Accounts Executive

2 weeks ago


Hosur, India TVS Motor Full time

Department
- FIN - International Business
- Job posted on
- Feb 26, 2023
- Employment type
- White Collar

Executive - Accounts (IB-Super Premium)

**Group Company**: TVS Motor Company

**Designation**: Executive - Accounts (Exe Acc_FIN - IB)

**Office Location**:Hosur

**Position description**

A MBA (Finance) talent with 5 to 8 years' experience in managing a business unit as executive having sound commercial knowledge, accounting standards and fiscal laws. Exposure to various accounting functions including stint in audit. Eye for details and courage to adhere to processes and say "no" when required.

**Primary Responsibilities**:

- Timely accounting of collection received from Domestic and export dealers.
- Timely accounting of collection received from Domestic and export dealers ii) Proper clearing of Payment against the invoice and follow up for the pending items.
- Making necessary provision / debit note entry (warranty, one time collection etc)
- Monthly reconciliation of dealer account and getting confirmation from Distributor
- Daily updating of collection and preparation of Aging report and communication to management
- Regular follow up with Overseas distributor for pending payments
- Warranty reconciliation and making payment immediately on receipt of debit note.
- Trigger invoices (Vehicle, Spare, onetime payment) immediately on receipt of the necessary documents
- Monitoring of dealer B2B system and do necessary action in TVS system.
- Timely submission of document to bank mapping the IRM no against each invoice
- Submission of export documents (invoice, shipping bill, BL) to bank along with covering letter
- Tracking the acknowledgment number and ensure that EBRC issued.
- Submission of necessary document to close export obligation for one-time payments
- Preparation of Spare parts price as per the agreed formula by comparing the actual cost / BOM cost.
- Validation of contribution received on each spare parts to highlight to the management for necessary action.
- Tracking the purchase order received from distributor and ensure that billing happening as per the Purchase order.
- Ensure that proper system is in place to avoid any mismatch in PO and invoice.
- Preparation of model wise BOM for billing and ensure Vehicle PO received and updated correctly in system.
- Preparation of monthly contribution analysis
- Preparation of presentation for easy reference and communication to management
- Track over different contract to ensure that all the payment and finance related clauses are adhered.

**Additional Responsibilities**:

- Timely accounting of collection from Distributor
- Reconciliation of Dealer account and communication to distributor
- Preparation of pricing workout for OE and Spare parts and validation of Purchase order
- Analysis of vehicle and spare parts contribution, support for business case preparation etc. good knowledge in PPT and Excel
- Closure of export obligation


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