ACCOUNTS OFFICER - PAYABLE AT LAKSHMI MACHINE WORKS LTD, COIMBATORE

 

Finance - Accounts Payable - Officer

Location-Kamaraj Road, Coimbatore, Tamil Nadu, India (CBE

Finance - Accounts Payable

 Purpose of the Role                                                                                       

 PO invoices are validated through ASN portal to account the bill on daily basis

Accounting of rejection invoices-OSP

Hold Bills accounting for Unit 2/mtd/fdy/fmc 

Accounting of invoices Non PO-Domestic with in 7 days

Monitor and ensure zero advance application pending against open invoices at every month end-domestic

Comply AP policy including periodic supplier account reconciliation - Group

Comply KHO self audit & address identified non compliances, if any

Responsibilities & Accountabilities                                                                                          

PO invoices are validated through ASN portal to account the bill on daily basis

Verify one day PO receipt batch invoices with all RT entries before posting into the system on daily basis

Daily post RT thro PO receipt through oracle concurrent.

Check & take action the hold bills and validate &close the ERS batch on daily basis

Accounting of rejection invoices-OSP

Check the receipt from the OSP rejection screen and identify the reason for the hold bills  (LMW OR SUPPLIER)

If it is Supplier rejection get the material cost from the costing dept

Validate the Material cost for supplier Rejection in oracle

Release the quality hold bills within 7 days from the date of rejection made

Hold Bills accounting for Unit 2/mtd/fdy/fmc

Verify & Validate the quality bills like Quality, decemical correction, Invoice not received, Price, Po not approved, Qty ord, Oty Rec, without process, TVS logistics (Debit note raised)

Check the receipt from the OSP rejection screen in oracle & release the hold bills within 10 days from the RT date for MTD / FDY/ FMC units

Run Concurrent report (LMW Invoice Update for RTV Transactions) from oracle

Download the data ,verify & validate the debit notes on daily basis

Accounting of invoices Non PO-Domestic with in 7 days

Check & Account the bills thro LOADSOFT  Form and Validate the LCC freight incoming and outgoing bills within 5 days from the date of receipt (Bill Received).

Check & Account the bills thro LOADSOFT  Form and  Validate Revantha Security and Manpower bills within 5 days from the date of receipt (Bill Received).

Check & Account the bills thro LOADSOFT  Form and Validate LCC Courier incoming and outgoing bills within 5 days from the date of receipt (Bill Received).

Check  & Account the bills thro LOADSOFT  Form and Validate GKDITR Neem Trainees bills within 2 days from the date of receipt (Bill Received).

Check & Account the bills thro LOADSOFT  Form and Validate Travel bills within 2 days from the date of receipt (Bill Received).

GST bills submission for all Non-PO bills in the week within 2 days from the end of last week for the Non PO

Monitor and ensure zero advance application pending against open invoices at every month end-domestic

Accept / Reject purchase advance requisitions  within 2 days - FDY,FMC,MCS & ATC

Check any previous advance amount is pending against the po

Approved the advances in the Finance Approval Screen within a day - FDY,FMC,MCS & ATC

Run "Advance Interface Report" and validated the advance & pay

Complete the advance application against open invoices within 2 days from date of Receipt.

Comply AP policy including periodic supplier account reconciliation - Group

Complete overseas supplier account reconciliation as per checklist for the month on or before 5th of following month

Complete all sister concerns account reconciliation for the quarter on or before 5th of following month.

Identified difference in the supplier account reconciliation cannot be pending more than 30 days.

Comply KHO self audit & address identified non compliances, if any

Comply audit schedule will be done weekly

How to Apply

Email: careers@lmw.co.in

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