Assistant Manager Expenditure

PURPOSE

To prepare, process and monitor REVEX budgets/expenses of the Cluster

MINIMUM REQUIREMENTS

BBA / Bachelor's degree in Finance/ Accounting Certification.

2 to 3 years’ relevant experience.

Knowledge (Functional)

• Business Finance
• Analysis and Reporting
• Knowledge of relevant SAP Modules and other analysis tools like BEX, Qlick View etc.
• Intermediate MS Office Skills

Business/Industry knowledge (preferable)

AREAS OF RESPONSIBILITY

People

• Provide guidance and direction to the teams.
• Drive development and objective structurization plans.
• Co-ordinate the performance management review process – probationary, mid and annual reviews; regular catch-up meetings with individual team members on periodical basis.
• Maintain a favorable work relationship with the team to promote a cooperative and harmonious work environment.

Business

REVEX Budgeting and Monitoring:

• Assist Manager Finance in preparing REVEX budget for the entire cluster considering past trends and forecasted requirements.
• Ensure coordination with Business Finance for creation of WBS pertaining specifically to REVEX items.
• Monitor expenditure pertaining to Admin, Fleet, OSP, BDV, Daily Wages Hired Labour, CROs, Imprest, Conveyance and Other REVEX related items.
• Arrange creation of CWRFs and undertake necessary coordination with counterparts in Civil departments for execution purposes.
• Prepare interpretations and analysis of financial information gathered or received.
• Assist in reconciling Imprest accounts of Cluster and other business units.

OSP & Fleet Services:

• Ensure creation of Fleet Requisitions and coordinate with Business Finance & Supply Chain Management for timely placement of CROs/POs to contractors/vendors of projects.
• Prepare OSP Purchase Requisitions and coordinate with Business Finance & HR.

Processing and Scrutinizing Bills/Invoices:

• Process and verify contractors’ invoices for BDVs, DWHLs, CM CROs and Imprest settlements.
• Monitor MNCV test forms, process contractors’ invoices and account reimbursement/settlements.
• Verify fleet related invoices for expenditure made other than routine course of business (hiring of lifter/crane/excavator, fuel purchased for emergent situations etc.) and coordinate with Business Finance for swift processing.
• Carry out verification and reimbursement of conveyance charges for the dispatchers of the cluster.

Data Analysis:

• Conduct periodic analysis on Budget Vs Actual for REVEX heads.

Health, Safety & Environment

Ensure that department operates in accordance with all the applicable health, safety and environmental protocols leading towards safety and well-being of staff & public.