Dy. Manager - Sales & Logistics Cost - Finance

Role & responsibilities

Key Responsibilities

1. Logistics Accounting & MIS

• Prepare and publish daily, weekly, and monthly Logistics Accounts MIS.
• Ensure accurate accounting of logistics-related transactions in SAP.
• Support month-end and year-end financial closing activities.
• Coordinate with the Logistics team to resolve finance and accounting-related issues and ensure timely accounting of logistics transactions.

2. General Ledger (GL) Reconciliation

• Perform monthly reconciliation of logistics-related General Ledger (GL) accounts.
• Identify, investigate, and resolve unreconciled items in coordination with Plants, Warehouses, Procurement, and Logistics teams.
• Ensure timely clearance of reconciliation differences and maintain accurate financial records.

3. Open GR/IR Management

• Monitor and reconcile Open Goods Receipt/Invoice Receipt (GR/IR) balances.
• Coordinate with Procurement, Logistics, and vendors for timely invoice processing.
• Drive closure of aged GR/IR items and ensure timely accounting for GST compliance.

4. Railway Advance Settlement

• Monitor railway freight advances and ensure timely settlement.
• Coordinate with internal stakeholders for supporting documents and accounting closure.
• Review ageing and follow up for timely adjustment of outstanding advances.

5. Pending Vendor Bills

• Track pending invoices related to transporters, warehouses, railway operators, and handling contractors.
• Coordinate with Logistics and Procurement teams to ensure timely invoice booking and payment.
• Monitor ageing of pending bills and reduce outstanding liabilities.

6. Sales Payables Accounting

• Process and account sales-related payables accurately.
• Ensure timely settlement of claims, incentives, and other sales-related liabilities.
• Reconcile vendor and customer balances and resolve accounting discrepancies.

7. Primary & Secondary Freight Accounting

• Ensure accurate accounting of primary and secondary freight expenses.
• Verify freight bills, accounting entries, provisions, and reversals as per company policies.
• Coordinate with the Logistics team to resolve freight accounting issues and ensure timely financial closure.

8. Financial Controls & Compliance

• Ensure compliance with accounting policies, GST requirements, and internal financial controls.
• Support internal and statutory audits by providing reconciliations and required documentation.
• Maintain proper documentation for all logistics-related accounting transactions.

9. Stakeholder Coordination

• Act as the finance SPOC for Logistics Accounts.
• Coordinate with Logistics, Procurement, Sales, Plants, Warehouses, Shared Services, and Business Finance teams to resolve finance-related issues.
• Drive timely closure of accounting queries and support continuous process improvements.

Preferred candidate profile