Accounts:
• Bank receipts entries on head office level by comparing the receipts actually hit into bank and making necessary postings.
• Analysis of daily bank positioning, pending payments analysis, and funds utilization from respective banks.
• Maintenance of monthly retainer ship & expenses, supervision of their accruals, and proper booking.
• Timely release of payments to vendors and service providers after obtaining necessary approvals.
• Receipt of expense reimbursement, lower portion expenses, verification obtaining from relevant authorities, and releasing of payments.
• Monitoring & placement of cash advances for offices and petty cash and booking of expense against the same.
• Preparation of monthly bank reconciliation, its approvals, and reporting.
• Reporting of expenses and financial statements balances for month end closure and trial balance preparation.
• Making improvements in existing accounts / finance structure / methods of operations.
Finance:
• Maintenance of bank accounts, supervision of coordination with banks and ensuring timely service by respective banks.
• Cumulating daily bank positioning by checking the daily, bank receipts and payments of the previous day and planning with Manager Finance / Accounts for funds utilization & shortages.
• Bank Recons elation
Sales and Recoveries
• Reconciliation of corporate sales accounts, submission for review and approval.
• Maintaining of Vendor Master data, and creation of new vendor after due approval process.
• Preparation of corporate customers (new customer) data requirements as per sales department pitches.
Taxation and Monthly Returns
• Posting of online monthly tax withheld statements & payment releases.
• Calculation of payment of customer's sales receipts and posting of necessary tax statements and payment releases.
Payroll:
• Receipts of monthly attendances, details of advances to employees and any other deductions.
• Preparation of monthly payroll on the basis of above, ensuring correct monthly advance against salary deductions.
• Preparation of monthly taxable salary sheets, necessary tax deductions and approvals.