Finance Superintendent, Credits

ITC · Chennai, Tamil Nadu

About this role

About Us PURPOSE OF THE JOB: Pricing, Claim accounting, IFOR updating, Credit insurance, remittance accounting, Sales return, New Selling Arrangement, Balance confirmation, Key Focus Areas • Pricing updating for customer. • Accounting for claims • IFOR updating. • Credit insurance. • Remittance • Sales Return • New selling Arrangement • Balance confirmation • Charging of interest • PRINCIPAL ACCOUNTABILITIES: • Pricing updating for customer. • Checking the correctness of the scheme/discount updated in the system • Checking of invoices post accounting for schemes & discounts to check the correctness of the scheme & discount updating • Checking of invoice factor on any amendment to the VAT rate • checking of tax rate for the relevant customers • Reconciliation of monthly invoices with the schemes & discounts provided by marketing • Answering to marketing for the queries relating to above • Accounting for claims • Comparing the schemes/discount papers received against the amount ascertained • Analyzing the actual scheme/ discount with the budget • Ascertaining the monthly provision against sales made and intimating to accounts team · IFOR updating • Verifying the correctness of the IFOR limit & period updated • Preparation of the MC request for IFOR limit & period received from marketing • Checking the criteria of customers having balances more than 6 months, balance confirmation defaulters and intimate to marketing · Credit insurance • Providing data pertaining to the custome