Business Support and Analytics - Analytics on expenses and benchmarking of the cost.
- Waste elimination / cost optimization initiatives through in-depth analysis of Opex Spend.
- Provide cost effective, simplified and timely support to business teams in review of various agreements.
- Process Simplifications and elimination of manual process or strengthen existing process.
Controlling & Period Closure - Review and ensure completeness of
- Export Benefit Accruals
- Provisions for Central Functions
- Intercompany reconciliation / STO's reconciliation
- GRIR & GST liability
- Review of non-core Inventory reconciliation, accounting & provisioning, Inventory insights and analytics,
- Maintaining the FSCP checklist
- Periodical review of schedules for the balance sheet items
- Review of all contingencies and make the necessary provisions
- Ensure the compliance to IFRS, Ind AS and other accounting guidelines
- All the internal accounting policies, SOPs and DOA need to be adhered to
- Review of non-routine transactions of GMO and present in the appropriate forum.
- Review of the P2P and R2R activities-
- Review of Invoice processing and release of payments to vendors
- Inter Company Credit/debit notes accounting
- Customer Credit/debit Notes Accounting
- Foreign Payments Coordination.
Operating Expense review, MIS, Control. - Review and reporting operating expenses in line with Budget and control.
- Monthly analytical review of Opex with insights and reasons for deviations
- Review of Opex Budget for the Common Functions i.e. FTO-Common, CTO-Common and GMO-Common and conduct reviews with Cost Center Head
- Brainstorming with GMO team in identifying the potential savings opportunities as a part of Operational Diagnostic workshop.
- Review of the savings and highlighting the gaps against plans in order to improve the overall profitability.
SPOC (Single Point of Contact): Audits & Compliance - Handling and supporting information as required by statutory auditors.
- Support for Internal audits, Management testing and walkthroughs for SOX at the Plant.
- Review of subsidiary / JVs accounts and compliance (controlled by GMO)
- Review and facilitate execution of legal documents such as SLAs.
People Management and Capability Building - Identify the training needs & career development of the team
- Guide and mentor Team members
- Identify the training requirements in order to ensure high performance of the team
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