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Assistant Manager - Commercial Finance
OTT HydroMet
posted 1mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- Strengthening the commercial finance function being currently done in India and documenting standard processes in line with global accounting policy and best practices
- Accountable for all accounting activities in India relating to commercial finance, including AR close, balance sheet and Statutory Accounting/Reporting, service accounting this includes Credit mgmt., collections and Revenue recognition.
- Revenue accounting, service accounting and recognition of provisions
- Preparation of monthly collection forecasts
- Post daily deposits
- Maintaining strong partnership with Commercial and HBDC teams, provide partnership wherever required thereby ensuring monthly collection forecasts are achieved
- Communicate with clients (Government Commercial) about billing discrepancies and addressing their issues
- Ensure proper management and control over credit release and reporting on the Account Receivable, DSO days for India Entity.
- Timely escalation to the management over any AR issues
- Initiate collections on past-due accounts
- Maintain AR accounting ledgers as required
- Handle all special billing and credit situations
- Audit ledgers to ensure they contain correct information, such as amounts, taxes, billing addresses and invoice numbers
- Time to time support to commercial team for smooth functioning.
- Basic knowledge related to Tax compliance and other laws.
- Well versed with O2C process
- Support on the preparation of month end AR MIS
- Ensure effective stakeholder communication. Interacting with the cross functional teams on a daily basis to ensure the finance processes are adhered to
Requirement:
- Bachelor s degree with 8+ years of experience OR Master s degree with 6+ years of experience (CA Inter / MBA preferred)
- Prior knowledge of working with SAP
- Strong Stakeholder management skills.
- Problem solving attitude
Employment Type: Full Time, Permanent
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based on 1 employee
Flexible timing
Monday to Friday
Within country
OTT HydroMet Benefits
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