Perform a pre-closing balance sheet review in conjunction with the FSSC team to identify any accounting anomalies to be cleared before the book closure
Support in the monthly accrual process to ensure adequate accruals have been taken for the BU
Ensure the balance sheet lines are correctly reflecting their balances to avoid Net debit/credit balance misstatements or any negative Balances in Asset lines. Inform FSSC of any errors to correct
Ensure the bank balance reconciliations provided by FSSC throughout the month match the bank statements ? advise on any rectification entries to be passed
Ensure all leasing accounting entries have been passed and check all lease renewals/modifications have been carried out by the FSSC team
Support driving any clearing of Balance sheet reconciliations identified post previous month-end closing
Support document retention compliance process in all BUs being managed
ÿBalance Sheet Reviews
Complete random audits of workflow to ensure that all accounting transactions are appropriately authorized and executed
Regular review of Balance Sheet schedules provided by FSSC and driving resolution of misstatements/unreconciled open items in GLs
Ensure timely submission of Balance sheet substantiation to group finance
Advise any reclassifications required to be passed by FSSC in the next monthly closing system
Support the review of SAP to BPC reconciliation every month and minimize the entries posted in BPC
Support the review of any audit adjustment entries being passed to ensure opening balances are correctly stated
ÿBU Controlling/ Support to FSSC
Help support the Central Division I2P lead on any AP-related matter not getting resolved (GRIR Clearing / Open Vendor reconciliations / Missing invoices / Missing SOA)
Drive policy-compliant PO release strategy and establish DoA compliance for Non-PO invoices
Drive review of Open POs, timely closure & deletion of POs or open line items
Help in resolving unidentified & unallocated collections/credits in banks in conjunction with the FSSC O2C team by being the main point of contact between the FSSC and the Commercial team
Help & resolve compliance issues escalated by FSSC
ÿInternal Audit
Ensure all Internal Audit reports are tracked, responded to, and recommendations are implemented in conjunction with the Operational P&C Team
ÿAutomation/ Process Improvement
Support the streamlining of the finance process through automation where possible
Support on Implementation of standard operating processes and practice
Support any escalations related to DoA/policy compliance
Drive resolution of matters highlighted by Group Finance/FSSC
Liaise with the concerned team and communicate the closure of stores & company codes
