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