Accounts Receivable and Project Accounting
Handling overall AR profile which includes
- Invoicing/Progress Notes generation and monitoring
- Periodic reconciliation of Customer’s accounts; ensuring all receipts are accounted for and properly posted
- AR MIS : Circulation of AR aging report, daily collection/outstanding/ overdues status report, assist in cash forecasts
Cost Centre Accounting
- Assist in the creation and monitoring of cost center budgets in collaboration with department heads
- Track actual costs against budgets and analyze variances, providing explanations and recommendations.
- Prepare monthly and quarterly reports on cost center performance and expenditure trends.
- Help set up and maintain cost center structures in the ERP system
Material movement
- Monitor & maintain accurate records of material movements in inventory management systems
- Follow up on returnable gate passes
- GR/IR vs material inward MIS in the plant
- Monitor material creation with planning at RM, WIP, FG and Capex level
Financial SOP
- Implementation and adherence of financial SOPs in line with Corporate Guidelines
- Creating and implementing site/business specific SOPs as per business need.
Costing
- Preparation of Project wise Cost Sheet. Perform variance analysis and provide insights to the management
- Set up and maintain cost accounting system. Ensure accurate cost allocation to products, departments, and processes.
- Analyze standard costs and update them as needed, based on changes in production or procurement
- Cost Centre accounting and periodic reporting
Budgeting
- End-to-end leading annual Budgeting activity
