TRUX - Assistant Vice President/Head - Commercial

AVP - Commercial / Commercial Head

1. Revenue Recognition :

- To ensure accurate revenue recognition as per GAAP and timely closure of books as monthly closing calendar.

- To set processes for control and ensure adherence to them in all revenue/billing related transactions.

- Review and releasing revenue reports

2. Treasury and cashflow management :

- To interact with financial institutions and banks for working capital limits.

- Receivable management.

- To manage the cash flow of the business.

3. Business modelling :

- Developing and managing financial systems/models.

- Carrying out business modelling and risk assessments.

- Provide the business unit with sound financial analysis and guidance in order to grow their business profitably.

4. Financial Planning :

- Review of progress against annual operating plans with a detailed cause of change analysis

- Prepare monthly forward-looking forecasts by speaking to sales and other operational teams

- Keep a check on revenue and push the costs control agenda where revenue targets are under stress

5. Risk Mitigation :

- Monthly review of Accounts receivables with a view to placing an embargo on delinquent accounts, reviewing status with each branch head and taking remedial action.

- Review of all Vendor contracts to maximize liquidity, challenge costs by getting competing quotes & discussing alternatives with functional leads.

- Ensure Compliance to financial policy manual; continuously strive to improve internal controls.