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The role involves leading accounting and bill processing, managing payroll and statutory compliance, leading corporate budgeting, participating in tender and finance committees, handling audits, preparing MIS, managing payments and banking, and overseeing people management and talent development for the finance department.
Job Responsibility:
Monitor bills processing and accounting work done by bill processors
Troubleshoot their queries and guide them
Prepare systems and processes for team members
Process bills at times
Coordinate data through HR department
Review payroll processing monthly and process FFS (Full Final Settlement)
Payment of salary, uploading and authorizing
Claims and imp rest checking and authorizing
Facilitate investment declaration and proof submission and declaration of the same
Monitor proof updating
Support compliance with respect to TDS, PF, PT, NBS etc
Identify SAP development and updating requirement and implement the same
Liaise with SAP vendors and BIS team for development of Utility and troubleshoot raising of issues with SAP and ensuring resolution
Review and monitor compliance of statutory requirements (deduction & payment) with respect to TDS, PF, PT, filing of returns
Approve entries in compliance management tool
Troubleshoot and seek opinions from RRM on Indirect tax matters
Seek advice of consultant on Income tax matters
Facilitate kick off, SMG meet announcement, conduct presentation at the meeting with GM-Finance
Formulate the timetable and guide team members with respect to their roles and inputs (capex, Opex needed)
Draft mails to departments for submission of budget data via intranet
Collate/ Collect and prepare budget and have the same checked vetted by GM-Finance
Modify the budget based on inputs of key members of the management through respective department
Support presentation preparation
Facilitate building or divisions of budget module and troubleshoot(Intranet)
Act as TC member for proposal as TC member sign proposal for BOC, Bid opening and award proposal
Act as TC member in negotiation committee
Ensure favourable rate for the company
Review and monitor FC MIS VS budget
Sign all FC proposals
As member of various purchase committee work recommend best alternative or ideal course
Support/ guide team members to give inputs to auditors
Troubleshoot issues with auditors
Review inputs
Seek actuarial valuation from actuary
Review the same and prepare notes and provision against the reports for statutory audits
Cross check data sent to actuary by HR
Resolve auditor’s queries on actuarial and other accounting requirement
Co-ordinate with processors and ensure provision for closing
Review variance analysis of employee cost schedule and answer queries of internal stakeholders and auditors
Facilitate inputs required by auditors through team members
Authorize online payment of salary, taxes & duties, vendor payments
Sign refund and other cheques where member of authorized panel
Co-ordinate with banks for smooth credit and value added services, raise issues, seek resolution
Settle internal orders & co-ordinate the same through processors
Coordinate with HR department to ensure budgeting department is adequately staffed as per the manpower requirements
Own and develop high potential talent and create a talent pipeline for the department
Ensure high level of employee engagement and retention of critical employees
Instil a performance culture in the organization through driving timely goal setting, monitoring, and performance review
Requirements:
9 years of experience
Experience in accounting and bill processing team leadership
Experience in payroll, claims, imp rest processing & compliance
Experience in statutory compliance (TDS, PF, PT)
Experience in corporate budgeting team leadership
Experience in tender committee, finance concurrence & committee work
Experience in audit (statutory & internal)
Experience in MIS inputs preparation
Experience in payments, banking and reports
Experience in people management and talent development