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Job Description
Financial
- Provide inputs to the Head Financial Planning & Budgeting in the preparation of the budget for the region in accordance with the business targets and objectives for the particular region
- Ensure adherence of all activities / operations in the region to the defined budget and highlight deviations, if any, to the Head Accounts and Corporate Controller and the senior management
- Responsible for supporting region profitability; Also responsible for driving region wide cost optimization strategies and initiatives
- Lead and manage the entire regional financial planning, budgeting, accounting, accounts payable / receivable and cash management activities of the region which includes
- Monthly Financial Statements reporting
- Annual Budgeting for the region
- Periodic reporting of financial statements for region (as requested by HO)
- Collection of TDS certificates
- Invoicing and Billing
- Accounts Payables
- Accounts Receivable and cash reconciliation
- Updation into Web DCR and tracking of DHL Counter collections with closure of all exceptions/reconciliations
- Renewals of contracts (i.e. AMC contracts, etc.)
- Ensure compliance to all standard operating procedures (SOPs) and standard accounting practices as defined by the Head Accounts & Corporate Controller in all financial transactions
- Ensure necessary support is provided for implementation of the Financial ERP system in the region
- Ensure timely and accurate recording of various accounting transactions in the region as per the applicable statutory / regulatory requirements and internal guidelines
- Ensure timely generation and consolidation of books of accounts in the prescribed format
- Oversee the process of creation of CMF for clients in the region and timely generation of invoices corresponding to these clients on a monthly basis
- Ensure Revenue Assurance with robust revenue controls checks and balances; Ensure the adherence of payment rates charged as per the CMF and in accordance with the contract parameters with clients
- Monitor payments and collections from customers on a regular basis
- Oversee banking of all local cheques and account reconciliation at regular intervals
- Ensure adequacy of deposits/Bank Guarantees of agents for FCCs, RSPs, Consolidators, ESA and Octroi in the region
- Oversee verification of all regional vendor invoices to ensure adherence to contractual terms; Also ensure verification of all invoices in the region for appropriate taxation like VAT, service tax etc.
- Responsible for ensuring coordination for vendor payments with central Accounts Payable team and ensuring timely disbursements to vendors
- Drive Accounts and Cash Receivables related targets in the region in terms of receivables in excess of 60/ 90/ 150 days, Logic Remittance target, Day Sales Outstanding target, FOD/DOD/COD/octroi collections, Month end outstanding, Custom duty outstanding, etc.
- Support in processing of salaries for employees in the region by ensuring accurate receipt of C-form and other details from the various centers in the region
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- Support in the processing of full and final settlements at the time of separation of employees
- Monitor the fixed asset accounting process in the region and ensure capitalization and ascribing and accurate monetization of assets in the region
- Liaise with government authorities and other agencies for effective management of regulatory concerns and matters; ensure adherence of all financial operations in the region to statutory requirements
- Support the conduct of statutory audits and quarterly / annual audits in the region by ensuring maintenance of all records and documentation as per audit requirements
- Oversee the periodic preparation of reports in the prescribed format on the financial performance of the region to be submitted to the corporate team
- Provide necessary support (as required) for regional procurement (including procurement of real estate)
- Ensure all legal issues pertaining to the region and appropriately handled in consultation with the Legal Department
- Provide direction, guidance and support to regional employees to help them discharge their duties effectively
- Monitor the performance of the team on a continuous basis to identify key performers
- Ensure that the team is adequately staffed as per business requirements
- Ensure timely goal setting, monitoring, review of performance parameters and feedback to team members
- Mentor and coach subordinates to develop their capabilities and build a strong succession pipeline for the role
Skills
Account ReconciliationAccountingAccountsAccounts PayablesBudgetingSalesAccounts PayableAccounts ReceivableAsset AccountingCash ManagementCollectionsFinancial OperationsFinancial StatementsErpInvoicing And BillingFixed Asset AccountingInvoicingPayablesReconciliationsTransactionsVendor InvoicesVendor PaymentsBillingCashReconciliationCaIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Important dates & deadlines?
Application Deadline
21 Jun 25, 12:29 PM IST
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