MANAGER - PLANT ACCOUNTS

External Job Description

Job Purpose:
 Implement and drive cost management initiatives, define controls to mitigate financial risk and execute as per
laid down procedures
 Act as one point interface of plant to corporate taxation, corporate accounts, shared service center, legal &
corporate audit
 Active role in negotiation and commercial activity of all major procurement

Business Responsibility Areas:

Cost management :
 Prepare and propose the factory overhead revenue budget
 Track cost through effective MIS on monthly basis & drive cost reduction and control objectives across the functions
 Monitor and control factory level losses (material usage parameter) to optimize material cost

Ensuring effective compliance:
 Implement processes effectively to ensure correct availing of Cenvat credit and correct duty discharge on dispatches
 File statutory returns to taxation authorities
 Maintain proper documentation as per Customs procedure & statutes and internal documentation requirement
 Provide necessary support to corporate taxation in related matters

Coordination and support for statutory audit:
 Support to corporate accounts for conducting statutory audit of aspects pertain to plant
 Ensure timely submission of quarterly financial closure certificate after due verification to Statutory auditor

Effective Internal controls:
 Conduct regular checks of internal control through process audits, surprise checks, data analysis of key control & participating in quarterly stock taking
 Provide effective reporting of statutory compliance applicable to plan
 Conduct capex benefit assessment for major capital expenditures

Commercial activities:
 Participate in all major negotiation and vetting all major purchase contract applicable to plant
 Ensure compliance to commercial and authority manual for all financial transactions applicable to plan.
 Coordinate with Legal function for vetting of legal documents

People Management:
 Set goals of each team member based on department goal
 Conduct objective review of goal of each team member
 Create development plan for subordinates
 Identify training needs of subordinates

Other Responsibilities:
 Provide necessary support to plant in term of resource provision to carry out day to day activities
 Propose annual IT budget and its execution & conduct regular review of issues pertain to IT

Education Qualifications:
Qualified Chartered Accountant and cleared all groups in first attempt

Work Experience:
One to two years of post-qualification experience in manufacturing set-up