• Review and reconciliation of POS reports (tender media-wise) to collection (Cash, Visa, Master, Amex, etc.)

• Review of system interface and ensuring accurate revenue and collection accounting

• Track and follow up for timely collection of receivables

• Support and facilitate commercial negotiations with procurement

• Ensure 3-way match, ensure documentation of approvals and process payments within approved timelines

• Book invoices, prioritize invoices according to payment terms and cash discount potential

• Track and facilitate payments like Utilities, Statutory Fees, Municipality Tax, VAT, Rent, etc.

• Review and process employee advances, payroll, leave salary, full and final settlements, etc.

• Calculate and facilitate timely pay-out of incentives as per company policies

• Print cheques/ process online payments / prepare bank TT forms

• Monitor the bank debits for the cheques issued and perform bank reconciliations

• Reconciliation of various inventory items and accounting for COGS

• Period closure and maintenance of all P & L and B S schedules including provisions and pre-paid

• Provide inputs for budgeting, forecasting and MIS variance analysis

• Track, manage and report common cost and ensure timely and accurate allocation amongst group companies

• Ensure vendor / inter company reconciliations and issue resolution

• Submit FAR with accurate information

• Track contracts including leases and ensure timely renewal in coordination with procurement and leasing team

• Track and monitor IOU & petty cash spends at outlet levels and facilitate reimbursements

• Track fund position and support working capital management

• Support internal audit, statutory audit, tax audit, etc.

Ultiwise Consult