Associate Manager - Accounts

JOB PURPOSE

This position is for overall accounts and finance function of EV Charging and other Renewable Energy Business of the Group.

In addition to above, to support to Power Trading Business (M/s. GMR Energy Trading Limited) in day to day working, monthly accounts closing and reporting, quarterly and annual audits and reviews including preparation of AOP and other details required by the management.

ORGANISATION CHART

KEY ACCOUNTABILITIES

Monthly closure of Books of Accounts Preparation of Revenue Tracker, Reconciliation of App/Wallet/Other Collection mode with bank statements, Posting sales entries in SAP & raising sales invoices to the customers, Monthly expense provisioning, Inter-company balance reconciliations, Treasury run, interest booking, loan creation etc. , Reconciliation of Vendors ledgers & Customer ledgers, Vendor ledger and Customer ledger open line item clearing on daily/weekly basis. Ensure timely and accurately monthly closing of books of accounts, consisting of all the activities including provisions, accruals, depreciation run, treasury run etc.

Obtaining of all bank balances and loan balances confirmation from all the banks and other parties. Obtaining of vendor and customer balance confirmation from all the vendors and customers.

Monthly MIS Preparation of monthly MIS (P/L and B/S analysis) for circulation to management, Revenue analysis, Variance analysis, Charger wise profitability analysis, chargers capacity utilization analysis and other details/reports as required by the management.

Preparation of data for Quarterly/Half yearly/AOP reviews and other management requirements.

Preparation of other workings, details, templates as per the requirements of the Sector / Group / Management.

Preparation of Financial Statement and Auditing of the same Co-ordination with SSC and finalization of quarterly/annual financial statements of the Company along with notes to accounts and schedules. Preparation of all the audit workings, providing of details / documents to statutory/internal auditor for quarterly/annual audit and to ensure smooth closure of the respective audits.

Statutory Compliances Liaising with Indirect Tax team for payment of GST liabilities and providing data for preparation of relevant GST Returns and ensure compliances within due date and GST applicability w. r. to different business scenario.

Liaising with Direct tax team for preparation of TDS workings/reconciliations, payment of TDS on monthly basis and applicability of TDS rates, preparation and filing of TDS return on quarterly basis, TDS certificates generation and issuance to parties. preparation and finalization of Income Tax Returns

AOP Preparation of Annual Operating Plan (AOP) and Variance analysis of Actuals Vs AOP on quarterly/half yearly/annual basis.

Asset Capitalization Support in asset capitalization (EV Chargers) and maintaining of Fixed Asset Register, monthly depreciation run etc.

KEY ACCOUNTABILITIES - Additional Details

Payments Timely & accurate payments on daily/periodic basis (Vendor payments, Group Company Fund Transfers, TDS payments, GST payments, Other Statutory payments like PF, NPS, SA, PT and other payments in line with business requirements and management directions.

Reporting of daily fund position, preparation of weekly/monthly payment and receipts tracker, preparation of bank guarantees/LCs, co-ordination with Banks.

Entries in SAP Booking/posting of expenses/liabilities in SAP and posting payment entries/JVs in SAP and Inter-company reconciliation on daily/weekly basis. Thorough scrutiny and analysis of all vendor and customer GLs, Bank GLs, liabilities booked, expenses incurred, payments made etc. on monthly basis.

Review of details in Statiq App/Rezorpay App/Other Apps as and when introduced by the Company and highlighting discrepancies, if any, to business team. Posting of customer collection entries, creation of Customer and Vendor codes, SAP automation including implementation of SD module.

Statutory Audit, IFCR Audit, Internal Audit, Tax Audit to provide workings, supporting documents, all banks Balance confirmations, loan statements, treasury reports etc. required for statutory audits, internal audits, IFCR audits, Tax audits.

Others Vendor extension, TDS tagging/attach, GL Auto tick removal, vendor modification, creation of new GLs as and when required, Other works as per the management requirements.

Support to Power Trading Business (M/s. GMR Energy Trading Limited) in day to day working, monthly accounts closing and reporting, quarterly and annual audits and reviews including preparation of AOP and other details required by the management.

AOP Vs Actuals analysis of expenses / liabilities.

Key Performance Indicators: Accurate and timely completion of all the activities to ensure timely monthly and quarterly books closing and Financial Statement preparation as per Sector / Corporate timelines / guidelines. Compliance with Statutory requirements. Timely MIS reporting. Timely closure of statutory and internal audits on quarterly basis.

EXTERNAL INTERACTIONS

External -

Interaction with Customers, Vendors, Investors, Banks, Auditors etc.

INTERNAL INTERACTIONS

Internal -

Interaction with Business development and Commercial team.

Interaction with SAP team for Assets Capitalization, process improvement and implementation.

Interaction with Management Assurance Group for internal audit related issues.

Interaction with Compliance team for Legal, Indirect taxes, Direct taxes and other related issues.

FINANCIAL DIMENSIONS

• Total receipts amount of up to INR 200 Crores annually, on full-fledged operations of the Company.
• Fixed Assets of up to INR 500 Crores, on full-fledged operations of the Company.
• Average debtors up to INR 50Crore at each month end.

OTHER DIMENSIONS

• Handling of up to INR 500 Crores of Assets and up to INR 200 Crores of Revenue.

EDUCATION QUALIFICATIONS

• CA
• Knowledge of SAP
• Proficiency in MS Office
• Good communication skill and understanding

RELEVANT EXPERIENCE

• CA with post qualification relevant experience of 5-6 yrs

COMPETENCIES