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Accounts Officer

Bengaluru, KA
Job Code:
  • Retail & Wholesale
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Job Details

Ensure accurate and timely accounting for R&D CQA within departmental and Corporate Financial guidelines and statutory requirements with the objective of ensuring accuracy in Executive Office accounts and control over payables and receivables.Key StakeholdersInternal R& D different verticals ( NPD, REVI, Packaging, Lab, SRA, Nutrition , CQA) , Manufacuring Finance, Purchase, EO Finance External AuditorsJob RequirementsEducation BCOM / MCOMExperience 3-6 YrsCompetencies Understanding of Accounting in FMCG Operations, SAPKey Responsibilities Outcomes expectedAccounting & Tax Compliance"Lead the period closing activities for R&D center . Collate information from all R&D and CQA verticala . Create provisions for all expenses likely to be incurred in the region. Calculate of expenses which are to be debited to other business Area. Follow up for payments . Calculate effective trial costs, travel cost, adminstration costs, factory trial costs . Arrange for accounting of write offs and advise all locations based on approvals given by EO. Follow up for physical removal and documentation. Create provisions for imports payments as well as interest on AACO deposits.Reconcile Costing and Financial P&L. Pass rectification entries if required to be passed. Conduct head wise / project wise Variance Analysis in comparison with previous years. Review and clear GR-IR , Customs and vendor clearing accounts.Carry out consildation and other requirements like record keeping, clearance of VFX3 log and issuing of Bank Balance letters to Bank.Take complete responsibility of Period closing with zero rework."Materials Purchase and Services"Release Purchase Advances for assigned purchase requests with verification of the quantities billed with SAP. Follow up and despatch of cheques/DDs/TTs to ensure money reached the vendor in time. Clear the MIRO post adjustment for advances for vendor and miscellaneous Bills. Reconcile all accounts on a monthly basis.Liase with Manufacturing team and accept the factory trials cost only incase it has approved by respect R&D incharges. Verify all the travel bills and process the payment. manage the day to expenditure at R&D center" Create and Manage Budgets"Prepare Overhead Budget including project wise for Pilot Trials and Factory Trials , packaging, Lab , SRA, CEP, adminstration, travel, etc ,comparision, corrections and change. Advise Conversion rates to EO for Budget preparation. Follow up with various vericals and Collating the data given by the Departments in order to provide EO Finance with all details required to prepare the annual budget as well as monthly estimates.Publish monthly reports , monitor total budget , project wise expendtures, travel expenditures , Adminstrartion expenditures etc on monthly basis. Conduct the analysis and report the adversies." Estimate and Manage RisksCoordinate audit schedule for the region. Spend time with Internal auditors providing data, inputs, bills, explanation etc and validating the same with them in order to facilitate audit and compliance of transactions and systems with statutory and company requirementsOthers"Manage Investor Relations Filling up of Templates as advised by EO for Board Meeting. Managing Sales Support Support EO Finance Manager with specific analysis as required. Process the settlement .Review and Reporting Circulate Cost centre / Functionwise overhead details for Budget Meeting. Advise Branch Staff cost details to EO.Calculate the Product Cost on need basis"
Degree: M.Com. (Commerce)

Additional Degree: B.Com. (Commerce)

Experience: 3-6


Audit & Risk | Taxation
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