Job Purpose:

Lead Digital Transformation initiatives and Raw Material Accounting

Job Purpose:

Ensuring 100% accuracy in

1. - RM Accounting
2. - RM Inventory Valuation
3. - RM Consumption booking in P&L;
4. - Vendor Balance Reconciliations
5. - Vendor TDS/TCS Reconciliation
6. - IT Automation implementation

Job Context:

- Day to day Bill passing for imported as well as domestic material procurements
- Vendor Balance maintenance as well as reconciliation
- Advising for domestic vendor payments as per PO terms
- TDS/TCS reconciliation with Vendors
- Maintaining list of Raw Material-in-transit statement
- Coordination in Month-end activities to ensure 100% accuracy in consumption booking and inventory valuation.
- Creation of month end RM Acceptance, Advance and Liability statements
- Coordination with Import CHA/Transporter/Godown Team to ensure timely clearance of import shipments without incurring any detention/demurrage




- Implementation of IT automation initiative, primarily AP Solutions
- Coordination with various stakeholders viz. MIS Team/RM Godown/F&A;/IT/Statutory Auditors
- Miscellaneous

Accountability

Supporting Actions

RM Accounting

Day-to-Day bill passing of incoming RM

Clearing GL Accounts

Clearing Vendor Accounts

TDS/TCS Reconciliations

Timely payments to Vendors

MIS Reporting

RM Inventory Statement

RM Consumption Statement

RM Monthly Financials

RM Ageing

RM Advance & Liabilities

RM Acceptances

Import Documents

Coordination with CHA & Transporter

Checking of Import Checklists

DEPB Reconciliation

Audits

Submitting necessary documents to the Auditors as and when required.?????

📌 Front Line Officer - Raw Material Accounting (India)
🏢 Financial services
📍 India