Financial Operations Specialist
3 weeks ago
Vodafone Idea Limited, an Aditya Birla Group and Vodafone partnership, is seeking an experienced Financial Operations Specialist to join its team. The ideal candidate will be responsible for ensuring the detailed review and control over Financial Operations of Corporate Books. This includes Finalisation of Corporate TB, proper allocation of Corporate Cost, Managing Accounts Payable (including various Centralised Expenses), reviewing Fixed Assets reporting, ensuring statutory compliances (TDS, GST), ICFR and Managing all kinds of audit. Additionally, the role requires PAN India Payroll Accounting and Reporting, and Compliance related to GST and TDS for Corporate. Control over GST Input Credit and timely resolution of mismatch cases in co-ordination with user department, SSC and Vendors (as required)
Key Responsibilities
- Monthly Closing of Corporate Books with BS/PL Variance Analysis as per MEC timelines given by Corporate Reporting Team.
- Corporate Cost Allocation to Circles.
- Review of provisions, Creditors, Advances, Accruals as per AGP and Security Deposits
- Timely payments to Vendors (Accounts Payable) as per DoA within TAT which includes Centralised Advertising and Publicity, Centralised IT, Centralised SD Expenses, Centralised Tax (DT/IDT), Digital and Enterprise business related expenses. This includes foreign as well as domestic payments (Both OPEX and CAPEX).
- Need to be clear all urgent and critical payment as per management instruction proactively in co-ordinate with all stakeholdrs.
- CLA SD Payments, SLT members Credit card Payment, Admin & HR payments.
- Legal and Professional expenses to be monitored in detailed with full details and understanding.
- Co-ordinating with Corporate Affairs Team for their vendor payments.
- Ensuring no duplicate/excess payments and no unutilized TDS on provisions. Timely getting Invoices against advance payments.
- Fixed Assets Accounting and Reporting (including IBM Assets under IT Contract), AUC provisioning, Disposal/Transfer of assets, IT Commitment cost for NTA.
- PAN India Payroll Accounting and Reporting in co-ordination with HRSSC
- Compliances related to GST and TDS for Corporate. Control over GST Input Credit and timely resolution of mismatch cases in co-ordination with user department, SSC and Vendors (as required)
- Compliance related to ICFR, Statutory Audit and Tax Audit. Timely response to audit team with proper co-ordination.
- Business partnering with various departments for any new business proposals, understanding deals 360 degree and then guiding users with requirements of Accrual Reporting, GST and TDS related guidance, and cost allocation ratio inputs etc.
- Continuously looking for process automation and digital initiatives for better efficiencies.
- Keep Team Motivated and ensuring rotation of jobs.
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