Job
Description
Job Purpose To support the Function Head in decision making and ensuring effective business operations for Cement Marketing, Commercial, Logistics, Information Technology, Legal, system developments, business analytics, statutory compliances, internal audits and their replies, SOP and policy matters. Additionally, the role holder shall also be required to ensure compliance, IPR (Trademark) and brand protection of UltraTech and safeguard Company's interest in all contracts / agreements with external agencies. Job Context & Major Challenges UltraTech Cement is the largest cement manufacturer in India with an installed capacity of about 68 million tonnes. The company has production facilities in 17 locations spread across the country and has plans to grow further than acquisition and green field expansion. The UltraTech brand occupies a premium position with a market capitalization of Rs. 81438 crores. The Indian cement industry has a capacity of 409 million tonnes and a supply demand gap putting pressure of prices due to excess capacity. The market has strong regional players in each Zone and has strong brand competition. The role of Finance & Commercial includes managing Accounting, Finance & Commercial activities for the business. The function plays the role of a caretaker for the business and undertakes the responsibility of MIS, sensitivity analysis, exercising of internal controls, and cost and risk management. The function is also entrusted with the responsibility of designing and implementing business processes / SOPs and for other allied activities like P&B, Capex management, taxation, auditing, credit control and facilitating day to day operations of Marketing. Challenges on the job would include tracking and maintaining SOP compliance across all Zones, timely updation in SOP with changes in business dynamics, keeping track of changes in State & Central legislations and ensuring smooth functioning of Commercial operations across all Zones / Regions / Depots. Additionally, the role holder shall also be expected to analyse various internal audit reports and provide their replies to auditors and the Management and keep track of various incentives / benefits scheme of governments whether State or Central and to ensure availment of the same by the Company.b) To analyse the internal audit reports of various zones / region / depot and prepare reply for the same for auditor and management. c) To analyse SOP as per change in business dynamics. d) To avail and keep track of various schemes and incentives available under various government schemes to business. e) To ensure legal compliance and uniformity for mining and crushing operations at each of the plant locations. f) To ensure cost control and maintenance / reduction of utility cost under inflationary situation. g) To ensuring smooth commercial operations of Aggregates mines and Crushers. Key Result Areas KRA (Accountabilities) (Max 1325 Characters) Supporting Actions (Max 1325 Characters) KRA1 Commercial Control (PAN India) (R) Ensure adequate commercial controls in Cement business (R) Monitor implementation of accounting policies, guidelines and accounting standards (R) Prepare standardized contracts for each nature of contract KRA10 Internal Audit To coordinate with zonal internal auditors. Review and analysis of Internal audit reports Follow up for action taken on points raised by internal auditor if any. To ensure the proper action taken and replies to internal auditor as well as to management. KRA2 IPR / Trademark and Brand Protection (R) Arrange raids and legal action against spurious activity to safeguard brand value of the Company (R) Ensure proper action, signing and filling of legal cases for IPR / trademark and brand protection KRA3 Legal and Contingent Liability (R) Ensure appropriate legal review of contracts and solicit external legal advice, as required (R) Ensure proper drafting of contracts and orders for proper taxation management in contracts with vendors, service providers, suppliers, land etc. (R) Vetting of related legal transactions and documents to safeguard Company’s interest KRA4 New Initiatives / Projects / Proposals / Tie Ups (R) Analyze commercially and legally, the business viability of new projects and proposals to safeguard Company interests (R) Analyze new business modalities to ensure availment of growth opportunities KRA5 Process and System Improvements, Automation and Digitization (R) Identify potential risk of processes, credit, vendor performance etc. and introduce systems to mitigate the impact (R,A) Ensure automation and digitization of processes; modification / development / maintenance of Cognos BI and TM1 for P&B KRA6 Statutory Review and Compliance (R) Ensure adherence to Standard Operational Procedures (SOPs) in all concerned areas; make efforts to review SOPs on a timely basis and suggest areas of improvements accordingly (R) Prepare SOP to ensure internal control and monitor / ensure statutory compliance KRA7 System Review and Internal Control (R) Ensure that proper action is taken and replies to internal auditors as well as to Management are provided KRA8 Preparation of SOP to ensure internal control and monitor/ensure statutory compliance To develop SOP in concurrence with the Zonal office and set up systems and procedures for effective internal control in operations. To ensure periodic review of SOP. KRA9 Support CCH in finalization of handling rates, freights and appointment of CC&F, handling agents and Transporters and other decision making Analyze and recommend for finalization of handling rates, freights. Assist in appointment of CC&F, handling agents and Transporters ensuring proper commercial analysis in the process. To initiate new ideas and projects to automate the processes and improve the control over various Cost Drivers. To suggest best business practices. Show more Show less
