Business Finance- Logistics Company

Role & responsibilities

Key Responsibilities

1. Financial Reporting & MIS

• Prepare monthly financial and business performance reports.
• Analyse branch-wise, product-wise, customer-wise, and salesperson-wise revenue and margins.
• Prepare volume, revenue, profitability, and budget-versus-actual reports.
• Monitor open jobs and pending financial closures.
• Identify performance trends and variances and share insights with management.

2. Month-End & Quarter-End Closing

• Ensure timely and accurate month-end and quarter-end financial closure.
• Review revenue, expenses, accruals, and work-in-progress (WIP).
• Review and reverse unnecessary accruals and cost provisions.
• Coordinate with internal teams to resolve pending accounting entries.

3. General Ledger Reconciliation & Financial Controls

• Perform reconciliations between CargoWise and SAP for revenue, expenses, payables, accruals, and WIP.
• Investigate reconciliation differences and ensure timely resolution.
• Coordinate with IT and integration teams to resolve invoice and accounting discrepancies.
• Maintain supporting documentation for internal and statutory audits.

4. Branch Accounting & Accounts Payable

• Manage accounting activities for assigned branches.
• Ensure timely posting of accruals, receipts, and payment requisitions.
• Reconcile general ledger accounts and clear outstanding debit balances.
• Review GST discrepancies, including amounts not reflected in GSTR-2B.
• Ensure timely processing of vendor payments, including MSME payments, in compliance with applicable regulations.
• Monitor vendor advances and prepare vendor ageing reports.

5. Accruals & Compliance

• Review and validate accruals based on business requirements and supporting documents.
• Coordinate with business heads and finance teams to ensure accurate accounting.
• Ensure appropriate accounting treatment and timely resolution of discrepancies.

6. Business Review & Management Reporting

• Prepare monthly business review presentations and financial dashboards.
• Analyse month-to-date revenue and volumes against budget and actual performance.
• Prepare quarterly performance reports, including year-on-year and quarter-on-quarter comparisons.
• Analyse top customer and product performance.
• Ensure accurate and timely submission of reports to management.

7. Business Partnering & Process Improvement

• Coordinate with business, branch finance, accounts payable, and IT teams.
• Provide insights on customer profitability, product performance, revenue, and margins.
• Improve reporting accuracy, reconciliation processes, and financial controls.
• Support management with financial analysis and other business reporting requirements.

Preferred candidate profile

• Strong knowledge of financial reporting, MIS, and financial analysis.
• Experience in general ledger reconciliation and month-end closing.
• Knowledge of SAP and CargoWise (CW) is preferred.
• Understanding of GST, vendor payments, accruals, and working capital management.
• Good analytical, communication, and coordination skills.
• Proficiency in MS Excel and preparation of management reports and presentations.