Sales Accounting, Credit and Risk Management, Compliance, Pricing & Scheme Management, Reporting and MIS Audit & Regional Operational Efficiency
Qualification/ Personal Attributes
CA Inter or ICWA / MBA / M. Com / B.Com
4-6 Years experience
Job Description
Primary Job Responsibilities
Sales Accounting
Complete Sales accounting & order processing as per SOP.
Handle all types of Vendor & Statutory payment validation, creating provisions and payment processing on time.
Manage all Bank, Cash and Stock reconciliations on time.
SAP GL scrutiny regularly and accuracy in accounting entries.
Provide Tax support to HO Taxation as and when needed.
Ensure reconciliation of TDS, C & F Forms and timely follow up.
Credit and Risk Management
Strict implementation of approved Credit Risk Mgt Policy.
Co-ordinate with Sales team for timely collection of payment, recovery against Cheque returns and improve E- banking.
Ageing analysis and follow-up with sales team for recovery.
Drive quarterly Balance & No Claim Confirmation process.
Ensure > 90 days Overdues are tracked and resolved with Sales.
Market visits for critical and high risk cases and report gaps.
Audit & Compliance
Ensure compliance of all process & policies for operational efficiency across all functions and eliminate all Risk observations.
Facilitate Internal/ External Audit function and implement comprehensive audit programs on an ongoing basis.
Involve in correct Revenue recognition process and report gaps.
Strict Implementation of various auditing procedures in line with the standard Auditing and Accounting procedures.
Facilitate standard procedures for tax and internal audit.
Pricing & Scheme Management
Keep track of the approved Schemes allocated to Dealers.
Coordinate with HO teams to ensure the approved schemes are issued within 30 days of allocation and credited to parties.
Clear pending Cash discount claims is as per policy guidelines.
Keep track of the Quarterly tie ups and validation support to HO.
Ensure there is no VERBAL schemes in market and report gaps.
Identify unapproved claims from quarterly confirmation process.
Regional Operational Efficiency
Drive strong Internal controls and profitability concept in Region.
Ensure that all Govt. regulations and requirements are disseminated to appropriate personnel and consultants.
Deliver business objectives as per guidelines & standards given.
Provide support in bringing cross functional efficiency.
Responsible for branch documentation and Asset management.
Provide support in record keeping as per guidelines given.
Reporting and MIS
Prepare desired internal reporting and operating systems within the Commercial & Accounts function to facilitate timely action and decision making.
Timely reporting as per regulatory and legal requirements including Taxation, Accounts, Audit and other financial activities.
Support in creating strong Decision Support System for monthly review with HO Commercial and Sales Managers as defined.
Branch level various reports for Credit, Commercial, Sales trends, Variances, Scheme trends and identification of high risk areas.
About Luminous
Luminous Power Technologies, a leader in energy solutions, is a 35-year-old company which started as a small venture. Now on its brand transformation journey, its mission is to become a name synonymous with all-encompassing home electrical, power backup and residential solar solutions and create millions of happy homes in India.
Today, Luminous is already a powerful, trustworthy brand name in 100 million Indian homes. During this successful journey, it has embraced the core values of reliability, consistency, longevity and the highest standards of integrity along with dynamic ideas and innovation. Its consumer-centric focus has led Luminous into new categories to deliver excellence in every product and home solution it offers. With 7 manufacturing units, more than 28 sales offices in India and presence in over 36 countries our 6000 employees serve more than 60,000 channel partners and millions of customers. Our motto has always been Customer Delight through Innovation & Passion with focus on Execution & Team-work. At Luminous, we passionately innovate to make life comfortable and efficient.
Luminous is a group company of Schneider Electric, a global leader in energy management with presence in over 100 countries, 1.5 lakh people and a revenue of Rs. 2 lakh crore.
