Basic Function
Responsibilities include reconciling account balances and bank statements, maintaining general ledger and preparing month-end close procedures.
Responsible to produce error free accounting reports.
Overseeing the daily activities of finance department.
Responsible for the Accuracy of the financial data presented to the board.
Key Responsibility Areas (KRAs)
Ensuring correctness, completeness of all accounting and tax records/filings.
Scrutiny of General Ledgers, accounts payable and accounts receivable.
Record accounts payable and accounts receivable, allocation of payments against invoices.
Verify invoices for sales or services rendered.
Perform account reconciliations.
Preparation of monthly MIS & other various financial reports.
Monitor customer account details for non-payments, delayed payments and other irregularities.
Assist with month-end closing.
Collect data and prepare monthly metrics.
Reconciling creditor's & debtor's accounts on monthly basis.
Daily Bank Reconciliation.
Processing vendor payments as per the payment cycle.
Ensuring proper handling of cash vouchers.
Maintenance of fixed asset register and ensuring that all fixed assets are tagged with Fixed Asset code assigned.
Ensuring adequate insurance cover of inventory of raw materials and finished goods and fixed assets at all times.
Ensuring compliance with Income Tax rules (including TDS rules) and GST law.
GST Filing and Input credit reconciliation with GSTR 2A, Documentation relevant to GST Compliance viz: Tax invoice format, e-way bill, debit notes/credit notes, etc.