Plant Accountant Manager - Tyre Firm - CA/ICWA

Opening in Chennai for Plant Accountant-Manager role in one of the leading Tyre Company

Role Plant financial accountant

Position Title Manager - Accounts (Accounts Payable)

Department Finance

Level / Grade M2

Reporting To: GM - Plant Finance

KEY PERFORMANCE AREAS :

- Verification of all bills, invoices and vouchers received for compliance to company's policies and contract terms and conditions

- Payments are processed as per the TAT defined for payment processing

- Accuracy of Booking of accounts payable transactions as per company's policies and accounting standards

- Documentation related to Accounts Payable

- Minimum non conformities raised in an audit

- Payment of statutory dues without any penalties

- Petty cash management

KEY ACTIVITIES & RESPONSIBILITIES :

Bill Passing & Accounts Payable :

- Review every bill and invoice received from vendors and contractor to verify required approvals have been obtained, 100% adherence to company's payment policies and terms and conditions of the contracts agreed with the vendors.

- Review all vouchers received from internal employees at the plant to ensure these adhere to the company's policies and level entitlements for the employee and have been duly approved

- Ensure that all required processes for approval of bills is followed and follow up with concerned managers where required

- Leverage on opportunities to save cost eg. Availing discounts for payments made within discount period, etc.

- Process payments as per the TAT defined for respective payments with zero delays

- Release all vendor payments as per the agreement with the vendors and contractors as per agreed timelines

- Interact directly with vendors and contractors to get clarifications, provide updates, etc.

Documentation :

- Maintain up to date records of all bills, invoices and vouchers received along with any supporting documents provided

- Maintain up to date copies of all contracts and agreements with vendors and contractors

- In case of electronic transfers, ensure all documentation to enable the same is completed in time

- In case of payments to vendors and contractors, ensure that appropriate vendor registration formalities have been completed

- Where such formalities are not up to date, coordinate with the respective department to get the same completed from their vendors

Accounting & Reporting :

- Post all payment transactions to journals, ledger and other records following defined accounting standards

JOB DESCRIPTION :

- Reconcile account payable transactions

- Prepare MIS for accounts payable as required for analysis of all payments made and generate monthly reports

- Assist with month end closing

- Provide required documentation for audits and respond to queries raised by auditors

Education and Experience Required

Education:

- CA(1st,2nd and 3rd Attempts candidate) or ICWA 1st attempt

Experience:

- Min. 4 - 6 years of experience general accounting and preferably exposure in handling accounts payable