Finance Executive

Executive - Finance

Job Objective

To ensure consistent, correct accounting and timely statutory compliance with adequate monthly and annual reporting.

1. Primary responsibilities

Functional

• Preparation of monthly cash flow with quarterly forecasts
• Review of actual monthly collections vis-à-vis target monthly collection against outstanding debtors and monthly advance/dispatch forecast collection
• Ensuring and monitoring export/import compliances i.e. EDPMS and IDPMS
• Preparation of Sales and material cost report for MIS purposes.
• Supporting statutory audits for finalisation of accounts
• Leading internal audits for timely closure with close inter-department co-ordination
• Preparation and circulation of monthly AR report to sales team before due dates
• Ensuring closure of Bank Reconciliation Statement before due dates
• Close co-ordination with shared service accounting team for correct and timely accounting
• Working knowledge of SAP

Internal process

• Timely releasing of sales order for material procurement with due checking of budgeted sales and material costs
• Close co-ordination with operations team for sales mix and checking the same with budgeted sales & material cost
• Ensuring timely closure of bank receipt entries
• Close co-ordination with bank for issuance of BGs
• Submission of LC documents to bank
• Software technology parks of India (STPI) compliances

People development

• Coordination with sales back-office teams and banks for getting BGs
• Interactions with auditors

1. Key Result Areas

• To ensure all activities as mentioned above are smoothly done with co-ordination of all the stakeholders without hampering monthly management reporting and annual reporting.

1. Key Interfaces

Internal InterfacesExternal Interfaces

• Associates from various departments
• Corporate functions
• Shared Service Department
• Government Authorities
• Statutory Auditors
• GST Auditors
• Banks

1. Competency

Technical Competency T CompassLeadership Competency L CompassCompetencyLevelCompetencyLevel Knowledge of SAP4Communication5Knowledge of GST3Innovation4Knowledge of Finalisation4Problem Solving4Knowledge of monthly closing and MIS reporting5Corporate Etiquette4 Cross Functional Team Working5 Quality and Service Orientation5 Drive for consistent results5

1. Educational and Experience Requirements

Minimum Requirement Desired Level of EducationB ComM Com/MBA/Inter CAExperience3+ years5+ years
Prepared ByVishnu KarmarkarDate SignatureReviewed ByTatoba HasbeDate Signature