Control Account via Refund Control Account / Uncollected VAT Account / Uncollected Management Fees Account / Inventory Account / Disbursement Control Account / Excess Account/ Customer Advance Account to be reconciled and closed as per defined TAT
Financial Closure Activity of Prepaid / Fixed Asset & Depreciation / Provisions / Borrowings / Advances / Vendor Payment Accounts / BRS Review are carried out before the period closure as per TAT
Vendor payout management including timely payment, accuracy in payment, ensure policies and procedures are followed in every payment
Publish Daily Cash Flow Reports and Highlight the FC if Balance Including Investment is Below the minimum liquidity as per Contingency Fund policy
Return Filing for VAT and Zakat including assessment of tax liabilities. Timely Payments for the VAT, ZAKAT & GOSI Amount
Maintain all Vendor Contracts & Renewals with Respective Department and Publish Report on a weekly Basis
Borrowings - All Loan Repayments are to be done on Due Date
Bank Reconciliation Annexure
Banking Transaction of Fund Transfer / Deposit of Checks / Payments on Daily Basis
Check and Publish report for any Transaction if done through Related Party
Ensure Payroll is correctly processed in Timely Manner
