Assistant Manager - Finance - Container Freight Station - Tuticorin

The Peninsular and Oriental Steam Navigation Company; Tamil Nadu; On-site; INR 700,000 - 1,100,000; Full time

Job summary

The Peninsular and Oriental Steam Navigation Company in Tamil Nadu seeks a finance professional to manage budgeting, forecasting, and monthly reporting. The role covers Alpha reports, profitability analyses, cash flow projections, and regulatory compliance.

You will collaborate with multiple departments to ensure accurate financial planning and timely asset capitalization. Responsibilities include maintaining DSO targets, VAT/GST filings coordination, and preparing monthly accruals and audit

Responsibilities

• Prepare annual budgets for volume, revenue, expenses, and EBITDA in line with RO guidelines.
• Develop quarterly re-forecasts based on trends and actual performance.
• Prepare and analyze the Alpha Report monthly, highlighting variances.
• Generate Performance Trackers and conduct monthly variance analysis.
• Prepare Customer-wise Profitability reports monthly.
• Compile and present the CEO MIS Report every month.
• Create monthly cash flow projections and compare with actual collections.
• Coordinate with user departments to prepare Authorization for Expenditure (AFE) for asset purchases.
• Ensure timely capitalization of assets with the GSC GL team.
• Review asset utilization and retire underused assets monthly.
• Conduct customer-wise follow-ups to ensure DSO targets.
• Follow up with vendors for GSTR-1 filings and input tax credit eligibility.
• Prepare monthly accrued income workings with the GSC team.
• Record provisions for general expenses where invoices are pending at month-end.
• Perform sales reconciliations between billing software and Oracle; SR & Trial Balance.
• Prepare detailed schedules to support statutory and internal audits.
• Liaise with the MDM team for vendor creation and updates in Oracle.
• Segregate Line of Business (LOB)-wise revenue and expenses using trackers.
• Coordinate with user departments to renew statutory and operational licenses.

Job description

Budgeting & Forecasting:

• Prepare annual budgets for volume, revenue, expenses, and EBITDA in line with Regional Office (RO) guidelines.
• Develop quarterly re-forecasts based on prevailing trends and actual performance.

Financial Reporting & Analysis:

• Prepare and analyze the Alpha Report on a monthly basis, highlighting variances between budgeted and actual figures.
• Generate Performance Trackers and conduct monthly variance analysis.
• Prepare Customer-wise Profitability reports monthly.
• Compile and present the CEO MIS Report every month.

Cash Flow & Asset Management:

• Create monthly cash flow projections and compare with actual weekly collections.
• Coordinate with user departments to prepare Authorization for Expenditure (AFE) for asset purchases.
• Ensure timely capitalization of assets in coordination with the GSC GL team.
• Review asset utilization and retire underused assets on a monthly basis.

Receivables & Compliance:

• Conduct Customer-wise follow-ups to ensure Days Sales Outstanding (DSO) meets budget targets.
• Follow up with default vendors for GSTR-1 filings to ensure input tax credit eligibility.
• Prepare monthly accrued income workings with the GSC team.
• Record provisions for general expenses where invoices are pending at month-end.

Reconciliations & Audit Support:

• Perform sales reconciliations between billing software and Oracle (SR & Trial Balance).
• Prepare detailed schedules to support statutory and internal audits.

Vendor & Master Data Management:

• Liaise with the MDM team for vendor creation and updates in Oracle.

Operational Oversight:

• Segregate Line of Business (LOB)-wise revenue and expenses using appropriate trackers.
• Coordinate with user departments to renew statutory and operational licenses (e.g., trade license, CFS/Bonded Warehouse license, property tax, asset/equipment insurance, staff health insurance).

Legal & Regulatory Coordination:

• Follow up with advocates on ongoing legal matters.
• Liaise with government agencies as required for regulatory and compliance matters.