Job Purpose
Control and administer the Revenue Assurance on fare revenue activities to ensure effective management of all fare revenue collections/recognition in accordance with the company policies, procedures and accounting standards.
Key Accountabilities
Fare Revenue
- To monitor daily bank-in of receipts by TNG, collections service provider and any other payment method.
- To monitor Confirmation of Credit & settlement TNG reports against Bank Statement and check for any variances.
- To monitor daily reload fee received from TNG.
- To check and post Journal Vouchers, Invoice and AR related documents.
- To prepare reconciliations for reloads (QR Pay and BCP method).
- To prepare reconciliation for new card sales and to summarize the amount for card reservation (by Revenue Services Dept).
- To work closely with RSD and any external parties (including financial institutions) on the introduction of new product/new payment method/new fare system.
- To be involved in resolving any dispute with vendors (related to revenue) / customers.
Expenses for revenue related
- To prepare journals for commissions, MDR taken up as per contract.
- To ensure sales/cost of sales for cards are accurately taken up.
Monthly Schedules
- To prepare and ensure all other audit schedules for monthly closing is completed and accurate.
- To prepare fare summary for revenue declaration at MyTax Portal.
Others:
- Undertake any ad-hoc assignment.
- Perform Petty Cash surprise check on quarterly basis.
- Perform Cash Float surprise check on half-yearly basis.
- Response to all queries and information requested by Auditor during year-end audit.
Academic / Professional Qualifications
Degree in Finance / Accountancy / Banking or equivalent
Years of Experience
0 5 Years
Technology Knowledge
- Computer literate and proficient in MS Office applications.
- Knowledge in SAP accounting system will be an added advantage.
- Knowledge in other applications IFCA, SAGE, Oracle, Ramco will be added advantage.
