Responsible for managing day-to-day Finance & Accounts operations, including Accounts Payable, Vendor Payments, Banking Operations, Reconciliation, Cash Management and Audit Documentation.
Key Responsibilities
1. Accounts Payable & Vendor Management
- Manage domestic and import vendor payments.
- Verify and process contractor wage bills and service bills.
- Prepare and review vendor ageing reports.
- Handle vendor debit balance reporting and vendor reconciliation.
- Monitor and adjust vendor advances.
- Handle M1 Exchange transactions and Hundi preparation.
- Prepare and upload payment files through bank portals.
2. Banking Operations
- Handle bank reconciliation, RTGS, remittances and fund transfers.
- Manage Bank Guarantee (BG) and Letter of Credit (LC) applications and renewals.
- Coordinate with banks for day-to-day banking transactions.
3. Cash & Advance Management
- Manage cash transactions and domestic/forex card and currency transactions.
- Monitor employee advances, settlements and tracking reports.
4. Audit & Reporting
- Prepare audit annexures, financial statements and supporting documentation.
- Coordinate with internal and statutory auditors.
- Ensure compliance with internal financial controls and company policies.
Educational Qualification
MBA (Finance) / CA Inter or equivalent.
Required Skills & Competencies
- Robust knowledge of Accounts Payable and Banking Operations.
- Expertise in vendor payments, reconciliation, BG/LC and RTGS.
- Working knowledge of SAP FICO / ERP systems.
- Good command of MS Excel and financial reporting.
- Strong analytical, coordination and problem-solving skills.
Preferred Industry
Automotive, Auto Components, Engineering or Manufacturing industries.
Overall Experience: 16 to 18Years in Finance & Accounts.