L&T Metro Rail (Hyderabad) Ltd. Looking For Asst. Manager – Finance & Accounts at Hyderabad, Telangana, Full Time

About the Company: Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over eight decades. Larsen and Toubro Limited was awarded the Hyderabad Metro Rail Project by the then Government of Andhra Pradesh. L&T incorporated a Special Purpose Vehicle (SPV) – L&T Metro Rail (Hyderabad) Limited (“The Company”) to implement the Project on Design, Built, Finance Operate and Transfer (DBFOT) basis. The Hyderabad Metro Rail is the world’s largest metro project in public-private partnership mode. It covers 69.2 km across three corridors, transforming Hyderabad, triggering robust economic activity around the city.

Responsibilities:

• Collect and reconcile data from payment gateways, bank statements, and SAP systems on a weekly basis.
• Monitor daily transactions to ensure there are no short payments from any payment partners.
• Collaborate with the Business Team to resolve merchant-related issues and assist in verifying commission invoices raised by merchant partners.
• Process commuter refunds as and when required.
• Provide daily fare and non-fare collection bank statements to the Business Team.
• Record and track collection receipts related to fare, non-fare, and station retail, ensuring proper maintenance of revenue records.
• Prepare and account for prepaid expenses and advance revenue transfers to income on a monthly basis.
• Process O&M-related payments, including advances for spares and Keolis.
• Coordinate electricity bill payments by obtaining detailed breakups from relevant teams and recording the transactions appropriately.
• Perform bank reconciliation for fare, non-fare, and station retail receipts.
• Prepare a quarterly trade payables aging analysis report.
• Pass necessary accounting entries for debit notes received by the company every month.
• Ensure compliance with MSMED regulations by reviewing vendor records regularly.
• Conduct balance confirmations and reconciliations for non-fare and station retail customers.
• Prepare monthly provisions for fare and non-fare revenue.
• Gather and submit support data for RPT transactions and statutory compliance requirements.
• Assist with TDS filings and ensure adherence to related statutory compliance.
• Generate and share daily ridership reports with the management in a timely manner.
• Process payments related to legal and HR expenses.

Qualifications:

• M. Com / MBA – Finance

Required Skills:

• Mandatory working knowledge of SAP-FICO

Preferred Skills:

• Effective communication and problem-solving abilities.
• High attention to detail and Analytical Thinking.