Job Description

Job TitleSr. Manager Expense Accounting Department / Division Finance & Accounts External Interface (Enlist external agencies/authorities that you are required to deal with while discharging your duty) Auditors Financial institutions/ Banks/ Tax Advisors Statutory/ Regulatory agencies (e.g. Service Tax Dept. etc.) Retailers Minimum Qualification (i.e education, training etc.) CA and/or CFA/ ICWA/ MBA (Finance) Minimum Experience 8-10 years of industry experience in the finance function Special Skills/Attributes (required for performing the job effectively) Comprehensive knowledge of Accounts Payable process Understanding of the Service Tax/ TDS and other Tax Management guidelines Knowledge of Statutory/ Regulatory Compliance Management Overall Purpose/Objective Of the job Responsible for all operations pertaining to Accounts Payable function including processing of vendor/ agency invoices and payments on time. Ensure compliance to various tax processes for the Center (Service Tax, TDS, etc.) as well as maintain proper record. Key Responsibilities (List major responsibilities, that you have, to achieve the key objectives) Responsible for verification of the account code for all bills received by purchase before forwarding the same for expense accounting Ensure payments for all vendor/ agency bills within defined timelines considering the credit period unless otherwise directed by the Center Director Ensure Service Tax calculation being done by the external agency staff is received as per defined timelines and also ensures the filing of the same Monitor the budget spending of each department at the Center on a regular basis and highlight excess cash/ liquidity requirement against budget for any department to the Unit Finance Controller and Center Director Responsible for coordinating with external CA firms for regular audits of operations (expense accounting/ provisioning, etc) and also for coordinating with various departments on audit queries Responsible for the smooth transition of accounting policies and practices form IGAAP to IFRS (International Financial Reporting Standards) as per defined timelines (FY2012) Ensure proper documentation for all operations (TDS calculation, Service Tax filings, audit replies from various departments, etc.) and provide updates/ reports as and when requested by the Senior Management Budgetary Control & Cost Optimization techniques (including Funds & Cash Flow Management) Ensure compliance with set accounting and reporting standards as well as governance norms defined by the CFO to ensure transparency, timeliness and accuracy of accounting for respective projects/ SPVs. Ensure adherence to statutory compliances as well as proper and up-to-date documentation of all books of accounts, reports, lease and revenue contracts, etc. for respective projects. Responsible for finalization of accounts for respective projects by ensuring all necessary procedures are completed. Prepare the books of accounts for each SPV/ project including Trial Balance, Profit & Loss statement, Balance Sheet, Annexure to the Balance Sheet and Notes to Accounts and forward the same to GM F&A for review. Responsible for timely processing of vendor/ contractor/ supplier/ architect bills for respective projects ensuring all functional procedures are adhered. Ensure all bills received from QS department for payment are complete and correct (in terms of code, approvals, all necessary documents are duly attached. Ensure adherence to the defined Audit Plan (for internal and external audits) for respective projects/ SPVs. Ensure that all audit findings are communicated to the Senior Management in line with the defined reporting norms .