- Liaison with Global teams and corporate treasury for External Commercial Borrowings
- Interactions with paneled banks and setting up credit limits, Project loans for upcoming projects.
- Complying with ECB requirement as per RBI guidelines
- Ensuring filing of monthly ECB2 returns with RBI.
- Use of hedging instruments to mitigate currency risk and maintenance of complete hedging documentations.
- Accountable for correct accounting of business hedges along-with MTM.
- Responsible for Bank Reconciliation on a monthly basis for all banks.
- Responsible for reviewing Bank Charges & ensuring their booking in SAP.
Statutory & Internal Audit:
- Liaison with Auditors and Financial controlling team for smooth Statutory Audit
- End to end clearance for Bank reconciliations, Statements, confirmations, hedge accounting etc.
- Resolving audit queries/issues with supporting documentation & processes.
Accounts Payable Reviews and Controls
- Monitoring & Checking of T&E; (Employees & 3P)
- Monitoring part of accounts payables & business partnering with other function.
- Processing of Monthly Statutory Dues payments with accuracy and on time:
- Advance/self-assessment/regular Income tax,
- Income tax appeal fees or demand as per assessment orders
- Custom duty
- TDS/TCS,
- EPFO, LWF, Skilled Tax,
- GST & any Demand/Assessment Payments of VAT/CST etc.
- Monthly Review & Monitoring of Vendors 3P Employees & others.
- Monitoring of Inter-company balances and ensure all supportings available for cross-charges.
- Leading Insurance for organization, coordination with Vendor/Insurer/Cross functionally.
Vendor and master data Management:
- Responsible for periodic review of SOPs for New Vendor creation
- Analyzing new vendor creation/change request to check the merit of request.
- Vendor Creation/Modification through e-forms/SIM Forms.
- Bank Master creation/modification through e-forms.
- Cost allocation cycle review and maintenance.
- Cost Centre and GL account review/creation/modification through E-forms.
- Co-ordinate with Global reporting team for any GL, cost centre and cost allocation cycle creation/Modification.
- Monitoring non active/dormant vendors & getting them blocked/Unblocked.
Tax Deducted at Source /Tax Collected at Source:
- Responsible for Pan India Correct & timely computation as well as payment of TDS/TCS liability
- Responsible for correcting& timely filing of Quarterly TDS Returns.
- Responsible for filing revised TDS Returns and correction statements.
- Responsible for replying to TDS/ TCS related notices/query from Revenue Authorities
- Issuance of Form 16A to Vendors on quarterly basis & addressing queries on the same.