Location
Vadodara | India
Job description
Job Description
Job Details
Position : Assistant Manager/ Deputy Manager
Job Location : Vadodara
About the company :
One of the leading names in the Metal Industries.
Job Requirement :
- CA Full time (2016 to 2019 pass out) with 3+ years of experience from any manufacturing/ engineering/Metal/ similar industries
Job Role :
This role is responsible for ensuring smooth F & A operations. The key element of the role is to ensure timely and accurate execution of F & A related activities.
- This is green field project and hence required experience of Capex Accounting and monitor the expenses as per the budget.
- Updating and implementing various new Accounting Standards in view of complex and varied nature of business, with materiality in each type of transaction.
- Ensure compliance of different department
- Ensure copper booking as per the policy and maintain copper balance – PNDL and DNPL
- Setting of KPIs for departmental team members
- Attending formulated committee meetings
Key Accountabilities:
Planning
- Undertaking feasibility study for projects and preparing CAPEX and working capital plan on a monthly basis to incorporate projections for the next three months by coordinating with Project team.
- Partnering in the annual budgeting and forecasting exercise Analyzing and evaluating product mix in coordination with procurement team to in order to ensure fulfilment of requirement.
Operational Excellence
- Preparing the monthly, quarterly and annual consolidated financial statements in compliance with Indian GAAP and SEBI requirement for publication.
- Monitoring passing of bills and scrutinizing accounting transactions of IGT Site at regular intervals and ensuring corrective action
- Undertaking raw material accounting
- Undertaking tax accounting
- Undertaking risk management and hedge accounting as per Ind AS 30
- Undertaking valuation of stock and embedded derivatives
- Collating inputs from Risk Management Team as well as Project Department and supervising updating of accounts and related data on hedging into internal software.
Budgetary Controls
- Monitoring implementation of CAPEX budgets for maximization of revenue through CAPEX accounting including planning and budgeting, controlling, capitalization, maintenance of fixtures and registration of CAPEX expenditure
- Ensuring payment to vendors of IGT Project as per contractual terms
- Safeguarding antidumping duty calculation and ensuring accurate deposition to maximize earnings from the Government incentive scheme as per WTO norms
- Analyzing of Accounts Receivable , undertaking corrective action in case of deviation.
- Managing working capital and cash flow
Compliance
- Monitoring the variability of external factors (exchange rates) in FOREX transactions in order to determine its impact on valuation of inventory and ensure statutory compliance.
- Analyzing output generated by software and corroborate with Risk Management Team as well as Project Team to ensure alignment on accounting for hedging transactions.
- Facilitating internal audits and statutory audits and implementing corrective action
- Implementing all statutory compliances with respect to direct taxation
- Facilitating tax audit and assessment with respect to direct and indirect taxation
Customer-centricity
- Ensuring reconciliation of vendor accounts and payments in a timely manner
- Submitting finalized Balance sheet to the corporate office as per specified timelines
- Submitting MIS to senior management and the corporate finance department with respect to
- Financials, working capital and cash flows
- Compliance of accounting standards
- compliance of and statutory regulations with respect to accounting as well as direct and indirect taxation
- Key value drivers
Sustainability and Process Improvement
- Monitoring cash flows and impacting corrective action
- Monitoring and implementing IFC (internal financial control) for the unit through testing of processes and authority matrix, establishing improved systems and processes and guiding process owners to take corrective and improvement actions.
- Reviewing PBND (Priced but not dispatched) and DBNP (Dispatched but not priced) status through interface with marketing department and ensuring corrective action
Technical Competencies
- Knowledge of accounting standards; their applicability to Copper business
- Knowledge of technical processes of Copper Business to align and drive accounting
- Ability to analyze historical data
Contact Person : Sarita Chaudhary
Email : [email protected]
Interested candidates can directly APPLY on the below link
Job tags
Salary
