Technical Manager
2 weeks ago
Altius
is a leading telecom infrastructure platform in India, with a vast portfolio of telecom sites and solutions that connect millions of Indians to content, enterprises, and essential services. The company supports a range of telecom technologies, from 2G to 5G, IoT, small cells, and AI applications. Altius offers innovative solutions like Macro Towers, In-Building Solutions, Small Cells, and Power & Space solutions for mobile network operators.
Key Job Responsibilities :
- For ensuring correct calculation and reporting of RER/Straight Lining as per Ind-AS 116 (Lease Accounting)
- For ensuring correct calculation and reporting of Future Committed Revenue in Notes to Accounts
- Review of New MSA's for the purpose of Sox Compliance (Contract Review and Lease Classification) as per Ind-AS 115 (Revenue Recognition) & 116 (Lease Accounting)
- Control on Revenue by Accurate Validation of Credit Notes based on MSA to resolve the disputes/deductions made by customers
- Performing the Financial Reconciliations with Customers (B2B)
- Preparation of Audit Schedules and Sox/IFC Compliance related Schedules.
- Ensure Sox & IFC Compliances as per Company's Policy and as per Accounting Standards Ind-AS 115 (Revenue Recognition) and Ind-AS 116 (Lease Accounting)
- Ensure Timely and Accurate Calculation of RER (Revenue Equalization Reserve) as per IGAAP as well as as per IFRS on quarterly basis
- Ensure Timely and Accurate Calculation of Future Committed Revenue as per IGAAP as well as as per IFRS on quarterly basis
- Cycle Testing of Samples Selected based on underlying documents and preparation of extrapolation file and Memo on RER
- Perform Review of Contracts with Customer (Lease and Non-Lease) Ensuring Correct GL Codes for Accurate Reporting
- Classification of Lease into Operating Lease and Finance Lease as per Accounting Standards
- Preparation of Financial Reconciliation with Customers
- Carry out a detailed customer account reconciliation exercise on a quarterly basis to identify whether there are any gaps between the customer account balance as per the records of Altius and as per the records of customer
- Alignment with customer and getting the sign off in order to maintain a single version of truth with regard to account balances
- For gaps identified, align the actionable with respective team within Altius (Collection, Sales, Energy, O&M, Deployment, Billing, RA Etc.)
- Do regular follow-up for closure of open reco items with respective stakeholders
- Control on Revenue Leakages by Validation and Approval of Credit Notes initiated by Collection Team to close the disputes raised by Customers
- Interaction with External Team like: RA, Billing, Sales, IT and Internal Audit (Sox & IFC)
- Interaction with Internal Team like: Customers and Statutory Auditors.
- CA with minimum 4-5 years of prior experience in an accounting role, preferably in the same or allied industry (Infrastructure & Telecom Etc).
If you are ready to take on exciting challenges, make a lasting impact, and grow with a team that values excellence, we'd love to hear from you
Join us in our journey to help shape a more sustainable, equitable tomorrow - Apply now
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