Job Description

:Job PurposeResponsible for Sales Accounting, Depot Accounting and PMRCJob Context & Major ChallengesIn ABG, Epoxy Business consists of 3 manufacturing facilities (Thailand, Germany and Vilayat India), 2 R&D Labs (Thailand and Taloja) and marketing offices spread over various regions. India Epoxy Operations started in 2013 by setting up a greenfield plant in Vilayat, Bharuch with a capacity of 73,000 TPA. The Unit has created manufacturing facilities for various Epoxy Resins such as Liquid, Hardener, Powder Coating, Reactive Diluents, Can Coating, Solution etc. Current expansion of Liquid Epoxy Resin plant is under progress, which will enhance the total capacity to 118,000 TPA. It has R&D Lab at Taloja, Mumbai with more than 15 scientists and marketing office in Ahura Centre, Mumbai. Customer base for India operations is largely in India, Europe, USA and Middle East. Turnover for India operations increased from INR 391 Crs in FY 15 (first full year of operations) to INR 702 Crs in FY 17 registering CAGR of 34% and budgeted turnover for FY 18 is INR 900 Crs.Job Challenges:
1. Sales Accounting
2. Credit Management
3. Ensure periodic reconciliations of customer accounts
4. Daily and Monthly Cash Inflow Planning
5. C Forms Collections
6. MIS Reporting related to Sales AccountingKey Result Areas KRA (Accountabilities) (Max 1325 Characters) Supporting Actions (Max 1325 Characters)
KRA1 Sales Accounting 1. To ensure all receivables are recovered by due date
2. To ensure automatic reminder to customer for receivables near due date
3. To take support of marketing team for overdue receivables
4. To ensure all receipts are accounted for on day-to-day basis and checked against correct invoices
5. Timely commission payments to distributors after proper verification
6. Ensuring timely reimbursement to employees in marketing team and PMRC
7. Ensuring timely accounting and vendor payments related to PMRC
KRA2 Credit Management 1. SOP compliance on credit management
2. Timely updating of customer credit limits in SAP and periodic review of the same
3. Reporting of overdue receivables to insurer in time
4. Flagging of overdue receivables where customer limit has reached so as to stop further supplies
KRA3 Periodic Reconciliation of customers and distributors 1. Periodic reconciliation of all customer accounts
2. Settlement of reconciliation items in timely manner
3. Ensuring timely settlement of credit notes to customers / distributors
KRA4 Cash Flow Planning 1. Accurate forecasting of daily and monthly cash inflows and timely reporting the same in HFM
2. Doing RCA for major deviations and taking actions to avoid the same
KRA5 C Forms Collections 1. Ensuring timely collection of C Forms for all inter-state sales
2. Timely reminders for pending C Forms to marketing team and customers
3. Raising debit notes for pending cases in line with Grasim SOP
KRA6 MIS Reporting 1. Timely follow up with SCM team for periodic sales closing
2. Ensuring sales accounting in correct period for all the dispatches
3. Periodic reporting of sales and receivables

Aditya Birla Group