Job Purpose
To ensure proper accounting of Bara Grinding Unit, Fixed assets of Dalla, Bara and upcoming Dalla Super Plant. To ensure timely preparation of MIS as and when required and submit the same to concerned authorities. Also to handle partial work of general accounting
Job Context & Major Challenges
Job Context: Dalla Cement Works (DCW); a flagship unit of Ultratech Cement Ltd. (UTCL), is located around 120 km from Varanasi on Varanasi – Pipari SH-5 on the southern bank of river Sone. The unit started with an old unit K4 of 0.5 MTPA of clinker. The journey of excellence with technological Up gradation resulted in two units (Line-4 & 5) with ultimate capacity of 2.0 MTPA Clinker and 0.5 MTPA cement production. The unit produces Gray Cement & Clinker.Unit has certified for Integrated Management System & upgraded to 2015 version; which has inclusion of ISO 9001, ISO 14001, ISO 50001 & OHSAS 18001.Dalla Cement Works has won several accolades at the national and international level for its Quality, Environment, Safety & Productivity. Dalla Cement is bagged with many awards. Some of them are Greentech award for best environment practices, National Safety Award by the Ministry of Labour & Employment (Govt. of India) , Three National Energy Awards i.e. First National Energy Conservation Award-2011 organized by Ministry of Power (Govt. of India) &BEE second - Energy Efficient Unit National Award for Excellence in Energy Management-2012 organized by CII and third – Energy Excellence Award in Energy Management 2013 organized by CII.
Job Challenges
- Keeping self-updated and involved in all kinds of business operations activities for having an insight of plant operations for preparation of correct Financial Statements (BS and PL)
- Thorough knowledge of plant sections for creation of proper WBS Codes in case of a major project.
- Ensuring submission of timely reports to all concerned on Capex
- Hands on working knowledge of SAP modules (FI; CO; MM; PM; PP and QM) for extracting relevant business information
Key Result Areas
KRA (Accountabilities) (Max 1325 Characters)
Supporting Actions (Max 1325 Characters)
KRA1 Implement established and approved accounting system to ensure financial discipline and to prevent irregularities for the given section a) Strictly monitor and scrutinize the accounting activates of the sectionb) Review of accounts related to major partiesc) Review books of accounts with MIS and Financial reportd) Prepare other monthly MIS reportse) Coordination with all concerned department in plant, marketing division and corporate OfficeKRA2 Balance Sheet Preparation and Compilation: Timely preparation and compilation as per Accounting Standards /SEBI guidelines as well as other Statutory requirements a) Preparation of Monthly; Quarterly, Half Yearly and Annual Accountsb) Coordination with all kinds of auditors for audit / limited reviewc) Coordination with CCC, CFD and other units of the groupKRA3 Fixed asset accounting ) Proper intimation by the different department in case of any shifting of assetb) Assignment of correct asset class and depreciation key.c) Arrange and get self-involved in physical verification of Fixed Assets as per CFD circulars.d) Get assets tagged as per Fixed Asset Register.e) Get Capex budget allocated properly amongst WBS Codes.f) Close WBS Codes and arrange surrender of left over budgets in coordination with all concerned.g) Ensure material verification before capitalization.h) Coordination in settlement of PM / Project orders in SAP for correct cost on WBS and timely capitalization.i) Proper monitoring & booking of individual Capex items in the relevant WBS element thus proper updation & maintenance of Fixed Asset register in System.KRA4 Management Information System a) Preparation of Management Information System as per standard formats or as and when requiredb) Submission of the same to the concerned authorityKRA5 System Implementation: Ensure implementation of ISO-9002, EMS-14001, OHSAS-18001, SA-8000 & WCM systems through the involvement of employees for improving plant performance and quality standards a) Identify and execute improvement study and kaizenb) 5S activities, identify & get rectified unsafe conditions / practicesc) Attainment of WCM criteria scored) Improvement of Internal customer rating and ISO Systemse) Safe working conditions and practicesf) Statutory complianceg) Improvement in OEE / MTBF / MTTR and elimination of MUDAKRA6 Safety a) Carryout the required checking, testing as per guidelinesb) Maintain statutory records of the observationsc) Take corrective measures for deviationsd) Monitor working of line clearance systeme) Identify & rectify unsafe points & unsafe practices in the areaf) Perform SO rounds as per schedule and take necessary action, if required.
- Duties and Responsibilities also includes:
- Preparation of all the Documents as per the policy of Industrial Investment and Employment Promotion Policy (IIEPP), 2017and get Audited by the Auditors assigned by the PICUP for Dalla Incentive. ( Involve Rs. 60 crores Incentive)
- Adhere all the Legal and Statutory compliance applicable to the unit such as All the legal compliance, VAT Concession on procurement of Diesel (D Form), Direct and Indirect Tax.
- School books of accounts update in Tally-9.0 and finalization of books of accounts and audit report.
- Reconciliation of mismatch GST and have a conversation with vendors on continuous basis & arrange
necessary details to adhere compliance as per the GST law. ( it is very crucial at if GST not complied it will be
cost to company)
- Contingent liability, Notes to Accounts and other TB related reports.
- CEO/CFO report preparation and submission for CFD review.
- Address Cost Audit, Tax Audit, Statutory & Internal Audits
- Mines Royalty return and collect TCS/TDS certificate.
- System Improvement such as reviewing PO’s Invoices.
- Cost benefit analysis for IEX power sale report and GL accounting.
- Co-ordination with internal Auditors and External Auditors for audit and compliance. Cost Audit report for unit
- Trial balance review and take control over current assets, current liabilities, LD, Retention, Deposits.
- Prepare MIS reports, working Capital variance, Mines Costing, AFR costing and other ad-hoc reports.
