Description

Review and ensure controls are in place in the life cycle of sales process – invoicing, recording, receipt booking and collection
Review and approve manual journal entries in relation to accruals and re-classifications to ensure complete and accurate reporting of revenue as per IFRS 15
Prepare and ensures straight-lining of revenue is done as per IFRS-16 guidelines
Ensure completeness and accuracy of PDC’s reporting and Implement collection initiatives for improvement of inflows
Check and verify VAT returns in coordination with Internal and external VAT liaisons
Monitor defaulter’s portfolio and establish exception reports on non-compliance. Liaise with Legal to ensure appropriate actions are taken
Plan and lead implementation of new financial accounting systems, interfaces and system improvement and processes
Ensure Escrow Account management in compliance with RERA regulation and periodic RERA audit
Ensure TAS (Trust Accounting system) is updated on an ongoing basis and periodic reconciliation are conducted with the bank balances