Relationship Manager

1 week ago

Ranchi, Jharkhand, India Tata AIA Life Insurance Full time

A. Position Overview

Position Title

Asst Manager-Accounts Payable

Department

F&A

Level/ Band

Asst Manager

B. Role Summary (Please specify the few lines one the overall role expectation and delivery)

Ensuring timely month end closure by providing timely & correct provision amount. Expense variance analysis. Preparation Dashboard report. Employee balances reconciliation with HR and reporting Team. Balance sheet GL reconciliation and removal of old ageing balances Fixed Asset Accounting, Knowledge of processing of CAPEX invoices. Audit query resolutions (Statutory / Internal)

C. Organizational Relationships

Reports to

Senior Manager- Accounts Payable

Supervises

Outsources staff

D. Job Dimensions

Geographic Area Covered

Corporate level

StakeholdersInternal

All departments

External

Vendors

E. Key Result Areas ( In Bullet points )

Area

Details

Processing of Invoices Responsible for correct & timely payout to all vendors & Employees Responding to any queries of user department Responsible for processing of Employee & Vendor Advance payment requests on the basis of approvals & ensuring timely settlement of open advances Tracking of open Purchase Orders Tracking all Open Purchase Orders & sending status to respective departments Ensuring closure of the PO after receipt of services Identifying pending bills, Old Advances & follow up with user department for closure of the same MIS & Month Closure Activities Ensuring correct cost center booking by analyzing cost center reports Ensuring timely month end closure by providing timely & correct provision amount. Expense variance analysis. Preparation Dashboard report. Preparation of data for salary recovery wherever the employees has not settled the open advance / debit balance in their ledger account. Giving Finance clearance for Full & Final settlement of exit employees. Balance sheet item reconciliation Vendor payment reconciliation Audit query resolutions (Statutory / Internal)

Process Improvement

·Analyze the vendor and expense accounts on a monthly basis to report inconsistencies in accounting/any material issues looking at nature of spends/ process followed.

·Automation of control reports related to Payables.

F. Competencies ( Please add relevant competencies . Competencies to be filled as per the Competency dictionary only)

Roles

Drive for Results & Agility

Developing, Managing &

Working with

Hybrid Teams

Business

Environment

Awareness and

Domain

knowledge

Timely Decision

Making with

Solution

Orientation

Change Management

Technology,

Digital and

Analytics

Customer &

Consumer

Engagement

And Experience

in a Hybrid World

Asst. Manager

Monitors data and takes into

consideration all the available

information to critically analyze the

existing information and draws a

logical inference.

Is inclined towards ensuring that

the final outcome is error-free.

Actively shows commitment by

maintaining consistency in work & task assigned

Builds and maintains healthy relations

with hybrid team members to ensure

seamless execution of work.

Completely understands various

functions and roles within the team

and their interdependence.

Manages own time and that of others

working remotely, focusing on the

things that are important.

Collaborates with others and ensures

that team members have the

necessary information to operate

effectively - online and offline.

Builds others' confidence and

motivates team members to perform

their jobs.

Works to provide a supportive

environment by securing necessary

resources and removing blocks to effective working.

Takes efforts to understand market

trends and its impact on the function

to increase productivity.

Is aware of the products, processes

and developments as applicable to the

industry.

Demonstrates understanding of

policies, procedures and risks involved

and aligns well with the overall

organizational strategy.

Is technically sound and can use

Microsoft Office efficiently.

Is able to connect with distributor and

record feedback if any.

Looks out for various sources from

where identified gaps can be

addressed and has an eye for detail to

ensure the work is completed as per required quality.

Is able to analyze complex data to

provide inputs that will help take

decisions, when the situation is

clear and options are obvious.

Is able to look at domain specific

problems and approach them in an

organized fashion, drawing

appropriate inferences.

Asks for guidance when faced with

complex problems.

Questions traditional methods to

initiate new perspectives.

Evaluates ideas for practicality and

feasibility and thinks through an

innovative conclusion.

Demonstrates good understanding of

how changes might impact one's own

area of work.

Is able to bring fresh perspectives,

new insights in own area of work.

Embraces change initiatives positively.

Maintains motivation and effective

performance of self and team in the

face of constant change and

significant obstacles .

Demonstrates a good understanding

of the technological advancements

and works with peers or colleagues to

test the viability of a new technology

tool before applying it in one's area of

work by ensuring the outcome is

error-free.

Ability to alter conventional processes

and highlight challenges that can be

enabled with technology.

Stays calm in ambiguous or demanding

technological changes in one's area of

work.

Identifies critical connections and

patterns in information/data and is

able to analyze verbal and numerical

data for functional excellence.

Recognises causes and consequences

of data related actions that are not readily apparent.

Makes a conscious attempt to understand and act on the consumer and customer needs in a

prompt and positive manner given the changing environment context, by anticipating the customers unstated needs, articulating them

well and by providing the client service which

exceeds expectations.

Builds and maintains productive relationships

based on trust in a hybrid work environment,

with internal and external stakeholders/

customers.

Reaches out to customer and identifies

opportunities to increase connect through different preferred channels.

Collates and analyses data based on customer pain points and coordinates with other departments to ensure effective resolution of

system and process issues given the changing environmental and customer context.

GSkills Required

Technical

SAP System Knowledge is desired

Behavioral *

Essential

Desired

Interpersonal skills

·

Communication skills

·

Creative thinking skills

·

Supervising/Leadership skills

·

Teamwork Skills

·

Influencing skills

·

Relationship Building skills

·

Decision making skills

·

HIncumbent Characteristics

Essential

Desired

Qualification

/

Experience

4-5 years post qualification

5-6 years post qualification

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