Assistant Finance Manager

• Review and preparation of the monthly management accounts.
• Assist with review & upload Monthly Audit Reports.
• Provide & assistance with the annual budgeting and quarterly forecasting for the Finance Manager and operational staff.
• Provide reports on contract and overhead variances to budgets
• Passing of monthly journal vouchers onto JD Edwards as required on monthly reporting.
• Review the fixed asset register and advise head office of amendments
• Promote the use of JD Edwards throughout the division.
• Statuary monthly reconciliation & payments.
• Monthly Balance sheet reconciliation & reporting.
• Closure of periodic Audits.
• Budget Control & reportings of major deviation.
• Assistance in preparation of annual budgets & forecast with uploading on Portal.
• Tracking of return filling & payment of ECB Loan.
• Any other work that arises or is assigned by management.
• Comply with all processes and procedures (Human Resources, HSEQ, Finance, Information Technology, Procurement, Operations) which include compliance with all applicable rules and regulations of the local labor law.
• Coordinate monthly financial data reporting process. To include preparation of accurate and timely data for monthly, quarterly and annual financial reports in accordance with accounting standards and EFSME policies, procedures and practice
• Manage agreed budget to deliver the defined service activities. Report any financial exceptions and other information as required
• Prepare & Review and Projects P&L and Prepare variance with remarks. Overseeing budgetary control and monitor cash flow.
• Manage the integrity of all financial and management data. Ensure information is accurate and timely.
• Co-ordinate Implementation of financial processes for EFSME. To include, customer billing, receivables.
• Provide and interpret financial information, provide advice and support. Prepare reports and make presentations, as required
• Ensure that all employees and departments with financial accountabilities understand their responsibilities with regard to financial performance against budget.
• Participate in strategic planning and formulating long-term business plans budgets and periodic forecasting. Analyzing change and conducting risk assessment
• Monitor performance and efficiency of the staff and operations team through KPI’s
• Identify and implement remedial action to correct variances on budget line items
• Develop, lead, motivate, and inspire a professional team enabling them to meet both personal and business targets. Provide clear operational direction and support to team
• Assess the financial implications of new or existing contracts. Identify opportunities to optimize contract viability through advising on key inputs. Conduct reviews and evaluations for cost-reduction opportunities
• Develop and foster productive and beneficial partnerships. Maintain regular communication using consultation with Financial Accounting Coordinators and Senior Management, Procurement and Operations team. Ensure compliance with Corporate Accounting Standards and Policies
• Develop and manage effective communication channels between customers and the financial accounting. Manage customer needs and expectations
• Agree and review regularly performance objectives for each team member. Carry out appraisals and performance review. Use the process to improve employees who are not meeting requirements of role. Carry out regular reviews of the personal development plan and progress
• Analyze existing work processes, procedures and systems, identifying opportunities for increased efficiencies and service improvements
• Develop and manage audits of processes and procedures to measure quality assurances
• Implement rigorous and thorough control mechanisms for accounting functions and financial transactions. Use efficient, effective, and transparent financial administrative procedures that enable clear financial disclosure, accountability, monitoring and control
• Ensure compliance with financial legislation, statutory requirement, and internal control requirements
• Develop and maintain a continuous improvement mindset to service delivery that generates “added value” to the business
• Ensure compliance with all legal obligations and regulations
• Monitor Daily Receipt Allocation and review day-to-day collection.
• Monitor & Review CN & On A/c payment allocation follow-up & closure on daily basis.
• Daily/Weekly/Monthly/Yearly/Audit Trackers & collection reports.
• Monthly Actual VS Budgeted cashflow variance with remarks.
• Payment Release tracker to be update on daily basis.
• TDS Reconciliation & allocation.
• Maintain up-to-date billing system
• Follow up, collection and allocation of payments
• Carry out billing, collection, and reporting activities according to specific deadlines
• Reconciliation of accounts
• Monitor customer account details for non-payments, delayed payments, and other irregularities
• Maintain accounts receivable customer files
• Investigate and resolve customer inquiries with regards to billing & reconciliation.
• Process adjustments
• Organize a recovery system and initiate collection efforts
• Monthly Reporting within Timeline & process as per required templates.
• Fulfill of other requirements from time to time.
• Ensure strict adherence to both finance and administration policies and procedures
• Receive all incoming invoices and statements from supplier, match them against system held information entered from the stores, highlight differences for investigation following which either rejection or approval adhering to the finance procedures
• Responsible for checking and accounting of supplier invoice
• Responsible for supplier’s account reconciliation on a monthly basis
• Responsible for accounting and reconciling of monthly accruals
• Record keeping and verification of all Government related payments (Telephone, DEWA, etc.)
• Prepare monthly payment requests to treasury
• Ensure timely preparation of invoice payment/transfer advice to treasury function
• Ensure preparation of complete and accurate month- end closing schedules and KPI related to payables and accrual accounts (both balance sheet and profit and loss account)
• Monitor & Review PV/PD/GRN/Open Po report & AP as well.
• Accounting of Vendor payments & closure of vendor disputes.
• Monitoring of all open assessment’s cases (GST/VAT/IT/TDS) and assistance in closure in liaison with legal consultant.
• Audit support as required time to time.
• Monthly Internal Control reporting.
• Review TDS & GST Return.
• Team engagement, Vendor relationship.

If interested, kindly share your updated CV along with the below required details at: [email removed]

Current CTC

Expected CTC

Notice Period

Reside in OR Open to relocate to Noida (Yes or No)