Support Payables 7

Key Responsibilities / Tasks / Activities
Process GRNs related to project materials, bulk materials, fuel, and inter-unit transactions in a timely and accurate manner.
Verify and process supplier invoices, service freight bills, and third-party freight payments as per company policies.
Prepare monthly vouchers for medical recoveries and safety penalties recoverable from R&M suppliers.
Process advance payments against ABG and release payments against PBG after necessary verification of retention accounts.
Compute and account for monthly finance costs and related financial entries.
Monitor supplier liabilities, reconcile store allocations with General Ledger balances, and track slow-moving inventory.
Conduct quarterly supplier account reconciliations and resolve outstanding discrepancies.
Prepare monthly fuel consumption and monitoring reports and submit them to the Central Procurement Team.
Manage inter-unit accounting activities including GRN processing, Journal Voucher posting, and stock balancing.
Prepare Form 15CA/15CB documentation and related records for foreign payments and buyer's credit transactions.
Prepare Material Issue Vouchers (MIVs) for stationery and general consumables and raise departmental indents as required.
Participate in monthly physical verification of Work-in-Progress (WIP) and Finished Goods (FG) inventory and ensure proper accounting of variances.
Prepare month-end stores accounting data and support periodic financial closing activities.
Pass year-end provision entries related to TDS on buyer's credit interest and other assigned provisions.
Maintain employee bank details and finance vendor master records in Oracle ERP.
Account for insurance-related transactions including prepaid expense booking and periodic expense adjustments.
Support Accounts Payable digitalization initiatives and process improvement projects.
Provide timely MIS reports, audit schedules, reconciliations, and supporting documents to internal and external auditors.
Ensure compliance with company policies, accounting standards, statutory requirements, and internal control procedures.

Work arrangement
No