Roles and Responsibilities:
1. To ensure that bill passing is strictly as per PO terms.
2. To follow up for bills where the same is shown as open line items in GR/IR accounts.
3. To ensure timely adjustment of Debit/Credit notes about contractors.
4. To ensure retention & security are properly deducted during Bill passing. Also, wherein PBG/ABG is to be obtained before the release of advance, to ensure that the same is timely received.
5. To monitor party-wise ledger for Advances as per PO terms and follow up with the Purchase department as well as contractors monthly.
Overhead Accounting and Monitoring
1. To ensure that all Admin Overhead expenses are incurred within budget and all exceptions are reported to Management on a timely basis and compliance with the Delegation Manual
2. Annual budget working in TM1 and comparative presentation.
Inter unit Transaction and Statutory Compliances/GST:
1. To ensure that Inter unit Balances properly match every month's closing
2. Ensure the deductions of TDS from all payments (applicability of TDS)/adjustment as applicable)
3. Ensure the GST compliances are fulfilled by vendors/customers and if there is any deviation, to be followed up with concerned and get it compiled the GST returns on time with 100% compliance.
4. Update the Legal cases as & when requirement basis in the system and maintain the MIS/CL statement
MIS Preparation & Reporting as required by P&B/CFD/Cluster office:
1. To ensure no deviation from TM-1 Vs SAP every month
2. Managing Accounts Closing Activities and timely completion of AS2/Audit.
3. To submit a report for sustainable gain or loss to management every month
4. Submit MIS/Financials & Budgeting to management on time.
5. Cost Audit Finalization with HO & Auditor without any remarks or queries
6. Ensure no deviation between Flash vs. actual cost
Balance Sheet & Audit Work
1. Co-ordination for Internal and external Audit work including Follow-up for points closure
|4 - 10 Years
|Corporate Planning & Strategy / Management Consulting
|Other Bachelor Degree
|Chartered Accounts Bill Payments Annual budget GST AND TDS MIS Analyst Audit Balance Sheet Statutory Compliance Inter unit Transaction Accounts Management
|Mr. Vijay Venkatesh
Hi! Simply click below and type your query.
Our experts will reply you very soon.