Deputy General Manager Of Finance (CA)

Accounts Payable -

• Processing of Non PO based commitments and coordination with cross functional teams for ensuring timely payment to vendor (e.g. RoW payments, Govt payments like PGVCL (Electricity related), special payment on recommendation of CAD, Fees to any legal firm/ Arbitrator, Chartered Engineer Valuer fees etc.
• Compilation of data for adhoc advance / early payment request received from user for management approval
• QSD verification of non-technical bills (e.g. manpower supply, AMC for Admin/ IT jobs, CMC related transport etc.) to ensure claims made by contractor are as per WO terms and condition.
• Ensure accounting of owners provided material (FIM Consumption booking) issued along with RA/final bill as per certified consumption statement shared by site team
• Preparation of recovery working as per recommendation of site team/Other departments for RA bill/ Final Bill. Obtaining Credit Note from Contractor and validation for accounting
• Contracts closure after receipt of required Contract Closure document
• Support / coordination with Central ICS Team for timely transfer of required material to meet project exigency
• GST reconciliation - resolving issues to facilitate GST ITC credit e.g. Material received but GRN not made
• Preparation of vendor ledger for management review and forward action (issuing contractual letter) as and when required e.g. Vendor not responding/ not available at site, legal dispute, Arbitration etc.
• Periodic MIS - e.g. Vendor Payment Status, Contract Closure Status
• Checking and forwarding contractor request for release of retention as per contract terms

Process Validation –

• To ensure tax neu
• Validation of Approval notes (NFA), LOIs for certain cases where WO/ PO issuance is pendingtral transaction for any commitment of Services or Materal Supply
• Ensure usage of proper Account Assignments (Like WBS, CC, FC, Plant etc in service and supply Contract)
• Validation of QCS (Quotation Comparison Statement) , ICE (Internal Cost Estimates) for material and service PO, SCC (Special Condition of Contract), GCC (General Condition of Contract), Deviation approvals, award on nomination basis etc. as per the approved check list

Project Capitalisation & Cost Accounting –

• Creation of Project Definition in SAP for JI (Job Identifier) created by Project Team
• Creation of initial WBS and detailed WBS on Engineering Drawing of Project to see that cost is booked under correct cost element
• TB (Trial Balance) scrutiny and daily monitoring of material movement
• Monitoring of WBS wise material consumption booking of Owners Provided Material -FIM (Free Issue Material) as per Contractor Bill (Running Account Bill and Final Bill)
• Common cost allocation and WBS settlement at month end. Transfer of cost to CWIP.

MIS, Insurance and Compliances –

• Periodic MIS for payments, spent, compliance and RoW status
• Coordination with central Insurance cell for coverage and claim management
• Incentive related activitie
• Ensuring monitoring and end to end compliance icnluding the export / import benefits for new energy/solar business (e.g. Import of material under MOOWR)