Overview
Finance Manager (Payments) Jobs in Maharashtra, India at Aditya Birla Capital
Title: Finance Manager (Payments)
Company: Aditya Birla Capital
Location: Maharashtra, India
- Treasury & Cash Management
- FD for NDC – Event Based
- Execute/renew Fixed Deposits (FD) as required for NDC; maintain documentation and accounting entries.
- Coordinate with banks; track maturity, lien, and interest accounting.
- NDC Funding – T+3
- Ensure funding requests are processed within T+3; maintain supporting schedules and approvals.
- Fund Movement – Ongoing
- Initiate and monitor fund movement from Collection A/c to Escrow per daily inflows/outflows and compliance thresholds.
- Maintain maker–checker controls and audit trail.
- Prefunding Requirement – Daily Monitoring
- Track prefunding levels and trigger top-ups to avoid transaction failures; maintain daily MIS.
- All Bank Account Monitoring – Ongoing
- Monitor balances, holds, charges, interest, and unusual activity across collection, escrow, NDC, and FD-linked accounts.
- Accounting & Reconciliations
- Bank Reconciliation – Daily
- Perform daily bank reconciliations for all PPI-linked accounts; clear open items, investigate variances, and pass rectification entries.
- Accounting in SAP – Ongoing
- Post daily journals, accruals, reversals, inter-account transfers, and settlement entries in SAP.
- Maintain GL hygiene, proper cost center tagging, and monthly close schedules.
- Income Booking & Payment Upload – Ongoing
- Book interchange/fee income, process payment uploads, and ensure correct TDS/GST implications.
- Coordinate with Ops for settlement files; validate and post entries.
- Invoicing & GST Compliance
- Bill of Supply – Ongoing
- Prepare and issue Bill of Supply/invoice for eligible PPI services; ensure proper tax positions.
- Interchange Income GST Validation & Invoicing – Monthly
- Validate monthly interchange income, apply correct GST rate & place-of-supply, and issue invoices.
- Reconcile with gateway/acquirer statements; manage credit notes, amendments, and GSTR linkages.
- GST Filing – Monthly
- Prepare workings (B2B/B2C, RCM if any), reconcile with books, and support timely GSTR filings with proofs and trail.
- Regulatory & Compliance
- RBI Quarterly Escrow Certificate – Quarterly
- Prepare workings and documentation for RBI-mandated Escrow certificate; coordinate with bank/auditor for issuance.
- Maintain evidence of compliance with PPI guidelines (utilization, settlement timelines, permitted debits/credits).
- Assist in preparation of Net Worth Certificate.
- Controls, Audit & MIS
- Maintain maker–checker controls across fund movements and postings.
- Prepare daily/weekly/monthly MIS on balances, prefunding, recon breaks, invoice status, and compliance calendars.
- Support internal/external audits, respond to queries with schedules and evidence.
- Drive process improvements (automation of reconciliations, templates in SAP, standard SOPs).
