Deputy Manager

Found in: Whatjobs IN C2 - 2 weeks ago


mumbai, India Mahindra Rise Full time

Company:

Mahindra & Mahindra Ltd Responsibilities & Key Deliverables1. Cash Management: - a) Daily Funding, Its Utilization for Local and Import Payments: - Obtaining of Daily Requirement of Funds, Liasioning with Corporate Finance: - Comparison with Actual Payment on Daily basis and Control Actionsb) Cash Flow Projection and Actuals for KNDV: - Monthly projection of cash flow for Direct Material Vendor Payment, comparison with Actual on weekly basis and necessary action accordingly: - Co-ordination with Sector Accounts or other departments2. Local Payments and Creditors :- a) Payment Activity:- Daily Payment Processing from SAP:- Liasioning with Banks or other departments:- Obtain IT support in case of any issues etcb) Vendor Reconciliation:- Quarterly reconciliation with vendors as per guidelines set by management:- Co-ordination with various unit Accounts for effective reconciliationc) Vendor Queries relating to payments, Deduction details, TDS Certificates etc:- Solution to vendor queries for payment or related issues:- Co-ordination with Sourcing /Supply Chain team for smooth vendor relationshipsb) Payment related Issues if any and Solution thereofd) Vendor Ageing:- Monitoring and clearing books w.r.t. clear3. Import Payments :-a) Daily Payment processing:- Processing of Import documents (Advance/LC issuance/amendments/ direct etc.) by thoroughly checking the documents:- Liasioning with Banks and Import Desk:- Resolving discrepancies in documents and queries from Banks for payment executionb) Payment Entries for Auto Sector:- Passing of payment entries for Import payments released on monthly basis:- Adhering to the management deadlines for passing entriesc) Finance Activity:- Active involvement for financing options:- Dealing with Corporate Financee) Maintaining reconciliation on Import Data Processing and Monitoring System (w.r.t. BOE):- Follow up with Import Desk for necessary documentation3. MIS: - a) Creditors MIS (Local and Imports)b) MIS for Financial Impacts for paymentc) Ad hoc requirement5. Resolving Audit queries: - Dealing with internal and external auditors6. Management Representative for ISO Audit :-a) Maintaining ISO related information as per Audit guidelinesb) Conducting periodical meetings (MRM/Steering)b) Preparation of Minutes of meetings and circulation thereofc) Maintaining of SOPs and timely updationd) Liasioning with customers (both Internal and External) for feedbacks and improvement in Satisfaction scorese) Other relevant activities as per requirement of Sector MRExperience3- 5yrsIndustry PreferredQualificationsC.A/I.C.W.A.IGeneral Requirements
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