Job Description

Job description

- Complete Sales accounting & order processing as per SOP.
- Handle all types of Vendor & Statutory payment validation, creating provisions and payment processing on time.
- Manage all Bank, Cash and Stock reconciliations on time.
- SAP GL scrutiny regularly and accuracy in accounting entries.
- Provide Tax support to HO Taxation as and when needed.
- Ensure reconciliation of TDS, C & F Forms and timely follow up.
- Provide support in GST Implementation and timely transition.

Credit and Risk Management

- Strict implementation of approved Credit Risk Mgt Policy.
- Co-ordinate with Sales team for timely collection of payment, recovery against Cheque returns and improve E- banking.
- Ageing analysis and follow-up with sales team for recovery.
- Drive quarterly Balance & No Claim Confirmation process.
- Ensure > 90 days Overdues are tracked and resolved with Sales.
- Market visits for critical and high risk cases and report gaps.

Audit & Compliance

- Ensure compliance of all process & policies for operational efficiency across all functions and eliminate all Risk observations.
- Facilitate Internal/ External Audit function and implement comprehensive audit programs on an ongoing basis.
- Involve in correct Revenue recognition process and report gaps.
- Strict Implementation of various auditing procedures in line with the standard Auditing and Accounting procedures.
- Facilitate standard procedures for tax and internal audit.

Pricing & Scheme Management

- Keep track of the approved Schemes allocated to Dealers.




- Coordinate with HO teams to ensure the approved schemes are issued within 30 days of allocation and credited to parties.
- Clear pending Cash discount claims is as per policy guidelines.
- Keep track of the Quarterly tie ups and validation support to HO.
- Ensure there is no VERBAL schemes in market and report gaps.
- Identify unapproved claims from quarterly confirmation process.

Regional Operational Efficiency & Manpower Development

- Drive strong Internal controls and profitability concept in Region.
- Ensure that all Govt. regulations and requirements are disseminated to appropriate personnel and consultants.
- Deliver business objectives as per guidelines & standards given.
- Provide support in bringing cross functional efficiency.
- Responsible for branch documentation and Asset management.
- Provide support in record keeping as per guidelines given.

Reporting and MIS

- Prepare desired internal reporting and operating systems within the Commercial & Accounts function to facilitate timely action and decision making.
- Timely reporting as per regulatory and legal requirements including Taxation, Accounts, Audit and other financial activities.




- Support in creating robust Decision Support System for monthly review with HO Commercial and Sales Managers as defined.
- Branch level various reports for Credit, Commercial, Sales trends, Variances, Scheme trends and identification of high risk areas.

Planning, Budgeting and Control

- Involve in detailed annual budget and cash flow forecast.
- Involve in Budgeting and Forecasting process and highlight variances against budgets so as to assist in decision making.
- Implementation of best practices of budgeting processes.
- Manage budgetary control, close monitoring of expenditure and conduct key GAP Analysis & root cause reasons for correction.
- Deep Analysis of financial statements & action plan formulation.

Primary Interface- External Source

Purpose

External Customers

- Government Representatives, Agencies & Regulatory Bodies.
- Sales and Marketing Head for Sales Forecasting.
- Manufacturing Head for Production Planning and Control
- Department of Income Tax, Sales Tax and Customs .
- Audit Agencies, Tax Consultants and Banking teams.

Primary Interface- Internal

Internal

- Sales and Marketing Business Managers (Domestic )
- Logistics and Service Teams ( Domestic )

Qualification and Experience

Minimum Qualification

- CA Inter or ICWA / MBA / M. Com / B. Com

Minimum Experience

- 4-6 Years

Relevant/Additional Experience

- Functional knowledge of all aspects of Finance and Accounts.
- SAP knowledge of FICO, MM and Sales Distribution module.
- Exposure to Credit & Risk Mgt tools and strategies.

📌 Assistant Manager (Lucknow)
🏢 Luminous Power Technologies
📍 Lucknow