Executive Finance & Accounts

Job Descriptions

In order to achieve this job responsibility the person handles the ‘Ongoing Accounting & Transaction Processing’ activity of Westside & Landmark through:

• Ensures that all transactions are completed & accurately recorded in the accounting system as the basis for effective reporting of financial results.
• Purchase Accounting: Ensures timely recording of all purchase transactions including imports, communication with vendors etc.
• Ensures timely closure of purchase period with no GRN pending and timely closure of Import booking.
• Accounts Payable: Ensures timely payments as per the terms to all vendors handled as per the due date.
• Undertakes periodical vendor reconciliation activities of the vendors handled to resolve any discrepancies and avoid future disputes.
• Ensures quarterly balance confirmations to vendors on a quarterly basis.
• Co-ordinates with statutory auditors and closure of audit observations with nil pendency. Resolves their queries whenever arises.
• Verifies VAT liability, input credit & payments, VAT returns and Rent/RBA payments of the stores handled on a monthly basis.
• Keeps track of pending GR/IR on a continuous basis.
• Interprets & implements amendments in statutory laws i.e. Companies Act, State level VAT, customs, Income Tax etc.
• Continuously undertakes process improvements and automation to increase efficiency & accuracy.

Develops, guides & manages a strong accounts team, ensuring that appropriate subject knowledge and skills are developed within each individual.

Competencies