My Eco Energy - General Manager - Accounts

Objective of Role: To Head the accounts team of MEE and responsible for setting the best practices for Accounts function and ensuring that the same is implemented.

Job Description :

- Responsible for setting accounting policies and procedures for MEE and communicates the same to everyone in the company who handles transactional role.

- To ensure that there are enough checks and balances in place in operational accounting systems followed in the company for transparency, accountability and accuracy in the system.

- To lay down policies for maintenance of books of accounts and procedures nd guidelines for preparation of vouchers and registers.

- As GM Accounts, the accountability of data integrity and accuracy of the data entered in the system or books of accounts lies with him. Hence to ensure a random internal audit system in place to check the transaction process.

- To closely co-ordinate with the banks to ensure that CIL gets the best deals with respect to various services availed from the bank.

- To develop accounting and commercial delegation of authority for the company as this is a critical control point to avoid internal frauds.

- To confer with commercial head to develop policies for the debtor accounting system for ensuring company follows the overall working capital policy and to ensure optimal receivable days.

- To ensure that the accounts team work in close coordination with the tax team to facilitate the optimum tax outflow to the government.

- To do Sales and Purchase analysis, track the trends, analyze the payment/collection patterns and inform the management in case of striking variations with that of the trends.

- To ensure that books of accounts finalized in due date for the filling of returns and announcements of quarterly and annual results.

- To facilitate and coordinate with the external auditors in the annual statutory audit process.

- To ensure standardization across regions and processes for accounts function to facilitate smooth transition of the company in the growth phase.

- To facilitate system integration of different accounting processes in case of merger and acquisition.

- To maintain good relationship with external bodies like banks, regulators, auditors and external consultants for smooth functioning of the accounts department.

- To keep oneself update with the updation of accounting and finance laws and make necessary changes in the accounting system of the company.

- To design internal SLAs and ensure adherence of the same. This shall entail to accountability and responsibility in place in accounts team.

- Responsible for follow-up and closure of outstanding issues in the reconciliations

- To ensure compliance with all mandatory/voluntary accounting standard as per ICAI or any authorized statutory body.

- To ensure compliance with Companies Act, FEMA and all other applicable corporate laws.

- Responsible for initiating best practices in accounts department like preparation of Accounting manual, manual related cost control and imparting training to Executive, Accounts to ensure preparation of books of accounts as per Accounting Standards prescribed by ICAI and Company Law notification & Circulars and accounting as per US GAAP if required

- Responsible for implementing changes in the Accounting Systems to serve the dynamic needs of the management

- To conduct internal monthly meeting to discuss all queries related to the accounts function and clear all pending issues.

- To conduct training programs for the accounts team at regular intervals for updates in Acts and implementing industry best practices.