Associate Genernal Manager - Finance

Job Description

Detailed Job Description:
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AccountabilitiesKey Performance Indicators
Leading the Accounts Team.

Providing guidance on accounting matters.

Verify accuracy of all accounting by cross checking with BRS, Vendor, Customer ledger balances, recommend necessary action for proper accounting. Ensure proper accounting on timely basis through daily verification of transactions

Ensure timely, accurate and complete financial reporting, Compliance with all regulatory reporting requirements including the requirements relating to the Grantors, reports/certificates to be given to Lenders

Implement and enforce compliance with accounting policies and procedures and internal controls over financial reporting

Review the financial statements and finalise the same

Co-ordinating with statutory, internal auditors and providing clarifications required by them

Providing necessary clarifications to the consolidation team of the Holding Company
Timely completion of Audits
Monthly review of the project cost of the projects under execution, submitting review report to Top Management, tracking the implementation of the suggestions made by Top Management. Alerting the management on the cost overrun . coordinating with the project auditors.
Ensure timely payment of statutory dues, viz TDS, Adv taxes, WCT, VAT, etc,

Ensuring timely compliance of terms of Concession Agreements relating to submission of reports, certificates, payment of concession fee, remittance of negative grants etc. Due date
Managing cash flow of the Sector
Ensure that the toll funds are moved into the HO accounts timely without any loss of time.

Ensure idle funds in Current Accounts are timely invested, Optimise return on surplus funds with the help of treasury support,

Plan the regular cash flow, ensure timely payment and receipts. Plan draw downs of funds for the projects on timely basis. Plan to meet the debt servicing obligations as per facility agreements and organizing funds for the same.

Co-ordinate with sites for release of Grants, recovery of various dues from NHAI etc
Prepare the AOP for the all companies in the sector and Sector level consolidated AOP ,


Conducting, reviewing on monthly variance analysis of revenues and expenditures with the concerned departmental heads and putting the action plan for unfavourable variances

prepare the AOP vs Actuals, analyse variances and submit monthly MIS to management
Timely
Prepare all the required financials, and documents for timely completion of Board Meetings. And support the group companies with the required data for the support (IPO, FPOs etc.,)Timely submission
Ensure that the Accounts Department maintains the documentation systematically to meet the requirements of auditors, taxation and other statutory authorities. Ensure that the documents are moved to storage for archival at regular intervals systematically
Co-ordinating with SAP Team for improvements to be made to the systems and for further automation of the activities.
Monitoring the activities of the Accounts Team of the sites and toll plazas. Monitoring the accounting at the toll plazas. Reviewing the daily toll reports and the remittances made by the plazas.
Develop and maintain professional working relationships with lenders, auditors and other external agencies

Skills Required

The candidate should have 8 - 12 years of experience handling Finance & Accounts for 5 - 6 business units of an Infrastructure company. Experience handling accounts & finance for highways project(s) preferable.

Contact Information