Verified Job
Accounting - Finance
Accounts Payable and Receivable
Accounting - Finance
#665809
Remote / WFH
Job Description
Job description
**Lacation
- Andheri East**
• *Days of Working - Monday to Saturday (work from Offfice)**
• *Shift timing
- 10am to 7pm**
• *Key Responsibilities / Accountabilities**
• *PAYABLE RESPONSIBILITY:
- **
Review of verification of invoices by team
To ensure that there is a 3-way match in all invoices, and they are duly authorized Ensuring correct recording of expenses and purchases
Weekly review of trial balance
Ensuring correct input credit for indirect taxes is taken as per audit
Reverse charge / service tax retention to be accounted along with relevant expenses.
Ensuring correct deduction and recording of TDS as per audit
Fortnightly ageing report duly generated and shared with all internal stakeholders.
Recording of payment in cheques in-hand account
Update payment report (i.e. payment details updated in creditors ageing report) regularly. Update fund statement report regularly
Payments with reference to fund planning statement
Quarterly Balance confirmation and reconciliation with vendors
At the time of creditors ageing - generating list of advances and follow up regularly for settlement.
Month end review of trial balance and updating of expense wise work papers.
Raising queries with concerned stakeholder for any discrepancy between budget, contract, PO and WO
Keeping track of expenses and providing same for monthly MIS
Ensuring provision entries for expenses are duly reversed
To understand completely & conform to all policies, procedures, standards, specifications, guidelines and training programs.
To give unconditional support to new openings for all RSC team members
To report for duty punctually wearing appropriate attire
To be fully conversant with the geographical layout of the operation
To maintain high standards of personal appearance and hygiene at all times
Follow clean-as-you-go policy and keep work area clean at all times.
To maintain a good rapport and working relationship with units, HO and all other departments and suppliers
To provide courteous, professional, attentive and efficient service at all times towards internal & external customers
To attend and contribute to functional and inter-functional meetings and other related activities
Be willing and open to transfer across companies / locations as per work exigencies
Be open to cross functional training/movement at all times
To carry out any other duties and responsibilities as assigned
Be fully conversant with our departmental / inter-departmental processes’ Quality checks, and Fire safety procedures
• *RECEIVABLE RESPONSIBILITY:
- **
Up-to-date unit wise sales reconciliation sheets duly tying with monthly POS report
Recording of daily sales received through credit card, online gateway, cash sales, vouchers
- post-paid and prepaid
Recording of commission and TDS on commission of Groupon, GIU and other online portal
Reconciliation of payment collected on behalf of company by online portal eg., Groupon etc.
Classification of revenue and taxes with correct heads
Settlement of entries
POS interface with tally - automation initiative within 3 months
Recording of correct taxes on sales
Up-to-date unit wise sales reconciliation sheets duly tying with monthly POS report
Recording of daily sales received through credit card, online gateway, cash sales, vouchers
- post-paid and prepaid
Recording of commission and TDS on commission of Groupon, GIU and other online portal
Reconciliation of payment collected on behalf of company by online portal eg., Groupon etc.
Classification of revenue and taxes with correct heads
Settlement of entries
POS interface with tally - automation initiative within 3 months
Recording of correct taxes on sales
Gift vouchers inventory and log maintenance along with redemption of settled coupon / vouchers
No unusual balances in control ledgers
Weekly consolidated city ledger report
All sales related commission expenses tying with respective sales channel
Up to date voucher tracking sheet duly tied with month-end inventory
Daily bank reconciliations generated by team and reviewed by Sr. Executive - AR. Weekly bank reconciliation reviewed by FC
Reviewing and rectifying the same for large, old or unusual items
Ensuring cash pick up on daily basis by the CMS agency and the same amount of sales in cash to be deposited
No cash sales to be utilized for petty cash payment
Review of all applicable bank charges related to revenue
Monthly updated summary of credit notes receivable tied up with vendor agreements and debit notes raised and recorded.
Review of Insurance related expenses and ensuring all insurance is renewed on a timely basis
Up to date tracker of insurance
Daily cashier report to be received and reviewed for any abnormal transactions.
Interview and brief training of new cashiers
Setting up of cashiering function at new units
Coordination with bank / cash collection agencies to ensure all queries are resolved in a timely manner
**Lacation
- Andheri East**
• *Days of Working - Monday to Saturday (work from Offfice)**
• *Shift timing
- 10am to 7pm**
• *Key Responsibilities / Accountabilities**
• *PAYABLE RESPONSIBILITY:
- **
Review of verification of invoices by team
To ensure that there is a 3-way match in all invoices, and they are duly authorized Ensuring correct recording of expenses and purchases
Weekly review of trial balance
Ensuring correct input credit for indirect taxes is taken as per audit
Reverse charge / service tax retention to be accounted along with relevant expenses.
Ensuring correct deduction and recording of TDS as per audit
Fortnightly ageing report duly generated and shared with all internal stakeholders.
Recording of payment in cheques in-hand account
Update payment report (i.e. payment details updated in creditors ageing report) regularly. Update fund statement report regularly
Payments with reference to fund planning statement
Quarterly Balance confirmation and reconciliation with vendors
At the time of creditors ageing - generating list of advances and follow up regularly for settlement.
Month end review of trial balance and updating of expense wise work papers.
Raising queries with concerned stakeholder for any discrepancy between budget, contract, PO and WO
Keeping track of expenses and providing same for monthly MIS
Ensuring provision entries for expenses are duly reversed
To understand completely & conform to all policies, procedures, standards, specifications, guidelines and training programs.
To give unconditional support to new openings for all RSC team members
To report for duty punctually wearing appropriate attire
To be fully conversant with the geographical layout of the operation
To maintain high standards of personal appearance and hygiene at all times
Follow clean-as-you-go policy and keep work area clean at all times.
To maintain a good rapport and working relationship with units, HO and all other departments and suppliers
To provide courteous, professional, attentive and efficient service at all times towards internal & external customers
To attend and contribute to functional and inter-functional meetings and other related activities
Be willing and open to transfer across companies / locations as per work exigencies
Be open to cross functional training/movement at all times
To carry out any other duties and responsibilities as assigned
Be fully conversant with our departmental / inter-departmental processes’ Quality checks, and Fire safety procedures
• *RECEIVABLE RESPONSIBILITY:
- **
Up-to-date unit wise sales reconciliation sheets duly tying with monthly POS report
Recording of daily sales received through credit card, online gateway, cash sales, vouchers
- post-paid and prepaid
Recording of commission and TDS on commission of Groupon, GIU and other online portal
Reconciliation of payment collected on behalf of company by online portal eg., Groupon etc.
Classification of revenue and taxes with correct heads
Settlement of entries
POS interface with tally - automation initiative within 3 months
Recording of correct taxes on sales
Up-to-date unit wise sales reconciliation sheets duly tying with monthly POS report
Recording of daily sales received through credit card, online gateway, cash sales, vouchers
- post-paid and prepaid
Recording of commission and TDS on commission of Groupon, GIU and other online portal
Reconciliation of payment collected on behalf of company by online portal eg., Groupon etc.
Classification of revenue and taxes with correct heads
Settlement of entries
POS interface with tally - automation initiative within 3 months
Recording of correct taxes on sales
Gift vouchers inventory and log maintenance along with redemption of settled coupon / vouchers
No unusual balances in control ledgers
Weekly consolidated city ledger report
All sales related commission expenses tying with respective sales channel
Up to date voucher tracking sheet duly tied with month-end inventory
Daily bank reconciliations generated by team and reviewed by Sr. Executive - AR. Weekly bank reconciliation reviewed by FC
Reviewing and rectifying the same for large, old or unusual items
Ensuring cash pick up on daily basis by the CMS agency and the same amount of sales in cash to be deposited
No cash sales to be utilized for petty cash payment
Review of all applicable bank charges related to revenue
Monthly updated summary of credit notes receivable tied up with vendor agreements and debit notes raised and recorded.
Review of Insurance related expenses and ensuring all insurance is renewed on a timely basis
Up to date tracker of insurance
Daily cashier report to be received and reviewed for any abnormal transactions.
Interview and brief training of new cashiers
Setting up of cashiering function at new units
Coordination with bank / cash collection agencies to ensure all queries are resolved in a timely manner
