Overall accountability of financial accounting, banking, accounts payable/receivable, MIS, budgeting, man management, administrative activities, etc.
Requires minimal supervision.
Includes lead supervisory and managerial roles.
Review of day to day transaction for booking of cost to the respective cost center, department and divisions while authorizing the vouchers for payment.
Review of the trial balance at the end of month and take corrective steps to enable drawing MIS from the system.
Sub-ledger control account tally every month for all the sub-ledgers including inventory accounts vis-a-vis respective inventory valuation from the inventory module, trial balance of creditors and debtors from the respective modules in the ERP system.
Fixed Assets additions scrutiny and capitalization thereof.
Outstanding liabilities review for the month and the booking thereof in the finance accounts.
Intercompany reconciliation & corrective steps.
Audit schedule for financial audit on a monthly basis.
Internal audit report review concerning the finance & accounts department.
Approve all sales & purchase journals.
Daily collections & routing the cheques to the banks.
Confirmation of Tellers of the customers to enable receipting the same.
Review of cheques on hand on a daily basis with the control account.
Bank reconciliation review & corrective steps.
Review the liabilities to the banks and providing funds to meet the commitments.
Daily cash balances to confirm with the GL.
Clear payments in the system for all the cheques as well as direct transfers on line.