive the Account Payable Function and Responsible for all operational Finance & Accounts activities for companies / project SPVs including accounts payable, receivable, statutory compliance and operations as per defined accounting norms & standards.

Key Responsibilities :

- Develop & Mange the P2P Function

- Monitor timely processing of vendor/ contractor/ supplier/ architect bills for respective projects ensuring all functional procedures are adhered (Proper Invoice, Approval, Tax Compliance, Labor Compliance, Budget etc.).

- Regular review of Vendor Master Data based for Clean Up (Vendor Merging, Pending Information Updation, Vendor Purging Policy Preparation & Implementation)

- Ensure Preparation & Circulation of several Vendor Payment MIS to various stakeholders on regular basis.

- Examining & Driving Regular Vendor Ledger Analysis & Reconciliation, Advances follow up, Balance Confirmation & Signed Off, Data Preparation for Payable Balance W/back & Advances W/off as per Company Policy.

- Driving & Ensuring Banking Compliance - Regular Bank Reconciliation, KYC, Signatory Updation/ Addition, Online Payment Facility, Balance Confirmation, Loan EMI's & Interest Payment, Renewal of FDs, BGs. MF investments and redemptions, opening of New Bank Account, Closure of Non active Bank Account etc.

- Monitoring & Ensuring Periodic Compliance related to Direct Taxes i.e. TDS/ TCS Payment, Return, Certificate, Tax Audit Report Data Preparation, Audit, Traces Default, Notice & Assessment Data Preparation, Tax V/s GL Reconciliation, 26AS Reconciliation, Lower Deduction Certificate etc.

- Monitoring & Ensuring Periodic Compliance related to Indirect Taxes i.e. GSTR-1 & GSTR-3B Data Preparation & Submission to IDT Team, Timely GST Payment & Entries in ERP, Monthly GSTR Tracker (GL V/s GSTR Portal ECL etc.), Vendor wise GST Mismatch Tracker, Data Preparation for GST Notices, Survey, Investigation, Information retrieval & submission etc.

- Controlling & Ensuring CWIP FAR Compliance i.e. New Project CWIP Reconciliation & Preparation, Providing Detail for Old FAR Records updation and submission of detail to FRC team for supporting in Audit.

- Reviewing & Ensuring MSME Vendor Compliance Certificate Collection, Tagging, Payment, Quarterly Interest Calculation & Provisioning, Submission of MSME Details to CS for Filing Return.

- Monitoring & Ensuring Timely Scanning of Invoices, Agreements, Filing, Listing, Warehousing & Database Management.

- Internal & External Stakeholder Management by having Regular Meeting, Timely Responses of Queries, Vendor Dispute Resolution etc.

- Co-ordination & Conclusion of Various Audit - Statutory, Internal, IFC, Cost Audit etc.

- Reviewing & Ensuring Controls & Automation in Period End Closing i.e. Proper Provisioning of Expenses, Timely closure of relevant ERP Module, Review of Vendor Aging, Timely Submission of Input related to Variance, BS Schedule to FRC Team, Queries Resolution, Accounting Policy & Standard Compliance etc.

- Driving Automation & Creating Productive Dashboards in Accounts Payable Function.