Team Member Mis & Export Accounting

Year    GJ, IN, India

Job Description

Designation: Officer
Updated: December 26, 2024
Location: Gujarat, India
Organization: Chemicals



:

4) Key Result Areas: Writethe key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas)- Maximum 10 KRAs can be updated
=============================================================================================================================================================================================================================================

Key Result Areas ( Max 1325 Characters) Supporting Actions ( Max 1325 Characters) 1. Export Receivable Management: Supervise the accounts receivable process, including the monitoring of outstanding invoices and collections efforts.

• Ensure collection update in customer account after payment credited in bank as per FIRC for export customers and update soft copy of FIRC in SAP system for all the plants.
• Reconcile export customer through coordination with marketing and CSO.
• Review, follow up with bank team & marketing for unidentified collection entries.
• Prepare and upload Form 15CA for remittance of export payment.
• Ensure timely documentation and DMS of export related documents
2. MIS related: Ensure accurate reporting and related activities

• Prepare daily, monthly, quarterly, and periodical MIS reports:
+ Daily Closing debtor's reports,
+ Dealers report
+ Sales V/s Collection Report
+ Daily Sales Report
+ Advances from customers
+ Any other report required by management to ensure timely submission as per target timeline.
• Review and analyze advances received from customers on a fortnightly basis.
• Ensure daily preparation of debtors ageing and overdue statements.
• Ensure ageing is up to date, credits and collections are applied, uncollectible amounts and miscellaneous differences are accounted.
• Identify slow-paying customers (Customers having Overdue above 365 days) and escalate the same to management.
• Assist in daily operations, including consolidate receivables, and data entry into accounting system.
• Extract, collate and analyze financial transactions from SAP.
• Any other ad-hoc requirement from management.
3. Security Deposit accounting: Ensure provisions / liability accounting related to customer along with Interest on SD to be issued to customers/ channel partners

• Prepare working of interest on SD on a quarterly basis and ensure the posting of quarterly provision entry of the same.
• Review & monitor and keep track of all pending provisions i.e., addition, issuing or write back of excess with age analysis.
• Review status of provisions / liabilities on regular basis.
4. Account Reconciliation: Ensure customer accounts are reconciled and accurate

• Review transactions to identify any discrepancies, such as missing payments, unapplied credits, or billing errors.
• Issue balance confirmation letters or emails to customers, requesting them to verify the accuracy of their account balances.
• Investigate and resolve any discrepancies or disputes raised by customers during the balance confirmation process.
• Keep detailed records of all communication with customers regarding their account balances, including dates, methods of communication, and outcomes.
• Record any adjustments or corrections in the general ledger to reflect the reconciled account balances.
5. Compliance of SOPs & Delegation Manual: Implement best practices and ensure high service delivery quality

• Adhere to Standard Operating Procedures (SOP) for the defined activities.
• Highlight any deviations in SOPs/ changes required to ensure effective implementation of SOPs.
6. Statutory compliances: Ensure timely and accurate compliance with various laws and explore and avail all incentives and tax benefits

• Ensure compliance of legal provision & procedure of Income tax, Custom & GST across the assigned activities
• Ensure compliance of company law matters, SEBI Guidelines & other various Govt. Statutory provisions.
• Follow SOPs to ensure Corporate Governance and regulatory compliances.
7. People Development:
Maintain congenial work culture by effective management of people to improve productivity, growth & motivation levels to institutionalize best organizing practices in the unit

• Set SMART performance targets & KRAs.
• Maintain discipline and grievance handling in shift.
• Inculcate the group values/policies/ vision/ mission & objectives.
• Recommend training for skill development and ensure development plan is prepared and implemented.
• Provide the team with technical support on various issues. Coordinate with HR team for monitoring the development





Qualifications:

Graduate


Minimum Experience Level:

5-7 Years



Report to:

Assistant Manager

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD3566319
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    GJ, IN, India
  • Education
    Not mentioned
  • Experience
    Year