Deputy Manager - Accounts Payable

Job Purpose
Payout computation for various Business partners like Franchisees, BSB, BANCA, DRA, PMS, MF, CROSS-SELL.
INCENTIVE computation: Validating incentive computation and Accounting.
Validate Revenue Reversal request, compute reversals and Accounting.
Accounting & Operating activity pertaining to NEW BP, Scheme terms of BP, Closure & settlement.
PAYOUT MIS & Dash Board Preparation.
Job Context & Major Challenges
Job Context/Job Challenges
Job Context:
The job holder is responsible to ensure accurate computation of pay-out of BP, BSB, PMS,BANCA through Wedge, after collecting data from multiple departments and co-ordinating with IT .
Computations need to be verified and accounting in the system before payout is released to the BPs.
The above are time bound activity and need to be completed at the same point of time to ensure smooth book closure.
Periodic MIS to internal and external stakeholders. Responsible for conducting reconciliations, ledger reviews, initiate automation requests, preparing data dump to meet audit requirements.
The major challenges are in collating data immediately after month closure and validating the multiple processes involved in the automation module. Timely release of payment to the BPs and credit note circulation in PORTAL.
Key Result Areas
KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)
KRA1 Mutual Fund Income Booking Mumbai team coordination and download the file from RTA Site
KRA2 PMS Income Booking Orbis team and PMS In charge of Mumbai.
KRA3 DP Income Booking Data receive from DP Department.
KRA4 Two days Income Booking Data from LD application.
KRA5 Franchisee Dash Board Manual and IT team coordination.
KRA6 DP Income Booking Data receive from DP Department.
KRA7 Two days Income Booking Data from LD application.
KRA8 Debtors Ageing Reporting Data from LD application.

Work arrangement
No