Finance Superintendent-Credits Job in Chennai at ITC Limited

ITC is hiring for the role of Finance Superintendent-Credits!

Responsibilities of the Candidate:

• Pricing
• Claim Accounting
• IFOR Updating
• Credit Insurance
• Remittance Accounting
• Sales Return
• New Selling Arrangement
• Balance Confirmation
• 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 the tax rate for the relevant customers
• Doing reconciliation of monthly invoices with the schemes & discounts provided by marketing
• Answering marketing for the queries relating to the above
• 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 the accounts team
• 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 of more than 6 months, balance confirmation defaulters and intimate to marketing
• Providing data pertaining to the customers falling under overdue
• Monitoring the movement of the customers both fallen due for payment as well as new customers falling under the overdue category
• Ensuring the necessary documents are sent to the insurance company for lodging notification/claim

Requirements:

• 1+ years of experience in credits or costing
• CMA Pass out candidates, passed out in 1^st attempt only 2020/2021/2022/2023 batches only