KEY RESPONSIBITILES: Revenue Accounting and Receivable management
Desirable individual must manage Customer billing and receivable management.
Daily Revenue logins with correct documentation as per Co. policy
Daily Collection Accounting
Collection follow-up with Ops team and agencies/ clients.
Review of Event wise Profit and Loss Accounts
Sending invoices, reminders letter and balance confirmation to Clients
Customer account reconciliation.
Revenue recognition as per AS.
Cost and Payables management
Booking of Cost and Processing of vendor bills as per TAT.
Follow standard operating process on vendor payment.
Adherence to Material management process like Purchase Order and Good Receipt Note.
Upload of correct Music logs in system in time, for royalty calculation and timely payment of royalty to Music companies.
Review of Creditors, provisions, etc. with business team.
Vendor account reconciliation.
MIS
Ensuring monthly closure of financials activities,
as per closing calendar timeline. Preparation and review of station (branch) Profit and Loss Budget vs. Actual and YOY variance report with reasons Event activity wise revenue and cost tracking
Internal Controls and Audit
Periodic review of operations and discussion with respective functional heads for audit requirements
Control on station compliance.
Others
~ Ensuring periodic physical verification of fixed assets at Station is done along with other stakeholders. Valuable working knowledge of MS Excel and ERP – SAP R3 is essential