Manager | Finance Accounts

Responsibilities & Key Deliverables
• Cash Management: -
• Daily Funding, Its Utilization for Local and Import Payments

: - Obtaining of Daily Requirement of Funds, Liasioning with Corporate Finance

: - Comparison with Actual Payment on Daily basis and Control Actions
• Cash Flow Projection and Actuals for KNDV

: - Monthly projection of cash flow for Direct Material Vendor Payment, comparison with Actual on weekly basis and necessary action accordingly

: - Co-ordination with Sector Accounts or other departments
• Local Payments and Creditors :-
• Payment Activity

:- Daily Payment Processing from SAP

:- Liasioning with Banks or other departments

:- Obtain IT support in case of any issues etc
• Vendor Reconciliation

:- Quarterly reconciliation with vendors as per guidelines set by management

:- Co-ordination with various unit Accounts for effective reconciliation
• Vendor Queries relating to payments, Deduction details, TDS Certificates etc

:- Solution to vendor queries for payment or related issues

:- Co-ordination with Sourcing /Supply Chain team for smooth vendor relationships
• Payment related Issues if any and Solution thereof
• Vendor Ageing

:- Monitoring and clearing books w.r.t. clear
• Import Payments :-
• Daily Payment processing

:- Processing of Import documents (Advance/LC issuance/amendments/ direct etc.) by thoroughly checking the documents

:- Liasioning with Banks and Import Desk

:- Resolving discrepancies in documents and queries from Banks for payment execution
• Payment Entries for Auto Sector

:- Passing of payment entries for Import payments released on monthly basis

:- Adhering to the management deadlines for passing entries
• Finance Activity

:- Active involvement for financing options

:- Dealing with Corporate Finance
• Maintaining reconciliation on Import Data Processing and Monitoring System (w.r.t. BOE)

:- Follow up with Import Desk for necessary documentation
• MIS: -
• Creditors MIS (Local and Imports)
• MIS for Financial Impacts for payment
• Ad hoc requirement
• Resolving Audit queries

: - Dealing with internal and external auditors
• Management Representative for ISO Audit :-
• Maintaining ISO related information as per Audit guidelines
• Conducting periodical meetings (MRM/Steering)
• Preparation of Minutes of meetings and circulation thereof
• Maintaining of SOPs and timely updation
• Liasioning with customers (both Internal and External) for feedbacks and improvement in Satisfaction scores
• Other relevant activities as per requirement of Sector MR

Experience

3- 5yrs

Qualifications

Industry Preferred
• A/I.C.W.A.I

General Requirements