Lead - Sub Contractor Payment - Telecom/Construction Business

Lead - Sub Contractor Payment

CTC - 15 to 18 Lacs pa

Qualification - PG in Commerce/Finance. Desirable CA / ICWA

Key Accountabilities - 

- Review of adherences to various compliances relating to Sub-Contractors payments.

- Ensuring validation of documents received from circles with respect to accuracy of invoice, Certification and approvals, BG for mobilization advance, tax compliance.

- In the case of any discrepancy noted in the billing or non-compliance, follow up with the circle for the closure of the same.

- Ensure all required documents are submitted for payment & complete in all respects including reconciliation etc.

- Creation of Invoice verification (IV) against service entry received.

- Before giving the approval for final payment processing, ensure submission of performance BG, return of BG given for ROW, recovery of advances, work completion certification by EIC, other compliances as per work order.

- Ensuring the advances are knocked off in the subcontractors bills and have control on the open advances through ageing reports.

- Ensuring periodic submission of rolling cash flow for funds.

- Consolidation of circle MIS reports.

- Ensure the SLA for payment is adhered to, at various stages