Section Head – Finance & Accounts – Karwar (Karnataka) – JB 9 Position Job For 6-10 Year Exp In Aditya Birla Group India – 2504368

1. Accounting:Manage Accounts receivables, over dues and payables

• Monitor activities relating to customer payment accounting, banking of customer cheques, issue of credit notes, reconciliation of accounts, follow up on customer Form C, weekly report on customer outstanding, credit monitoring and other related statutory compliances (handled by CSA team)
• Monitor activities relating to vendor invoices accounting, payment to vendors, issue of debit notes, reconciliation of accounts, follow up on vendor Form C, MIS report on vendor outstanding / ageing and other related statutory compliances
• Check customer/ vendor account on fortnightly/monthly basis & take up the matter with Marketing Dept./ Customers/ vendors
• Timely prepare accounts and general ledger/subsidiary ledgers, analysis of expenses and reconciliation
• Follow up with Marketing Deptt.to minimize overdue receivables
• Adjust credit limits in SAP for reduction in overdue receivables (Adjust by CSA Team)
• Prepare notes on receivables and payables for discussion with top management

2. Payments & Bill Passing:Ensure timely bill passing and payments to vendors

• Timely pass bills and payments to Vendors
• Analyze the bills and preparation of MIROs for domestic purchases and imports and payments thereof
• Prioritize the payments in coordination with Cash office
• Timely close all financial transactions
• Monitor all Bill Passing, provisions etc.
• Conduct reconciliation of Vendor Accounts, Loans & Advance A/c etc.
• Ensure periodical balance confirmation

3. Compliances of statutes & accounting standards:Ensure timely compliances of all statutory requirements/ guidelines including CFD compliance and Corporate governance

• Prepare statutory reports, return & statements under various statutes
• Preparation of Qtrly,Half Yearly & Yearly Balance Sheets, P & L and other compliances
• Compute Income Tax by analyzing various items of income & expenditure for allowance & disallowance
• Calculate Advance Income taxes and deferred tax calculations
• Check and process Bills of Legal and Professional, AMC, Interest on term loan, Buyer Credit and Inter Unit transactions
• Analyze & Project income & expenses allowable under income tax Calculate of depreciation as per income tax act
• Prepare & submit various information relating to Unit for filing a common representation before Ministry of Finance, Govt. of India & CESTAT for imposition of antidumping against import of Caustic Soda
• Check for timely collection and payments and correct payment of their charges and interest

• Check for timely collection and payments and correct payment of their charges and interest
• Check brokerage, rate difference & cash discount, Credit Note/Debit Note for adjustment with approvals quantity supplied and adjustment ofcredit note accordingly
• Implement SOPs to ensure Corporate Governance and IFC Compliances
• To prepare Corporate Governance Report, Audit Committee requirements, Investor presentation
• Timely submit statutory returns and statutory payments

4. Compliance of SOPs & Delegation Manual

• Review to identify gaps, if any, in the process & systems wrt SOPs issued by CFD
• Ensure implementation of provisions specified in Business Delegation Manual
• Coordinate with all departments to ensure effective gap analysis & implementation of SOPs

5. GL Scrutiny, Ledger Monitoring:To ensure regular GL scrutiny for accurate financials and to establish internal control related to all ledgers including activities related to Head Office

• Monthly GL scrutiny and reconciliation of critical ledgers to identify any abnormal items
• Clearing of all balance sheet GL’s (Payable & receivables)
• Prepare various details related to GL (Consumption details, Power details etc.)
• Prepare trend of expenses GL (Repairs, Administrative and Manpower)
• Monitoring of all HO related expenses
• Ensure monthly bifurcation of all common expenses to all related units

6. Reports and audits:Monitor and Prepare all types of reports for the concerned as and when required and facilitate all internal and external audits

• Assist in preparation of books of accounts and financial reports, Quarterly, Half Yearly & Yearly Balance Sheets, P & L and other compliances.
• Preparation of Tax Audit and Cost Audit reports
• Facilitate and provide the data to auditors
• Daily & Periodical reporting on variances between Actual Vs. Target/ Benchmark level of various key performance areas
• Prepare all Business Reports
• Make Annexure/ notes to audit reports, conduct pre audit checking & pursue to take corrective action, before audit & after audit
• Assist Auditors for finalization of Financial Statements

7. Insurance & Risk analysis:Coordination for valuation & insurance coverage of Plant & ensure timely settlement of all Insurance claims

• Conduct valuation of all assets for insurance coverage annually.
• Coordinate with Central Insurance Committee/ABIBL for annual insurance premium and coverage
• Ensure timely lodging of claims & assist in getting the claim settled without financial loss to company
• Liaison with Surveyor and Insurance Co. for adequate and rapid claim settlement
• Co-ordination with the unit risk management committee comprising various stakeholders of all functions to analyze identified risks and send to CFD
• Ensure timely & proper submission of details as required by Audit Committee
• Ensure submission of various periodical returns to Government Agencies

8. System Management (Safety, Sustainability & WCM):
Adhere to safety & statutory environmental requirements

• Adhere to safety norms & safe operational procedures
• Adhere to OHSAS & SA 8000 & WCM and sustainability norms
• Handle emergency situations like Liquid Chlorine leakages etc. under Disaster Management activities
• Train the team to comply with these norms

Qualification – CA (mandatory)
Female candidates preferred
Qualifications:
Chartered Accountant
Minimum Experience Level:
6-10 Years
Report to:
Senior General Manager