Ensuring accurate and timely Monthly & Quarterly Closing- maintaining Balance Sheet Integrity
Timely & Accurate closure of books of Accounts.
General Ledger closing as per timelines with all completeness.
Trail Balance Review & Analysis with detail remarks for major variances with respect to prior periods, forecasts and AOP.
Ensuring Timely & accurate delivery of FR closing pack.
Proper Schedules & back ups for each Balance sheet GL line items with ageing.
Major movement of any GLs would be tied up with all necessary approvals, within budgets & with proper justifications.
Ensure adequate backups are available for all accounting information and necessary reconcilliations and validations and verifications have been carried on and documented to satisfy the requirements of Balance Sheet integrity.
Provide timely and accurate information for Schedule VI and notes to accounts on a quarterly basis.
Coordination for Circle Audit.
Ensuring all submission of details & schedules to Auditors(Statutory, Concurrent & Internal).
Providing Resolution / remarks for all the queries raised by Auditor.
Ensuring there are no audit points and timely closure of the same if there are any observations
Co ordination with other functions for smooth closure of Internal Audits.
AOP Preparation & Budget Tracking to plan the circle related activities
Preparation of Annual Operating Plantion plan activity including coordination for inputs from various functions in circle and Corporate, collating and analysing the same
Submission of the AOP and related information as per guidelines and within agreed timelines
Continuous monitoring of the AOP and control & tracking with respect to different categories like Opex / Capex. Generate reports to highlight concerns areas and discuss with various stakeholders to devise corrective action plans.
Fixed Assets Recording, Monitoring and Custodianship
Ensure accurate and timely recording of transactions relating to Fixed Assets.
Drive and monitor control mechanisms like physical verification, systems review etc. to ensure adequate controls
Monitor Capex efficiency, adherance to Capex budgets, control over SRN material and ensure timely recording of site to site movements
Coordinate with other functional heads to ensure an adequate health assessment of assets so that any provisions or write offs or Insurance claims are timely recorded / lodged.
Coordinate with central FA team for making available all necessary information for concluding audits and for effective decision making and analysis by Circle Leadership team.
Prepare and ensure timely delivery of accurate information around Site wise profitability, profitability Forecasts, Budget monitoring, Target achievement, various circle KRAs, and other adhoc information requirements from Circle Management team.
Act as the main coordinator for any financial and non financial reviews for the Circle
Minimum Educational Qualifications to perform this job : Chartered accountant
Knowledge Required : Expertise in Finalization of Accounts, IGAAP, Companies Act, Schedules VI
Skills / Competencies : Should have a fair understanding of the business and must have prior experience of working in ERP systems.
Ability to present vast information in a concise form so as to draw attention to real issues.Exposure to IGAAP and Big 4 audit processes.
Relevant Experience (Functions, roles, duration) : Minimum 5 Years of Total Experience in Finance & accounts including at least 2-3 years of experience in preparation & finalization of Accounts.
Hiring Pool (industries, specific organizations from where targeted) : Any Industry