To provide finance support to project team and business development team in achieving overall organisation objective
Strategic Roles & Responsibilities
Financial Reporting:
a) Timely closure of books in compliance with financial accounting standard and group practice;
b) Maintaining book hygine such that all financial indicators are within reasonable range
c) Coordinating Statutory and Internal Audits and Audited Accounts and providing details and explanation requested by the Auditor d) Preparation of presentation to CFO for periodical reports
e) Consolidate and prepare provisions and other information received from various departments for book closure activities
f) Scrutini of all ledger accounts and ensure required correction required in order to meet financial reporting requirement
Statutory Compliances:
Ensure timely submission of various returns under income tax, GST, FEMA and other laws with least cash exposure
a.
Direct Tax and Indirect Tax compliance for domestic and foreign Invoices,
b. SEZ compliances for Invoices and other F&A; related compliances
c. Timely payment of TDS and other statutory payments
d. Ensure timely clearance of pending GST reco on both sides ( vendor not deposited / vendor deposited but invoice not booked)
Cash flow management:
a) Preparation of short term cash flow forecast with high accuracy in cordination of various functions
b) Reviewing BG and LC terms;
c) Co-ordinate with treasury team for LC opening, arranging buyers' credit, suppliers credit
d) Ensure Timely Payment to Vendor
Accounts Payable
a) Prepare weekly, monthly reports on accounts payable, statuory payables and take corrective action on exceptional items
b) Ensure timely payment of MSME vendors
c) Coordinate with project team, Abex team, treasury team for timely payment to vendors
d) Ensure proper adjustment of advance, retention money against the invoice