Role & responsibilities

1. Banking, CMS & Payment Operations

- Review and monitor online collections, offline collections, card collections, and CMS-related MIS reports.
- Ensure timely fund sweep and transfer of collections to corporate bank accounts.
- Coordinate with collection channel partners and banks for operational issues and timely credit of collections.
- Monitor SAP payment processing and bank payments.
- Review expected collection and payment reports and ensure timely execution of payments.
- Strengthen controls around payment processing and banking operations.

2. Management Information System (MIS) & Reporting

- Monitor collection efficiency for Bhiwandi and SMK operations.
- Prepare and review critical financial and operational MIS reports including:
- T&D; Loss Reports

- Corporate Reports
- Revenue-related Daily and Monthly Reports

- Critical Performance Parameter Reports

- Energy Audit Reports
- Open Item Analysis Reports (RECC, FUSI, REGI, MTTE, etc.)
- Revenue, Collection, Payment and Debtors Reconciliation Reports
- HT MIS vs SAP Reconciliation Reports
- DRM Data Compilation and Review
- Review reports prepared by team members and ensure accuracy and timely submission.
- Prepare Board and Corporate Management Reports.

3. Reconciliation Management

- Review and validate customer collection data and bank data.
- Ensure timely completion of bank reconciliations and SMK reconciliations.
- Identify exceptions and coordinate with stakeholders for resolution.
- Implement controls to minimize reconciliation differences and ageing items.

4. Compliance & Financial Controls

- Review KPI data and monitor cash payment controls.
- Review TDS postings declared by consumers through relevant portals.
- Ensure timely accounting of TDS-related outstanding bills and statutory compliance requirements.
- Assist in investigation and resolution of fraud-related cases and other control exceptions.
- Handle incoming correspondence and regulatory communications.
- Strengthen compliance processes and internal controls.

5. Audit Coordination





- Manage requirements of Internal, Statutory and Other Auditors.
- Arrange bank confirmations, cash confirmations, certificates, reconciliations, and CMS-related information.
- Ensure timely submission of audit schedules and supporting documents.
- Coordinate closure of audit observations within defined timelines.
- Provide explanations and supporting documentation for auditor queries.

6. Business Excellence & Process Improvement

- Develop and automate MIS and reconciliation reports.

- Lead initiatives for
- Revenue, Collection and Debtors Reconciliation between SAP and HT MIS.
- Debtors Error Reporting and Analytics.
- Enhancement of BI Reports based on business requirements.
- Digital payment adoption initiatives in coordination with Customer Service and other departments.
- Improvement of collection efficiency monitoring mechanisms.
- Drive continuous process improvement and automation opportunities.

7. Team Management & Leadership

- Lead and mentor finance team members.
- Provide regular performance feedback and training.
- Ensure proper allocation of responsibilities and achievement of departmental objectives.
- Build a culture of accountability, compliance, and continuous improvement.

Desired Skills & Competencies

- Strong knowledge of Banking Operations, CMS, Fund Management and Payment Processes.
- Sound understanding of SAP Finance modules.
- Expertise in Financial MIS, Analytics and Dashboard Reporting.
- Robust reconciliation and financial control capabilities.
- Working knowledge of statutory compliances, TDS and audit requirements.
- Advanced Excel and data analysis skills.
- Strong stakeholder management and communication skills.
- Problem-solving mindset with attention to detail.
- Ability to manage multiple priorities within strict timelines.

Preferred candidate profile

- Chartered Accountant (CA) or Inter CA
- Minimum 8 years of relevant experience in finance, banking operations, MIS, reconciliation, audit, and compliance functions.
- Experience in power, utility, infrastructure, manufacturing, or large corporate environments will be preferred.

📌 Assistant Manager - Finance Operations & MIS (Bhiwandi)
🏢 Torrent Power
📍 Bhiwandi