TalentAhead India Pvt. Ltd.
Location
Delhi | India
Job description
Position Summary & Scope
Monitor, control, capitalize /expense out of Project costs, administer Projects in SAP, coordinate with
various B&C, Finance and Projects parallels on daily basis, settle vendor accounts, close out Projects in
SAP including technical closure with the objective of smooth administration of Projects in SAP, facilitation
of cross-function working, budget project cash flows, ensure consistency with budget allocations for pan
India Projects.
This is a national level role having medium term impact on the overall organizational goals.
- Areas of Responsibility (Key Result Areas)
Centralized Administration of Projects in SAP: Make Purchase Requisitions, GRNs after due
scrutiny / verification of PR requests and payment documents to ensure timely procurements and
payments after due authorizations and within budget. This is done on all-India basis.
Facilitate capitalization/expensing out of incurred Project costs: Close out open Purchase
Requisitions and Purchase Orders, get final bills and process their payments, provision for
Modernization Costs on monthly basis to ensure technical closure of Projects in SAP and facilitate
capital budgeting and closure of monthly accounts.
Project Monitoring and Control in SAP of Press Projects: Maintain cost management records,
provide regular detailed project cost reports to management, track time and cost lines of Projects, track
trends and regularly report status and make recommendations to ensure consistency with budget
allocations.
Handle SAP transactions related to PR, MIGO, MIS for open PRs/POs, managing back-end activities for
Projects Billing And Vendors. These Include The Following Activities - Scrutiny of bills for completeness of documentation before sending to Finance
- Scanning of Bills/approvals/contract labour documents and putting on SMS system of Finance for
processing and tracking payments
- SAP operation for Creation, Modification & closure of Projects, PRs, MIGO & SRMs for Projects
- Reports Compilation of Cash forecast, Project Spend, Budget Vs Actuals, Provisions
- Record keeping of Bills received, sent to Finance, returned to cross functional teams
- Interaction with cross functional teams for receipt of corrected bills/documents/details for making
PRs
- Monitoring of Project Budget by tracking Budget Vs Actuals
- Coordination with various departments for certification of Bills, Compliances, GST clearance etc
- Follow up for receipt of physical bills, Collection of physical bills from Dispatch and submission with
acknowledgement of Finance
Facilitation link between Projects, Finance, B&C and major Vendors: Reconcile open advances,
retention money lying in books of accounts, settlement of final bills to enable settlement of open
advances, release of retention moneys after due certification, commercial closure of Projects. Settlement of Major Vendor Accounts: Reconcile payments made against various running bills with certified amounts, recommend payment of differential amounts to Vendors as full and final payments, release of Bank Guarantees after due certification from Projects to enable settlement of Vendor Accounts, get 'No Claim Certificate' from vendor and close open Purchase Orders.
Job tags
Salary
