Assistant Manager - Accounts
Mumbai, MH, IN
External Job Description
Job Purpose:
• Be responsible for Order to cash process (O2C) of the Company –
o To drive accurate financial reporting - revenue recognition, effective monitoring of discounts and schemes, collection management and receivable reporting in partnering with sales and business teams.
o To maintain cost records and be responsible for ensuring effective closure of cost audit review by Cost Auditors with no major observations.
o To partner with the business in designing new processes to take care of evolving business need, ensuring operational excellence with keeping controls in mind.
o To ensure adequate controls (IFC & ICFR) are designed appropriately and are operating effectively with the changing business need.
Business Responsibility Areas:
• Reviewing/Handling revenue recognition as per Ind AS 115
• Reviewing and accounting of discounts given by the company to its trade partners as per Ind As 115
• Reviewing of provisions policy related to receivables and evaluating it as per Ind As 109
• Monitoring Dealer Bill Clearance system of the Company and interaction with internal IT teams
• Responsible for Accounts Receivable MIS reports
• Handling cost records preparation of Asian Paints Limited
• Ensuring adherence to internal controls and compliance with company policies.
• Driving IT initiatives in the area and achieving stated objectives as per initial design
• Interact and collaborate strongly with Sales functions for common objectives
• Drive trending and accounting hygiene areas of activities handled by the team. Capability to deep dive into data, identify root cause of accounting variances and enable timely resolution and improved controls.
• Liaise with Internal auditors / Statutory Auditors / Cost Auditors to ensure smooth closure.
Education: M.com/CA Inter/ICWA
Work Experience: 8+ Years of work experience in the field of accounts