Deputy Manager Finance
Unibeton Ready Mix
Total des années d'expérience :24 years, 2 Mois
• Manage all accounting operations including billing, accounts receivable, accounts payable, general ledger, inventory and fixed assets accounting, and revenue recognition;
• Forecasting of funds receivable and allocating of funds for daily operational requirements like Raw material procurement, Payroll, Inventory, Reconciliations, Reporting, Monthly management reports.
• Providing financial reports and interpret financial information to managerial team while recommending further courses of action.
• Analyzing project costs, sales price and projects profitability’s.
• Reviewing agreements of customers and providing recommendations additional revenue generation opportunities.
• Coordinate with various other departments, discussing company plans and agreeing on future actions to be taken.
• Developing, maintaining & analyzing department wise budgets & comparing with actuals.
• Preparing cash flow inflows and outflows trends.
• Collaborate with other members of the Group Finance team to align processes, policies and controls with those of the Group, to improve efficiency while maintaining strong internal controls;
Financial management responsibilities including generating financial data, compiling, and submitting reports, analysing industry trends, and assessing the financial reports of the company.
Oversee the operations and development of the company’s finance and accounts departments including creating and reviewing policies, budgeting, recruiting, training, and conducting regular assessments of financial procedures.
Supervise the preparation of quarterly and annual account reconciliations, monitor, and enforce compliance with tax and financial reporting standards and assist with cash flow forecasting
Advise colleagues and executive management on decisions related to the company’s finances.
Supervise the documentation of the company’s financial status and forecasts
The Accountability:
Planning and executing of financial, operational audits and special assignments allocated by Group Internal Audit / Senior Manager and reporting audit observations along with necessary recommendation to auditees.
Devising internal controls and internal check procedure wherever necessary to mitigate the identified risks, guaranteeing process accomplishments and reporting weaknesses in prevalent control procedures & provide recommendations to strengthen the same.
Examine and evaluate the adequacy and effectiveness of information systems and business controls.
Vouching and supervising monthly sales invoices amounting to 50 million before submitting to customer at end of each month.
Supervising and vouching of supplier invoices and accounting entries amounting to 40 million before processing for payments by ensuring expenses are properly classified in appropriate accounting periods in accounting systems.
Conduct visit to all plants to ensure company approved procedures & policies are followed and implemented.
Collect and analyze data to detect deficient controls, non-compliance with procedures and management policies and formally report to the Line Managers handling.
Conduct periodic physical verification of raw materials, Mechanical spare parts & other inventory items.
Conducted half-yearly compliance audit in accordance to ISO (Quality Management System) QMS.
The Accountabilities:
Vouching of sales invoices, credit notes and debit notes before submitting to customer.
Vouching of supplier invoices, checking financial entries made before processing for payment.
Vouching the veracity of MIS reports presented to management in Management review meeting.
Department wise Budgeted Vs actual expenses, P&L,
Machinery utilization reports, Fleet availability reports, energy consumption Vs actual utilization.
Carry out monthly reconciliations of Qty produced in batching plant Vs Qty sold to customer
Preparing Customer, Project and Mix wise gross margin to know the profitability of project.
Review and monitoring of customer outstanding balances and reporting to management about
delinquent customers along with observations.
Analyzing overdue customer balances, ageing of invoice,
Assigning monthly collection targets and monitoring daily collection against targets.
Reviewing and assigning monthly KRA and KPI‘s of collection in-charges.
Periodically review of manpower and attributed costs.
Ensure system implementation and report the deviation from the current internal control systems
To introduce internal control and internal check procedures wherever necessary
To conduct surprise checking at sites, stores and branch offices.
The Accountabilities: Preparing and maintaining books of accounts of up to finalization for the following 5
major clients who have business in various lines like trading, real estate, service sector and shipping.
* Overseeing daily accounting transactions the finalization of accounts, accounting and reporting of
different clients from back office.
* Monitoring bank transactions of clients in various currencies and in banks.
* Monthly reconciliations of bank transactions follow up with banks delays in clearances.
* Processing of monthly payrolls, disbursing to employees.
* Submitting customer’s/suppliers overdue details to clients to release payments/ to do follow up for
collection of money.
* Designing ERP accounting systems Chart of accounts, Payable modules, Receivable modules,
banking modules, General Modules and reports based on nature of business.
* Participating in store audits, investigative audits as per client’s requirements.
3. Ramcor - (Distributors & dealers of Heavy, light and passenger vehicles and retailers of Automobile
spare parts) - Guntur, AP
The Accountabilities:
• Preparing branch Sales, Purchase, Payables & receivables
• Maintaining Stock sheets & inventory of the company
• Preparing Reconciliations of Banks, Stock, Accounts Payables & Receivables
• Maintaining of Payroll of branch.
from
from NAGARJUNA UNIVERSITY