JOB PURPOSE:
The incumbent will be responsible for Managing Payments across all business lines and create dashboards with comments for the CFO & the Management group. The role would include reconciling and comparing system reports to actual balances, creating MIS and reports as may be required for statutory submissions or reviews and other allied accountabilities.

KEY RESPONSIBILITIES:

1. Processing of Payments as per SOP ensuring each payment is duly approved.

2. Salary Payments, Cost Centre wise Accounting, reconciliation, advances, project advances processing and maintaining records for each employee.

3. Making payments using Banking Portals and sharing payments reports project wise.

4. Interacting with the Bankers for Bank Guarantee and Escrow account operations.

5. Bank Guarantee Issuance from Banks including e Bank Guarantee and tracking Bank Guarantees.

6. Produce, Review and Present monthly analysis of line wise Expenses with the cause of change.

7. Finalization of monthly EPF, ESIC and Professional Tax Liability at the entity level.

8. Preparation of daily Projection for Outflow of Funds to share report with CFO.

9. Ensure TDS deductions are as per provisions of Income Tax Act and raise timely escalation for deviations.

10. Validation & tracking of Expense Invoices, ensure payment and booking in Correct entity.

11. Variance Analysis for the movement of month-on-month expenses at Micro level/Project/Centre/Region.

12. Setting up and monitoring of basic finance processes.

13. Management MIS and Reporting. Ensure Bank / Creditors reports are tracked, prepared & submitted on schedule.

14. Automation of the processes

15. Any other allied responsibility as allocated by the manager.

KEY PERFORMANCE INDICATORS:

1. MIS, Reporting & Analytics:
a. Reporting as per schedule: Create trackers & compliance %.

b. Business Revenue Reporting: Quality of analytics

c. Continuous Improvement: Number of continuous improvement initiatives.

2. Payables & Fund Flow management:

a. Debtors tracking & reporting

b. Fund Flow: Track & Manage funds for optimization.

3. Payments reporting:
a. All reports within time limits.
4. Client and Stakeholder Relations, Managerial function:
a. Relationship Management: With internal & external stakeholders.

b. Team’s performance & productivity

c. Automation of processes: Identify opportunities & close the project with IT.

d. Any other role, allocated by the manager / management.

QUALIFICATIONS, CERTIFICATIONS AND EXPERIENCE:
Post Graduate / MBA in Finance with holistic understanding of the accounting processes and business life cycle. With about 5 to 7 years, primarily in Telecom / BPO / FMCG / Staffing / Edu Tech. companies with exposure to direct interaction with CXO/Management pertaining to the Finance & accounting role.