Business Unit : Finance & Accounts

Title/Grade : Sr. Manager / M4

Experience : Minimum 5 years in AP/AR and capable of handling team of above 15 persons.

Qualification :CA with 8-10 years

Job Description :

1. Accounts Receivable

1.1.Generation of sales invoices on due dates

1.2.Co-ordinate with operations team to get the data on time for processing the invoices.

1.3.Revenue Assurance

1.4.Submission of Monthly reports to Taxation team for GST and other statutory compliances

1.5.Should be strong in understanding contract and SLA terms with Customer

1.6.Publishing outstanding reports at regular intervals

1.7.Monitoring with collection team effectively to reduce the average collection period.

1.8.Accounting of Invoices, Receipts and Credit/Debit Notes and monthly closure of accounts

1.9.Co-ordinate with collection team and customers to obtain details for open credits.

1.10.Reconciliation of Customer accounts at regular intervals and obtain confirmation of balance from customers.

1.11.Identify and analyze the penalty and other deductions made by customer and escalate to appropriate level for reduction or refund of the same.

2. Accounts Payable

2.1. Allocation of Budget for Projects in ERP and controlling of cost

2.2.Release of Master Contracts/Purchase orders in ERP

2.3.Monitoring the Goods/Service receipt entries in ERP and follow up with operations team for parking of Invoices against GR/SR

2.4.Processing of Vendor Invoices as per the agreed TAT

2.5.Processing of Payments to the vendors on due date

2.6.Issuance of payment advices to the vendors

2.7.Co-ordinate with Procurement & Operations Team in monitoring the SLA terms with vendor and charging penalty if SLA terms are not met by the vendors as per agreements.

2.8.Periodic Vendor Reconciliation and obtaining confirmation of balance from all Vendors

2.9.Addressing to Vendor grievances if any

3.MIS : 

3.1.Monthly project wise profitability reports

3.2.Return on Capital Employed for the Business Unit

3.3.Comparison of business assumptions and actual cost

3.4.Transaction Analysis report

3.5.Monthly cash flow report for Business Unit

3.6.Debtors and Creditors ageing report

3.7.Revenue and Profitability Projections

4.Working Capital Management

4.1.Ensuing that the business unit runs on self-sustained mode.

4.2.Collections and Payments needs to be aligned

4.3.Forecasting Vendor Payments based on due date and requesting Treasury team for allocation of funds

4.4.Transfer of collections to cash credit accounts on time

5.Statutory Compliances : 

5.1.Submission of Monthly reports to Taxation team for GST (Input Register, Output Register etc)

5.2.TDS on vendor payments and other statutory compliances

5.3.Reconciliation of Form 26AS with TDS deductions made by Customers

5.4.GST input credit register and maintenance of documents for availing input credit.

6.Others : 

6.1.Focus on process improvements and bringing in proper controls & measures

6.2.Ensuring that there is no revenue leakage in the system

6.3.Explore new avenues for cost reduction

6.4.Belief in Team Building and strong skill set in motivating and energizing the Team

6.5.Develop and Maintain relationships with other internal/outside stakeholders

6.6.Co-ordinate with Internal & Statutory Auditors

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