Manager - Payable at Manufacturer of Fertilizers & Chemicals Major, Pune

  • 5 - 7 Years
  • Not Mentioned
  • pune
  • permanent
  • Commerce Graduate
  • Others
  • Job Purpose:

    • Summarizes the main points of the job description which may include key responsibilities, functions, and duties
    • Job Purpose is the prime objective for which the Job holder is responsible for.  It is directly controlled by the Job holder
    • Should contain 1 - 3 key points

    The Role is primarily for making timely/accurate payments to vendor/employees, GST credit, TDS deposition and issuance of Form 16-A. Anchoring and guidance of Vendor Account reconciliation/confirmation. Processing of forex supply bills. Accounting and Audit of the above referred transactions. Role has to keep updated knowledge about the statutory/taxation requirements   and changes.




    Key Accountabilities  & Outcomes

    Key Accountability

    • Main areas of accountability / key goals of the Job.
    • Should contain five to Seven Key Accountabilities.
    • Can be derived through Balanced Score Card Perspectives (Financial, Customer, Internal Process & Learning and Growth)

    Major Activities/ Tasks

    • The tasks under Key Responsibility that the Job holder is suppose to perform to achieve the business goals
    • Timely/accurate payments to Indian vendors
    • Ensure correct accounting & payment to vendors
    • Maintaining proper records to track payments and pending positions
    • Advising for fund requirements, obtaining signatures of authorized signatories, liaison with bank if required
    • Ensuring complete documentation before sending the same to corporate for release of payment
    • Availing maximum cash discount and credit period


    • Processing of bills related to foreign vendors
    • Ensure correct & timely accounting and payment,
    • Obtaining proper documents/ supporting
    • Maintaining proper records to track payments and pending positions
    • Advising for fund requirements, obtaining signatures of authorized signatories, liaison with bank if required
    • Availing maximum cash discount and credit period


    • Vendor Reconciliation
    • Anchoring reconciliation of Vendor accounts
    • Providing guidance and functional support for no dues certificate
    • Generating ledgers from the system and sending it to user dept. / vendors.


    • Rigorous follow up for balance confirmation and drawing superior’s attention wherever BC is not coming.



    • Monitoring accounting transactions
    • Providing support for passing financial entries to team
    • Working actively for Automation of payment process
    • During scrutiny of advances and reporting to management
    • Preparation and reporting of MIS.
    • Prepare monthly / periodic departmental expenses using MIS.
    • Generating location wise element wise reports measuring efficiency and effectiveness of operation
    • Prepare account schedules and get it audited, attend statutory/ internal audit, follow up with user dept., reminders for advance settlement.
    • ESS and other employee related payments
    • Accurate and timeliness of payment
    • Ensuring adherence to company policies and statutory requirement
    • Ensuring approval from competent authority before release of payment


    • Interest payment on dealer deposit
    • Periodic working of interest payable on security deposit
    • Compliance of TDS
    • Compliance with GST rules
    • Issue of TDS certificate
    • Ensuring monthly provision
    • Statutory compliances
    • Ensure statutory compliance in the company relating to TDS, TDS deposition & issuance of TDS certificates, GST credit, foreign currency payments.


    Work Relations ( Internal and External)

    Internal Relations

    • Main interface of the Job Holder(Working relationships with Key stakeholders/ internal customers
    • Other Job Holders that the Job holder have may to liaise, report or coordinate with

    External Relations

    • Main interface of the Job Holder(Working relationships with Key stakeholders/ external customers


    • Peers within CNB – Finance & Accounts team
    • Proper coordination with Treasury and taxation team
    • Peers within other functions of CNB
    • Seniors within CNB
    • Vendors
    • Tax authorities
    • Auditors
    • Dealers







    Key Dimensions

    Financial Dimensions

    • List the significant numerical data which will reflect the scope and scale of activities concerning this job such as budget, cost, revenue etc.

    People Dimensions

    • Mention the team size ( direct reportees only) the Job Holder would have to manage for the scope of activities concerning  to this role
    • Proper planning needed for priority of work as per availability of signatories, as the payments relates to Factory raw material and statutory payments. (High value payments)
    • The timely monitoring and highlighting can save the company from unintended loss/ revenue leakage/ revenue maximisation


    • Team size – Nil




    • What are the capabilities required by the Job Holder at this position
    • Specify Knowledge ( technical expertise), experience, skills, behavioural  competencies, personality required
    • It depicts candidate profile for making hiring decision and helps incumbent profile for competency mapping


    Education Qualifications / Background

    • State minimum qualification required by the Job Holder to work effectively on this position

    B. Com / M. Com

    Relevant and Total Years of Experience

    • Mention years of experience required for the job
    • Elaborate more of the relevance / type of the job experience required by the role

    5 – 7 years of work experience in Accounting with 3 years of relevant experience

    Technical/Functional Expertise

    • Stare minimum proficiency required on specific technical or functional skills required for the Job Role
    • Reasonable knowledge of banking rules & procedures, TDS, GST, VAT, Sale of Goods, Excise, Customs etc.
    • Update on accounting standards, practices and policies.
    • SAP functional knowledge i.e. FI/ MM/ ESS Module.
    • Computer proficiency.
    • Good inter-personal skills for interacting with other departments, statutory auditors, vendors and bank.


    Behavioural Competencies (List only 3- 5 specific behavioural competencies)

    • State behavioural competencies required to function effectively at this position
    • Communication skills
    • Service Orientation
    • Result Orientation
    • Problem solving skills
    • Analytical skills

    Personality (List only 3- 5 specific personality characteristics)

    • Write personal characteristics/ personality type that is suitable to work at this job level.


    • Believe in Team work.
    • Hard working, honest, courteous and service oriented.
    • Adaptable to changing circumstances.
    • Inclination for learning.
    • Ability to solve the problems.




Employer Profile :

  • Manufacturer of Fertilizers & Chemicals Major, pune