Vacancy for CA in Idea cellular

Introduction IDEA Cellular is a publicly listed company, having listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in March 2007. Idea is the 3rd largest mobile services operator in India, in revenue terms, and recorded a subscriber base of over 78 million as on end November '10. It became a pan-India integrated GSM operator covering the entire telephony landscape of the country, and expanded its NLD and ILD operations in FY 2010. During the year, Idea increased its revenue market share by over 1%, despite stiff tariff war in the market. The company has won license to offer 3G services in 11 service areas, which generate over 81% of the company's total revenue. Idea's 3G services will be launched in the year 2011. Idea's strong growth in the Indian telephony market comes from its deep penetration in the non-urban and rural markets. Idea has the highest share of rural subscribers as a percentage of total subscribers, amongst other GSM players. In fact, two out of every three new subscribers now come from non-urban market. Idea's innovative and revolutionary VAS offering has been a major growth driver. Be it Mobile TV, which was launched for the first time in India on the Idea network; exhaustive Music library in multiple languages; DTs/ RBTs; and other content download from the world of Cinema, Music, Cricket etc. - Idea has consistently grown its VAS revenue. Its revenue share of VAS is now higher than the industry average. Idea offers seamless coverage to roaming customers traveling to any part of the country, as well as to international traveling customers across over 200 countries. Idea's partnership with over 400 operators ensures that customers are always connected while on the move, within the country or other parts of the world. IDEA is the winner of 'The Emerging Company of the Year Award' at The Economic Times Corporate Excellence Awards 2009. IDEA Cellular also received the prestigious Avaya Global Connect Award for being the 'Most Customer Responsive Company' in the Telecom sector in the year 2010. The company has received several other national and international recognitions for its path-breaking innovations in mobile telephony products & services. It won the GSM Association Award for 'Best Billing and Customer Care Solution' for 2 consecutive years. It was awarded 'Mobile Operator of the Year Award - India' for 2007 and 2008 at the Annual Asian Mobile News Awards. IDEA Cellular is an Aditya Birla Group Company, India's first truly multinational corporation. The group operates in 26 countries, and is anchored by over 130,600 employees belonging to 40 nationalities. The Group has been adjudged the '6th Top Company for Leaders in Asia Pacific Region' in 2009, in a survey conducted by Hewitt Associates, in partnership with The RBL Group, and Fortune. The Group has also been rated 'The Best Employer in India and among the Top 20 in Asia' by the Hewitt-Economic Times and Wall Street Journal Study 2007 Job Title Assistant Manager - Finanace MIS & Budgeting Job Location Mohali Punjab Experience 4 - 6 years Qualifications Chartered Accountant  Mandatory Skills Receiving claims from fra by hard/ soft copies by       7th of every month Run queries and avail data from various sources for claim processing Forward activity commission data to response team for their verification. Accurate accounting for revenue, & Commission Payouts. Quality of MIS for enhanced decision making for revenue enhancement & cost reduction. 100 % compliance for all agreements made between IDEA with Channels/Franchise. Responsibilities PRIMARY Franchisee management fee payout Payouts relating to servicing, collection, business turnover of our associated Partners and Processing, verification and payment of franchisee incentive & bonanza. Processing and verification and payment of employee¿s incentive. SETTING FINACE BACK END PROCEDURE FOR NEW FRANCHISEE. Screening of franchisee documents for agreement preparation. Prepare & send accounting procedural manuals to the franchisee. Franchisee coordinators, managers & the sales team. Financial Reporting Implement accounting policy, procedures & systems for presenting true & fair view of the circle¿s financial performance. Accounting for various streams of revenues & Commission payouts. Implementing & monitoring cash management systems for collection of fund from various locations in UPE to corporate office. Management Information System Prepare Management Information system report as per specified formats & reporting frequencies and as per defined provisioning / accruing method. Prepare variance analysis for review and decision support. Credit control Ensure & monitor implementation of Credit policy including exposure for business associates                  Budgetary Control Monitor and control adherence to the expense budgets during the year. Cost Reduction Identify & achieve reduction in operating cost as regards to cost in the area of Commission Payouts. Channel Service Ensure adherence to timelines & resolve all conflicts relating to Channels services at Circle level (Activation error, delay in Payment of commission etc.) To apply click here