GMR GroupEmployer profile
Manager-F&A - 9741
Location not specified · 8–10 yrs
Experience- 8–10 yrs
Salary- Not disclosed
Location- Location not specified
- Work mode
- Not specified
- Job type
- Full-time
Apply by- Closing date not listed
- Posted
- 14 May 23
About this role
JOB PURPOSEPrimary Responsibility of planning and deployment of system for monitoring of the financial performance and maintaining accounting records as per Ind_AS and GAAP as well as audit thereof. To ensure nil revenue leakage and control the overall spending in line with the approved AOP and target towards maintaining a balance between funds inflow and outflow.
ORGANISATION CHART
Manager F&A ----> CFO Car Park
Key Accountabilities
Accountabilities Key Performance Indicators
AOP Monitoring – Monitoring overall Revenue and expenditure to be within the approved Annual budgets for the year.. This would involve monitoring the budget utilization at the time of PO release and subsequent invoice booking. Further detailed Variance analysis to be carried out Actual vs AOP comparison
Procurement Activities – Involvement in Vendor negotiations and Purchase order release to ensure accuracy in terms of G/L selected taxes applicable and budget availability. Accuracy and Timely release of PO
Payables management- Review the accounting of all admin and operational payments and tax deductions thereon in books of accounts as per Accounting standards and statutory guidelines. Monthly provisioning of expenditure for services already rendered. Accuracy in adherence with statutory requirements.
Receivable management- Review and reconciliation of Revenue generation and timely collections to ensure NIL leakages. Periodic preparation of reports on collections, customer ageing and segment wise revenue reporting. Accuracy
Tax Compliance- Timely deposit of Statutory liabilities (direct and indirect taxes) Timely
Fund Management- Banking and investment of funds and control over Vendor payments in accordance with availability of funds. Accuracy
Statutory and Internal Audits – Preparation & presentation of relevant expenditure and revenue schedules for auditors. This would involve compiling and analysis of data(for instance movements, ageing , variance, etc) capturing reasons for deviations Timely report generation
EXTERNAL INTERACTIONS
- Regular interaction with Statutory Auditors for addressing their issues and reply to their reports
- Regular interaction with Bankers in regard to loans repayment, cash management & interest issues, negotiation of refinance of loan, etc.
- Regular interaction with Tax Departments for various direct & indirect tax related issues and replying to their queries, attending assessment hearings
- Regular interaction and negotiation with Vendors and Insurance companies for coverage of all risks, claim recoveries, etc.
- Regular interaction with Credit Rating agencies for getting rating done of Bank Loan (:as per RBI mandate) and surveillance review done
- Regular Interaction with all other departments for Purchase Requisitions, expense related provisions and Inventory Management etc
- Regular interaction with GAL platform level team on various issues related to business plans & strategy, profitability, contracts, viability of commercial proposals, commercial issues, revenue assurance, business strategies, etc.
- Regular Interaction with SSC team for Data entry and vendor and customer invoice processing.
Other Dimensions
EDUCATION QUALIFICATIONS
Chartered Accountant / Cost Accountant (CA/ICWA)
Commerce Graduate (B.Com)
Relevant Experience
8-10 years of experience with atleast 5-8 years’ experience in domain function
COMPETENCIES
- Personal Effectiveness
- Social Awareness
- Entrepreneurship
- Problem Solving & Analytical Thinking
- Planning & Decision Making
- Capability Building
- Strategic Orientation
- Stakeholder Focus
- Networking
- Execution & Results
- Teamwork & Interpersonal influence