Finance Team Lead: GL & Fixed Asset Operations

Title: Team Lead – ATR.ATR Shared Services-Finance

Job Summary

• Handle delivery of GL & FA process, managing on time and accurate delivery of General Ledger (GL) & Fixed Asset (FA) related business processes and related services for all Business Units of IFFCO group.
• Monitor self-performance based on established KPIs and SLAs.

Roles & Responsibilities

1.Transaction Processing:

• Ensure proper receipt of original document from SBU and other SSU for preparing the journal entry.
• Ensure accuracy of the supporting documents and ensure all in order and prepare the Journal entry based on instructions on the documents.
• Park the entry in Oracle ERP and initiate approval from SBU/ Entity.
• Ensure compliance with the TAT and other KPI/ SLA’s.
• Post the journal entries in Oracle ERP

2.Period End Closing:

• Extract and compare the details from Oracle ERP and other systems.
• Prepare debit or credit notes or adjustments entry based on review and comparison.
• Prepare the final inter-company reconciliations and forward to group for review and approval.
• Correct errors in Oracle ERP based on information and documents from other departments approved by the respective department heads.
• Oracle ERP closures for period-ends

3.Statutory & Regulatory Reporting:

• Extract the Trial Balance, Balance Sheet and P&L account for each entity and obtain their approval.
• Ensure proper receipt of inputs from the entities regarding the financials and make changes, correction based on approvals

4.Management reporting and analysis:

• Extract and provide data timely and accurately to management as requested

5.External Audits:

• Support in preparation of all audit related schedules and reports within specific time period

KPIs

• Number of queries
• Average time taken to process queries
• Number of outstanding queries at period end
• Percentage of queries answered within targeted time.
• Days to produce accounts
• Manual Journal entries per period

Work experience requirement

• Minimum of 2 years of experience in a similar or related role
• Total work experinece of 7 to 8 yrs in manufacturing unit

Qualification

• Graduate in Finance
• Part or fully qualified student of a recognized professional Institute such as CFA, ICWA, CMA etc.

Competencies

• Financial Transaction Processing
• General Ledger Management
• Oracle/SAP ERP
• Financial Compliance
• Advanced Excel
• Communicating effectively
• Self and Team Management
• Planning & Decision Making
• Customer Centricity
• Ownership & Result Orientation

Business Unit: Corporate-Finance (4198)

Business Group: Finance (234)

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