Responsible for all products financial controls (Vegoil, Grains, Coffee, Cotton & Sugar). The key responsibilities are as below
Approval for Direct Expense invoices.
Approval for Direct Expense payments.
Accrual for Direct Expenses.
Monitoring of Margin & MTM for futures trades.
Monthly Futures PNL reconciliation & confirmation.
Trail Balance review upto GP level.
Daily verification of Position & upload.
Follow-up for overdue payments.
Monitoring of Credit limits.
Periodic Inventory Reconciliation for all products.
MTM working & accounting for Forex.
Supporting in budget preparation.
Preparation of Variance analysis & identifying reasons for variance.
Assessment of Working Capital Requirement.
Monthly PNL preparation for all products.
Segment PNL for each product line for better performance analysis.
Review of Audit Schedules for direct Exp.
Monitoring of credit/MTM exposure & raising flag for any potential exposure.
Debit Note/Credit Note posting