AGM - Plant Finance & Accounts

Role Objective

Ensure smooth process and Audit compliance of taxes, accounting and finance management for respective plant under control. Budgeting and forecasting, financial projections, brining scalable financial control, Accounting, profitability management, ageing analysis, fund management, tax management, enhancing business growth and improve productivity are some of the key processes.

Role Deliverables

• Steering complete array of financial operations for the plant including Accounts, corporate finance, and costing, budgeting treasury control, taxation, payable Management, risk management, fund management, banking, OD & current account swapping and compliance activities.
• Working capital management, fund management and payment receivable as well as payment receipt maintenance and effective utilization of same.
• Implementation of systems, policies, procedures to facilitate internal financial & process control.
• Managing accounts payable function includes timely & accurate payment to all vendors, dealers and employees.
• Preparation of cash flow, fund flow and aging reports as well as cash flow planning for smooth transitions of funds.
• Managing and developing MIS reports and liaising with banks and government bodies for obtaining necessary sanctions / approvals.
• Setting up Finance function with SOPs & introducing well-defined accounting/costing systems along with, internal controls for systematic conduct of business across group.
• Expertise with Indian and International GAAP, direct and indirect taxation (GST and other taxes), Companies ACT, FEMA and other regulatory laws such as Factories Act, Wages Act, Bonus and PF Act.
• Responsible for compliance related to GST, VAT, TDS, TCS, MCA, ROC, EPF, ESI, ER & IR and Factories Act.
• Risk Management: evaluation of Currency, geo political, commodity sensitivity risks and implementing effective risk mitigation plans and de risk the annual business plans. Driving short- and long-range business plans to achieve the targeted market share and EBITDA.
• Responsible for optimum utilization of export financing and other soft loans and contributed to overall working capital.
• Management of Green field project from land acquisition to plant commissioning or strategic decisions making such as merger or acquisition of plants / units.
• Insurance and claim management for asset and employees within the organization and provision for the same.
• Statutory compliance management, balance sheet consolidation and audit process documentation for effective utilization.
• Must be updated with government incentive schemes and benefits such as subsidiary, R&D, Solar etc.
• Vendor payment and vendor reconciliation and ageing report preparation periodically.
• Handhold and develop team under as well as troubleshoot in case of any mismatch.
• Knowledge of compliance mantra and balance sheet management.