Senior Executive Accounts Receivable Job in Jubilant Foodworks

Job Description

Roles and Responsibilities

Jubilant FoodWorks is amidst transformation & expansion which will fuel the next level of growth and this creates both challenges and opportunities. While JFL is the largest QSR in the sub-continent, it is set to double in scale & size with a vision towards becoming a 2000+ Restaurant with Multi Business, Multi Product, Multi Country Operations.

The Assistant Manager is accountable for the ensuring financial controls of the company for Offline Ordering Platform and Other area of revenue related, to include the production of periodic financial reports, maintenance of an adequate system of accounting & controls, designed to mitigate risk, enhance the accuracy of the company's reported financial results.

Key Accountabilities:

Cashless Reconciliation, Controlling and Accounting

• Downloading Daily Cashless Status from SRS & share with Restaurant, ensure 100% Excellent Status, Resolve the related issues with restaurant, IT or any other stake holders
• Finalisation of Assigned Region Reconciliation file by knocking off & passing required Entries & matching with TB & sharing mail with Regions
• Uploading in SRS in online Module With In one Day of Recompilation sent to Regions
• Qualitative Reconciliation issues, resolution of any issue for which store is not responsible should be parked and resolved
• Escalate any issue which is pending and not knocked off in a month to respective GDM/DM/AM/CH/RM.
• Maintain the Process of Downloading / Compiling reports on daily, weekly, monthly basis and ensuring sharing the same with all stakeholders as per timeline
• Monitor Corporate Sale, control and accounting: Payment received confirmation to be given, Benefit to be given to the restaurants after receiving proper restaurant wise details from Corporate Sales Team.
• Customer Sale Invoice Preparation in SAP & Collection posting

Banking Variance Analysis

• Tracking Daily Cash pick up status with bank statement, Web Portal and ensure 100% pick up
• Timely arrange and streamline the banking pick up and Resolve non-pick up related issues with Banks
• Tracking banking in hand status on daily basis through downloading from SRS and share with restaurant to clear the same, to ensure no banking in hand outstanding at stores.
• Prepare and circulate cash banking variance analysis of Region restaurants and share and follow up for any non-banking instances.

Ageing SRS issues

• To generate the Ageing Report and share with restaurants on weekly basis
• Track and Resolve all Ageing gap, SRS issues at restaurants and do follow up for its timely closure.
• Follow up to get the IOUs cleared within 2 days and ensure zero on Quarterly basis
• Monitor and get all Credit Sale, collected within 30 days and any amount pending to be cleared should be properly followed up with stores
• To review and enhance control mechanism in restaurants from time to time
• DM Checklist to be shared with Regions every week

Chargeback and Email escalation

• Ensured timely reply of Escalations received From Stores, Guest Care team and Banks
• Helpdesk handling: Close all helpdesk query with solution related to respective region
• Work in partnership with the Operations Team and POS team for offline reconciliation
• Work in partnership with the Operations Team and POS team for offline reconciliation and to support Business requirements.
• Visit Restaurants To do better control, visit restaurants on quarterly basis and check all the records.
• Preparation of PO/PR for Offline Vendors and timely payments to vendor

Audit & Others Internal / Statutory Audit, MIS Schedules, Budget

• Audits & others Internal/Statutory Audit & MIS schedules/budget
• Getting Smooth Audit Conducted by coordinating with Team & Auditors & getting required Reports prepared & Submitted Timely
• No queries to remain unanswered with Auditors within 1 Day of query asked
• To share feedback for Internal Audit Queries on Timely basis.
• Budget preparations for assigned Expenses pertains to Offline Ordering expense MDR/Schrages etc.
• Prepare presentations, reports and fulfil any other type of requirement from time to time for the management
• Various management reports to top level management for all ongoing activities in the team to track their performance.
• Collecting, analysing and managing quantitative data and creating meaningful reports to drive business improvement across regions

Desired Candidate Profile

• Qualification 5-10 years experience, CA Intermediate, ICWA or MBA in Finance with experience in similar sized business (1200+ restaurants, with small but large number of transaction value). Should possess excellent interpersonal skills.
• Should preferably have exposure of working in SAP.
• Should preferably have exposure of working in Excel, Advance Excel, Power pivot etc.
• Should have the ability to interact with cross functional teams towards common goals.
• Excellent communication & analytical skills.