Assistant Officer - Finance

Aditya Birla Group

Oct 16

Applications are closed

Job
Full-time
Mid Level
Accounting & Tax
Banking & Finance
Kolkata

Requirements

To supervise daily on cash inflow and outflow, and monitor daily of payment and arranging fund, export document, BRS of all banks and H.O Reconciliation and stock insurance declaration.
There are four units of Domestic Textiles and each of them has a unique style and model to address the import and export needs, and exercise compliance to guidelines and laws
Cashflow report preparation (Projected and actual) for DT to be shared to CFO DT and updating the JST details in HFM on daily basis
Updation of RBI rate in SAP on daily basis and custom rate as and when published
Monitoring of CC A/c balances with banks to ensure that there is no underutilisation/or over utilisation of CC limits., inter funding done accordingly on regular basis to ensure the same.
Ensure adequate balance is available import payments, statutory payments and electricity bill payments to avoid any delay and penal charges. Required planning to be done well in advance.
Sweep related entries to be posted on daily basis to tally with closing bank balance
Regular work done in relation to:-
Preparation of Sales invoice for Govt. orders as per their standard format
H.O. interunit adjustment entries and Reconciliation
ISD & Cross charge Entries
Passing of travel bill related to Conference and market visit- Related to Fabric division
Monthly Export debtors Aeiging
To run BRS in SAP on regular intervals and to do clearing manually on error items by updating the reference/amount and others
Prepare BRS of all banks and follow up for timely adjustment of unreconciled entries
Reconcile with our corporate office and adjustment of various loan such as ECB Loan, Commercial Paper Loan, Working Capital demand loan
Continuous upgradation of Knowledge related to banking & Forex by attending seminars, online classes etc
Monthly Stock Statement/declaration Submit To Insurance Company.
Adjustment of export related collection entries and misc credit and debit advice on regular basis.
Checking of all domestic collection voucher posted by individual department

Responsibilities

To supervise daily on cash inflow and outflow, and monitor daily of payment and arranging fund, export document, BRS of all banks and H.O Reconciliation and stock insurance declaration.
Cashflow report preparation (Projected and actual) for DT to be shared to CFO DT and updating the JST details in HFM on daily basis
Updation of RBI rate in SAP on daily basis and custom rate as and when published
Monitoring of CC A/c balances with banks to ensure that there is no underutilisation/or over utilisation of CC limits., inter funding done accordingly on regular basis to ensure the same.
Ensure adequate balance is available import payments, statutory payments and electricity bill payments to avoid any delay and penal charges . Required planning to be done well in advance.
Sweep related entries to be posted on daily basis to tally with closing bank balance
Regular work done in relation to:-
Preparation of Sales invoice for Govt. orders as per their standard format
H.O. interunit adjustment entries and Reconciliation
ISD & Cross charge Entries
Passing of travel bill related to Conference and market visit- Related to Fabric division
Monthly Export debtors Aeiging
To run BRS in SAP on regular intervals and to do clearing manually on error items by updating the reference/amount and others
Prepare BRS of all banks and follow up for timely adjustment of unreconciled entries
Reconcile with our corporate office and adjustment of various loan such as ECB Loan, Commercial Paper Loan, Working Capital demand loan
Continuous upgradation of Knowledge related to banking & Forex by attending seminars, online classes etc
Monthly Stock Statement/declaration Submit To Insurance Company.
Adjustment of export related collection entries and misc credit and debit advice on regular basis.
Checking of all domestic collection voucher posted by individual department

FAQs

What are the primary responsibilities of the Assistant Officer - Finance?

The primary responsibilities include supervising cash inflow and outflow, monitoring payments, arranging funds, handling export documents, performing bank reconciliations, and managing stock insurance declarations.

How often will I need to prepare cashflow reports?

You will need to prepare cashflow reports (projected and actual) on a daily basis to share with the CFO of Domestic Textiles.

Will I be responsible for monitoring CC account balances?

Yes, you will be responsible for monitoring CC account balances to ensure there is no underutilization or overutilization of limits and to manage inter-funding accordingly.

What type of government-related paperwork will I handle?

You will prepare sales invoices for government orders, manage inter-unit adjustment entries and reconciliations, and process travel bills related to the Fabric division.

How frequently will I perform bank reconciliations?

You will run bank reconciliation statements (BRS) in SAP regularly and manually clear any error items as necessary.

Is knowledge upgrading in banking and forex expected?

Yes, continuous knowledge upgrading related to banking and forex is expected, which can be pursued through seminars and online classes.

What role do I play in stock insurance?

You will be responsible for submitting the monthly stock statement and declaration to the insurance company.

Am I involved in export-related tasks?

Yes, you will handle adjustments for export-related collections, as well as manage miscellaneous credit and debit advice regularly.

Will I need to collaborate with other departments?

Yes, you will check all domestic collection vouchers posted by individual departments as part of your responsibilities.

Aditya Birla Group

Manufacturing & Electronics

Industry

10,001+

Employees

Mission & Purpose

We are Big In Your Life. A journey like no other. Offering innovative products and services, reaching out to millions globally, adding value and adding purpose. As a global industrial powerhouse, we impact millions of lives daily. A global conglomerate, Aditya Birla Group is in the League of Fortune 500, anchored by an extraordinary force of over 187,000 employees belonging to 100 nationalities across 41 countries. We are Big In Your Life through a myriad of offerings, from aluminium beverage cans to construction materials, fashion wear, tyres and plastics, voice and data services, and much more. Our seven decade-long growth journey is underpinned by our philosophy of responsible business practices and stakeholder value creation. Today, Aditya Birla Group businesses are global powerhouses across sectors such as metals, pulp and fibre, chemicals, textiles, carbon black, telecom and cement. Our overseas operations across North America and South America, Europe, Africa and Asia account for 50% of the Group's revenues. We are an employer of choice and were named the 'AON Best Employer in India' for 2018 - the third time in the last seven years.