Lead and manage the Accounts function in the region and ensure compliance to statutory / regulatory requirements and internal guidelines / standards in all activities. Also responsible for management of invoicing operations, vendor invoice verification, cash management, credit control and audits in the region
Financial•\tProvide inputs to the Head – Financial Planning & Budgeting in the preparation of the budget for the region in accordance with the business targets and objectives for the particular region •\tEnsure adherence of all activities / operations in the region to the defined budget and highlight deviations, if any, to the Head Accounts and Corporate Controller and the senior management •\tResponsible for supporting region profitability; Also responsible for driving region wide cost optimization strategies and initiatives Operational •\tLead and manage the entire regional financial planning, budgeting, accounting, accounts payable / receivable and cash management activities of the region which includes o\tMonthly Financial Statements reporting o\tAnnual Budgeting for the region o\tPeriodic reporting of financial statements for region (as requested by HO) o\tCollection of TDS certificates o\tInvoicing and Billing o\tAccounts Payables o\tAccounts Receivable and cash reconciliation o\t\tUpdation into Web DCR and tracking of DHL Counter collections with closure of all exceptions/reconciliations o\tRenewals of contracts (i.e. AMC contracts, etc.) •\tEnsure compliance to all standard operating procedures (SOPs) and standard accounting practices as defined by the Head – Accounts & Corporate Controller in all financial transactions •\tEnsure necessary support is provided for implementation of the Financial ERP system in the region •\tEnsure timely and accurate recording of various accounting transactions in the region as per the applicable statutory / regulatory requirements and internal guidelines •\tEnsure timely generation and consolidation of books of accounts in the prescribed format •\tOversee the process of creation of CMF for clients in the region and timely generation of invoices corresponding to these clients on a monthly basis •\tEnsure Revenue Assurance with robust revenue controls checks and balances; Ensure the adherence of payment rates charged as per the CMF and in accordance with the contract parameters with clients •\tMonitor payments and collections from customers on a regular basis •\tOversee banking of all local cheques and account reconciliation at regular intervals •\tEnsure adequacy of deposits/Bank Guarantees of agents for FCCs, RSPs, Consolidators, ESA and Octroi in the region •\tOversee verification of all regional vendor invoices to ensure adherence to contractual terms; Also ensure verification of all invoices in the region for appropriate taxation like VAT, service tax etc. •\tResponsible for ensuring coordination for vendor payments with central Accounts Payable team and ensuring timely disbursements to vendors •\tDrive Accounts and Cash Receivables related targets in the region in terms of receivables in excess of 60/ 90/ 150 days, Logic Remittance target, Day Sales Outstanding target, FOD/DOD/COD/octroi collections, Month end outstanding, Custom duty outstanding, etc. •\tSupport in processing of salaries for employees in the region by ensuring accurate receipt of C-form and other details from the various centers in the region •\tSupport in the processing of full and final settlements at the time of separation of employees •\tMonitor the fixed asset accounting process in the region and ensure capitalization and ascribing and accurate monetization of assets in the region •\tLiaise with government authorities and other agencies for effective management of regulatory concerns and matters; ensure adherence of all financial operations in the region to statutory requirements •\tSupport the conduct of statutory audits and quarterly / annual audits in the region by ensuring maintenance of all records and documentation as per audit requirements •\tOversee the periodic preparation of reports in the prescribed format on the financial performance of the region to be submitted to the corporate team •\tProvide necessary support (as required) for regional procurement (including procurement of real estate) •\tEnsure all legal issues pertaining to the region and appropriately handled in consultation with the Legal Department People •\tProvide direction, guidance and support to regional employees to help them discharge their duties effectively •\tMonitor the performance of the team on a continuous basis to identify key performers •\tEnsure that the team is adequately staffed as per business requirements •\tEnsure timely goal setting, monitoring, review of performance parameters and feedback to team members •\tMentor and coach subordinates to develop their capabilities and build a strong succession pipeline for the role