Accounts: Managing consolidation of accounts and preparation of financial statements. Checking data, maintaining and scrutinizing statutory books of accounts viz, journal, ledger, cash / Bank book, liability schedules, Assets register in compliance with time & accuracy norms.
Taxation / Statutory Compliance: Interfacing with taxation authorities for timely filing of TDS, service tax and income tax assessments, filing of various forms, returns etc. required under various statutes. Fund Management: Monitoring cash flow, reviewing the cash position and forecast funds required for numerous expenses. Liaising with banks / financial institutions for smooth implementation & functioning of various schemes implemented by HO. Managing funds and disbursement of funds, thereby monitoring payments schedules of equipments / fixed assets purchase. MIS: Preparing MIS reports to provide feedback to top management on financial performance, viz. variance analysis of profit, margin % with respect to budget, inventory analysis age wise & cause wise. Supervising the preparation of various analyses for audit committee viz. Material consumption, input price fluctuation, salary analysis, incentive analysis etc. Preparing MIS reports to provide feedback to top management. Conducting inventory analysis age wise & cause wise. Arranging sales budget, expense analysis etc. Receivable/ Payable Management: Preparing and following up of bills receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control and collections of payments etc. Ensuring that all payments are made to suppliers within the stipulated time frame and managing accounts payable within the pre-set parameters and accounting of rejections and reconciliation. Managing fortnightly vendors’ payments processing & ensuring collections of cheques in case of dishonor in co-ordination with the sales team. Conducting meeting with sales supervisory team about collection and taking the precautionary measure to minimize bad debts. Auditing: Performing analytical review of financial statements and evaluation of internal control systems for carrying out internal / statutory audits. Co-ordinating with statutory and tax auditors, preparing Schedules and Reports for the same. Discussing their queries and giving the suitable replies.