Job Purpose

The job holder Under the supervision of Controller performs highly Professional accounting task within the area of assignment. The job holder is responsible to handle the various financial accounting matters pertaining to Treasury, GL, reporting, project accounting, governance and systems role of an individual company or a group of companies in line with the policies and procedures as agreed and directed by the Controller.

Principal Accountabilities

Project Accounting

• Responsible to issue monthly status report on project capitalization to various business units.
• Ensure that monthly review meetings are arranged with the business units and engineering team to identify commissioned projects and ensure its capitalization.
• Responsible to create asset upload form by collating and analysing data related to various projects and summarize the same under the relevant asset class.
• Responsible to capitalize the completed projects by uploading the asset forms.
• Responsible to verify that asset write off submitted by the business are in agreement with FA register and forward the same for approval after obtaining Controller's endorsement.
• Arrange periodic meeting with business and GFS to clear all pending reconciliation differences noticed during physical verification of assets.
• Submit Capex report to the Group as per the deadline and provide additional information as required.

Financial Accounting

• Responsible to pass relevant treasury journals as part of the month end closure.
• Responsible to coordinate with business units to collate month end data for preparing journals to support GL closure.
• Responsible to provide accounting charge codes to various business units for direct booking of invoices.
• Identify the commissioned projects which are pending to be capitalized and provide manual depreciation based on its useful life.

Treasury Management

• Responsible to prepare cash flow forecast highlighting the working capital requirements in terms of investing and borrowing funds from Group Treasury.

Insurance & Claims administration

• Responsible to provide all insurable asset values and periodic declarations as applicable to Group Insurance.
• Responsible to coordinate with the business and obtain necessary details for timely insurance of all newly commissioned sites.

Audit

• Support the Finance controller in finalization of various audit assignments such as internal, external and Agreed Upon Procedures (AUP) audits by preparing assigned audit schedules and disclosures.
• Responsible to prepare and submit group reporting forms as art of the Group consolidation timelines for controller's review.

Compliance and control

• Ensure that all day to day transactions are done in line with the approved DOA and highlight any exceptions to the line Manager

Systems Review

• Support Controller in projects that require Finance inputs from transaction monitoring and control.
• Perform User Acceptance Testing for the system developed.

Special Assignments

• Assist the Finance controller — Financial Accounting & Systems with ad-hoc projects and special assignments

Minimum Requirements

Educational Qualification: Finance & Accounting

Experience: 5 to 6 years