Overview
Team Manager – FC&A Jobs in Navi Mumbai, Maharashtra, India at Reliance Industries Limited
Title: Team Manager – FC&A
Company: Reliance Industries Limited
Location: Navi Mumbai, Maharashtra, India
Skills:Accounts Payable (AP), Vendor Management, Payments, GST, Purchase Orders, Taxation,
Key Responsibilities
Ensure timely processing of INR invoices, ensuring the invoices are processed correctly and error free taking into account the terms and conditions of contracts / orders, as per measurements certified, GRN, process invoices as per accounting process and policies.
Ensure on time payment to FX supply vendors as per PO inco Term on arrival of goods at Port or Airport, on time processing of duty IV on request of EXIM depart for customs duty payment on arrival of consignment to avoid any Penalty or demurrage, on time FX service payments as per statutory compliance and creating the IGST liability in the books under RCM, ensuring CHA and Logistic related bills processing and payment on time.
Making Insurance Premium payments, follow up with CIC team for invoices against advances paid, monthly CD reconciliation, processing of Insurance Invoices after taking usage/ITC/accounting details from IDT and Site FC&A. Posting monthly prepaid entry, GL clearing, GST reconciliation etc.
Review the Purchase Order / Contracts and ensure proper control with reference to payment processing.
Ensure Compliance with reference to Indirect and direct taxes.
Ageing analysis of Liabilities and Advances, Periodic clearing of Liabilities and Advances
Recommendation for write off / write back of old liabilities for Management / Stakeholders decision.
Providing logic/ advisory/ functional support to resolve any SAP issues and also advise for any enhancement / automation of process arising out of Issues.
Providing effective support to Business / Project / Treasury / Accounts group
Attending / Support to LoD 3 audits / JV Audits / Partner Audit / Govt Audit / RIL Statutory Auditor Queries periodically
Review & Understanding of Contracts for payment & control purposes.
Ensure correctness of IVs Processed by the team members.
Ensure Processing of YEXP and YINV invoices correctly and timely
Review and submission of Cash Call Reports timely.
Co-ordination with Banking and DT/IDT/Import
Review and finalisation of Estimates and accruals Monthly Provisions
Ensure posting of GST – Remittable Posting / Clearing Monthly
Vendor Analysis & GR/IR Analysis Monthly
Coordination with users, pre-validation team, Direct & Indirect Taxation teams, Banking as per need and requirements
