ASSOCIATE DIRECTOR - Associate Director Tata Group Employee Review

Loyalty - Neu coins Establish financial process for loyalty operations that encompasses –  Set up eligible-transaction data flow from and to brands.  Track the flow of issue and redemption of Neu coins.  Reconcile points transactions with participating brands.  Enable invoicing and settlement of issue and redemption of Neu coins.  Maintain the provisions relating to liability arising out of outstanding Neu coins.  Discuss new brand on-boarding; set up recon process in line with the provisions of business service agreements.  Enable revenue recognition and provisions relating to it in the financial books.  Oversee receivables relating to Neu coins and coordinate with brands’ finance to ensure settlement on time.  Undertake reconciliation of overall Neu coins issue, expiry.  Understand brand issues pertaining to data and helping them to get resolved.  Loyalty data analytics and insights to enable business decisions. Procure to Pay: For the new Tata Digital entity, set up -  Purchase accounting system consisting of procurement, financial accounting, payables, analytics relating to GST reconciliation and accounting.  Purchase order process – creating procurement budgets for operating divisions, tracking usage.  Process relating to provision for expenses, accounting of invoices.  Process for tracking related party transactions, enable monitoring and reporting on them quarterly for the board meeting.  Set up contract management process and ensure financial terms and conditions as per the company’s approved policies.  Process for tracking contracts, enable monitoring and reporting on them quarterly for the board meeting.  Successfully implemented SAP system for finance and accounting