CA, with 4-5 years of exp, as an Assistant Manager, at Power Major, Haldia
Power Major
Experience : 4years - 5 years
Salary: 0.0 Lacs - 0.0 Lacs
Location: India, Haldia,
Job Validity: 2021-11-23
Functional Skills: Others
Job Type : Permanent
Industry : Others
Qualification : Chartered Accountant,
Role : CA, with 4-5 years of exp, as an Assistant Manager, at Power Major, Haldia

Job Description

 

Assistant Manager /Deputy Manager -Finance & Accounts

 

 

JOB PURPOSE:

Provides leadership in overseeing all financial and fiscal management of company operations, drive value creation by institutionalizing strategic planning, integrated cost management and building transparent and robust financial information systems

 

 

 

         
         
         
         
         
         
         
         
         
         
         
         
         
    ORGANISATIONAL CONTEXT:  
         
    Job Holder Name:   
    Department: Finance & Accounts Reports To (Title): VP & Site Head and CFO  
    Superior’s Superior (Title):  Location: Kolkata, Haldia Plant  
         
         
         
    DIMENSIONS:    
         
    (What are the areas, in quantitative terms, the job has an impact on?)
         
         
         
         
         
    FINANCIAL  
    Accountability Supporting Actions  
    Planning and budgeting Drafts, consolidates and reviews the annual business plan and department budgets for the plant  
      Ensures availability of funds for business continuity  
      Plans CAPEX spends to maximize utilization from spends  
      Ensures financial discipline is maintained across all departments/units  
         
         
      Ensures timely preparation and reporting of financial statements  
      Ensures comprehensive MIS and reporting of relevant MIS to all stakeholders  
         
         
      Monitors taxation trends and maintains/minimizes tax liabilities  
    Financial statements & MIS    
         
      Identifies cost effective sources of capital  
         
         
    Taxation    
         
         
    Treasury management    
    CUSTOMER  
    Accountability Supporting Actions  
    Inter-departmental coordination Interacts with other departments and understands their expectations from the finance team  
    Works towards ensuring that all departments are adequately supported by the finance function  
    INTERNAL BUSINESS PROCESSES  
    Accountability Supporting Actions  
    Accounting and book keeping Develops and ensures that all necessary accounting and information systems and procedures are in place  
      Oversees the general ledger and books of accounts and ensures that they are updated regularly and accurately  
         
         
      Monitors cash flows and ensures funds are available as per requirement  
         
    Fund management    
      Monitors bank service level agreements and fees  
      Obtains secured and unsecured loans/funds at favourable terms of credit  
         
         
      Oversees costs and ensures that they are in line with plans and budgets  
      Ensures cost audits are carried out  
    Banking Ensure timely payments to vendors  
      Ensures adherence to payment policy  
         
         
      Ensures compliance with all direct and indirect tax laws  
    Costing Ensures timely payment of tax dues  
         
         
      Develops and implements risk mitigation strategies to minimize financial and commercial risks across the organization  
      Establishes and maintains appropriate internal controls and safeguards to minimize risks  
    Payments    
         
      Builds mutually beneficial partnerships with key stakeholders like banks, suppliers, regulatory bodies etc.  
         
         
    Taxation Establishes robust internal audit processes  
      Ensures internal and external audits are conducted across all operational locations as per schedule  
      Ensures timely closures of NCs are per audit recommendations  
         
    Risk management    
      Ensures all records are maintained in accordance with generally accepted accounting principles  
         
         
      Ensures compliance with all statutory norms and organizational requirements  
         
    Relationship management    
      Educates all relevant departments about aware of statutory requirements, relevant processes and responds to their queries  
         
         
    Audits    
         
         
         
         
         
    Policies & procedures    
         
         
         
         
         
         
         
         
    Compliance    
         
         
         
         
         
    Awareness    
    LEARNING & DEVELOPMENT  
    Accountability Supporting Actions  
    Employee performance and management Creates an empowering environment for team members  
      Drives the performance levels of direct reports by setting in place performance goals, supporting their execution and providing regular feedback through mechanisms like performance reviews  
      Supports identified innovative initiatives to enhance internal efficiencies and effectiveness of the team  
      Encourages the team to ideate and implement innovative solutions/process improvements  
         
         
         
         
         
         
         
    Innovation    
         
         
         
         
         
    KEY PERFORMANCE INDICATORS:
         
    KEY RESULT AREAS WEIGHTAGE MEASUREMENT CRITERIA
    FINANCIAL:   Date & frequency
       
    Variance analysis reporting Date & frequency
    Review of departmental budgets & recommendation of cost management actions  
    Reduction in cost of funds  
    Compliance to norms of publication of financial statements %
    Financial MIS reporting to all stakeholders  
    Reduction in tax liability %
    ROI on the organization’s investment portfolio  
       
      Date & frequency
       
      %
       
      %
    CUSTOMER:   TAT
       
    Response to service request & complaints 0
    Escalations on payment/fund release matters  
    Closure of payment/fund related matters TAT
       
    INTERNAL BUSINESS PROCESSES:   Number
       
    Instances of financial and commercial risks 0
    Disruptions to business operations due to banks, suppliers, regulatory bodies etc.  
    Adherence to accounting policies and procedures  
    Ensure and coordinate internal / external audits %
    Closure of NCs reported  
    Escalations from business on non availability of funds for planned expenses As per schedule
    Non compliance with statutory norms and organizational requirements  
    Non compliance with regard to Corporate Governance, CS and SEBI guidelines As per audit recommendations
       
      0
       
       
      0
       
      0 recurrence of earlier non compliances
       
      0
    LEARNING & DEVELOPMENT:   Hours
       
    Learning man hours/employee %
    Performance appraisal of team  
    Improvements/quarter Number
    Reduce attrition rate  
    Development of team % improvement over last year
       
      Improvement in competency level & PMS scores
         
         
         
         
    KEY INTERACTIONS:
         
    Internal Frequency Nature
    Finance & Accounts department Regular Day-to-day activities
    Other departments As and when required Fund related, accounting related etc.
    External Frequency Nature
    Statutory bodies As and when required Compliance and responding to queries
    Consultants As and when required Seeking advice
    Auditors Regular Carrying out statutory and other audits
         
         
         
    MINIMUM REQUIREMENTS:
         
    Education Qualifications Post Graduation in Finance, CA  
    Professional Qualifications (if any)    
    Experience  4-5years  
About Company

Posted by
Admin
Posted Industry
Others
Job Code
005445
Location
Haldia
Posted on
25 Aug 2021
Views
5
Applications
15