- Prepare and process purchase orders, invoices, cheque requests, manual cheques and contract payments.
- Ensuring to receive purchase orders, and to match with the invoices before proceeding payment.
- Reviews and verifies purchasing and accounts payable transactions prior to posting into the system.
- Checking cost code accounts for closing month purposes.
- Arranging and contacting the banks for any discrepancies or delays at documentation.
- Monitor and guide the work of assistant accountant.
- Analyse, interpret and provide internal distribution of financial information in order to appraise operating results in terms of profitability and performance against budget.
- Develop accurate and timely cash flow data, both current and forecasted as compared to initial projections.
- Coordinate and manage all debt collection efforts to improve debtor days.
- Assist in overseeing determination of bad debt provision and write off recommendations.
- Responsible for ensuring that all invoices are prepared in a timely and accurate manner. Invoicing risks or issues are identified with stakeholders to provide mutual resolution.
- Develop and maintain effective working relationships with key internal and external stakeholders across various areas to resolve any and all issues relating to outstanding debt.
- Develop Finance Work Flow Matrix.
- Preparing management response for Internal Audit Reports.
- Review of general ledger, trial balance and balance sheet.
- Ensure all transactions are recorded properly as per IFRS. Identify variations in accounts and recommend corrective actions. Ensure provision is adequate.
- Preparing quarterly letters for balance confirmation for sub-contractors.
- Keeping track of Monthly/Quarterly reports for Management.
- Preparing templates and Memos as and when required (like- emergency purchase, petty cash)
- At all times carrying out responsibilities within the framework of NMDC’s policy.
This is a generalist view of a Job that you have been assigned for – at times you will be asked to do above/beyond the scope of this role due to Operational requirements.
Educational Qualifications & Certifications;Bachelor Degree in Commerce, Business Accounting or equivalent. Certification: CA, ACCA or CPA is an advantage, additional certifications and affiliations are beneficial.Function specific experienceInvoice Administration, Document Controlling experienceThe ability to multi-task and work independently in a fast-paced environmentKnowledge of finance and accounting (including Generally Accepted Accounting Principles / GAAP)Knowledge of financial and accounting software applications.Able to provide gap analysis and recommend corrective actions.Knowledge of process flow chart Industry related experienceFinance, Marine Construction and/or Oil & Gas related experience