Responsibilities & Key Deliverables

A) Cashflow Planning and Management: -
a) Daily Funding, Its Utilization for Local & Import Payments
- Obtaining of Daily Requirement of Funds, Liasoning with Corporate Finance
- Comparison with Actual Payment on Daily basis & Control Actions
b) Cash Flow Forecast & Actuals for Auto Division of M&M/Other Consolidated units division
      - Monthly projection of cashflow for Direct Material Vendor Payment, comparison with 
         Actuals with Variances and reasoning
- Co-ordination with Sector Accounts/other departments for inputs and variances
B) Local Payments & Creditors Management: -
a) Payment Activity:
     - Reviewing Daily Payment Processing from SAP
     - Lisoning with Banks or other departments, Obtain IT support in case of any issues etc.

b) Vendor Queries relating to payments, Deduction details, TDS Certificates etc.
    - Solution to vendor queries for payment or related issues
    - Co-ordination with Sourcing /Supply Chain team for smooth vendor relationships

c) Vendor Ageing - Monitoring & clearing books w.r.t. clear
d) co ordinating with SSU team on Vendor BD/BAS payment
C) Import Payments Management: -
a) Daily Payment processing Review
- Reviewing Processing of Import documents (Advance/LC issuance/amendment etc.) by 
  thoroughly checking the documents
- Liasoning with Banks & Import Desk
- Resolving Discrepancies in documents & queries from Banks for payment execution

b) Payment Entries for Auto Sector
-  Keeping track of posting of payment entries for Import payments released on monthly basis
- Adhering to the management deadlines for passing entries

c) Finance Activity - Dealing with Corporate Finance for Forex Rates
d) Reconciliation – IDPMS(ORM/BoE)-Import Data Processing & Monitoring System (w.r.t. BOE)
   - Follow up with Import Desk & Capital Purchase for necessary documentation for closer

D) MIS: -
a) Creditors MIS (Local & Imports) like Debtors Ageing, etc.
b) BAS/Bill Discounting Payment & interest reconciliation
c) MIS for Financial Impacts for payment
d) Ad hoc requirement

E) Process Automation and Improvements: - 
 a) Proactive Implementation of RPA Processes in payment run through UI-Path tool for by identifying 
     the areas for automation like:

i) MSME Vendors
ii) Bill Discounting/Hundi Uploads on Bank Portal.
iii) Employee reimbursement
b)      RPA Implementation payment proposals.
c)       Supporting CoE Lead for Centralisation of Activities and consolidation

Experience

5+ yrs. experience with Excel /SAP knowledge

Industry Preferred

Qualifications

General Requirements