VISHAL KUMAR

• About the project: Client: DMRC, Delhi Metro.
• Value of project: Rs. 1,550 cr.
• Design and construction of four underground metro stations at Chhatarpur, IGNOU, Neb Sarai, and CHMD.

Key responsibilities in handling the project.

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• Costing:- Monthly review and closing of the cost statement after shifting the cost to the relevant direct/indirect cost head based on the nature of the transaction.

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• Budgeting:- Monthly preparation of the IDC (Indirect Cost) budget in respect of staff salaries, rent, power, welfare, etc. And thoroughly review the budget with every month's actuals.

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• Reconciliations:- Preparation of monthly Cost Ledger vs. General Ledger reconciliation. Weekly checking of stock available at the site, with system stock availability, HSD, and the bulk material reconciliations, with coordination of the store team.

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• Accounts Payable:- Taking care of the induction of service vendors at the site until the disbursement of payments to them.Parameters while processing bills include vendor bills certification from the respective site user, deduction of TDS as per the nature of service, checking applicability of PF, bank guarantee, minimum wages in the case of direct workmen, retention, insurance, and LD as per the issuance of the service work order.

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• Accounts Receivables:- Generation of monthly tax invoices for clients based on the quantity finalized by the survey/planning department, and follow up with clients for timely collection as per contract conditions.

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• MIS reports:- Monthly preparation of MIS reports, such as Subcontractor liability provision, Client Collection and outstanding annexure, Rent deposit schedule, Scrap Sale schedule, etc.

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• Internal and Corporate Audits:- Handling internal and corporate audits at the site and assisting auditors with the required data, proper documentation, and explanation.

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• Comparative Rate Statement:- Preparation of the rate statement after negotiations with vendors, and issuance of the work order based on L1 - lowest rate.

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• IR AND ADMIN ACTIVITIES:- Checking of rent agreements for premises taken on lease for bachelor and staff arrangements of family accommodation, arrangement of conveyance, and other project utilities for staff and clients.

• Invoice processing and verification in Accounts Payable on ERP (Oracle R12) related to domestic payments.
• Invoices and issuance of debit/credit notes.
• Processing and deducting of TDS on various payments.