Company Profile:
Zuari Investments Limited (ZIL) comes under the flagship of the Adventz group. ZIL, since its inception, has come a long way, offering a wide range of products & services to meet its customer's financial requirements, establishing a strong presence in the financial services sector. The Company is now one of the leading distributors of an entire spectrum of Investment products & services.
ZIL has three wholly owned subsidiaries, Zuari Insurance Brokers Limited (ZIBL), Zuari Commodity Trading Limited (ZCTL) and Zuari Financial Services Limited (ZFSL) which come together to meet the customers financial requirements.
Product Suite:
Loans, Real Estate, Insurance*, Trading, Mutual Fund, Deposits, Depositary, RTA
Designation: Urgent Opening For Chief Manager-finance| Cal-9953631889 - 1 Opening(s)
Job Description:
Roles and Responsibilities:
- Managing Bank Level Operating Expenditure: Ensuring timely reporting of Opex; Developing & Delivering Presentations on Opex on a monthly basis to Top Management
- Opex Analysis: Analyzing various elements of operating expenditure on monthly basis which involves Variance Analysis and Trending of Opex Branch-wise, Segment-wise & Business Group-wise.
- Ensuring timely release of business group-wise operating expenditure; reviewing the actual opex as compared to budget and engagement with the business teams for ascertaining the reasons of variance
- GL Code Analysis: Analyzing various entries booked in GL codes monthly; identifying the opportunity for rationalization of GL code and change in description wherever required.
- Identifying Opportunities for Cost Rationalization: Identifying areas where savings is possible; coordinating with business group for implementation & closure of Cost Saving Projects.
- Conceptualizing &implementing financial procedures, including working capital management & internal financial controls. Handling tax matters & interfacing with taxation authorities & various government departments for ensuring smooth business operations.
- Distinction of successfully completing various income tax assessments including certain search & seizure cases up to Tribunal (ITAT) level related to the company and directors resulting in maximum saving of revenue.
- Resourcefully develop and implement a successful accounting system.
- Analyzing the financial viability of new ventures / new projects & forecasting project finance/ funds required.
- Should posses the knowledge of Direct & Indirect Taxation norms
- Should have the knowledge of Margin Funding
Key Deliverables:
- Preparation and Finalization of accounts as per Indian GAAP.
- Responsible for entire audit of the company including Statutory & Limited Review
- Compliance of prudence norms applicable to NBFC's as prescribed by RBI
- Complying with RBI regulations such as capital market exposure, provisioning norms etc
- Complying with Stock Exchange requirements
- Reporting and analysis for business units
- Monthly review of the P&L and balance sheet and commentary for the key products
- Ensuring compliance to regulatory and statutory requirements including liaison with Group Financial
Reporting/Group Regulatory Reporting team:
Reporting to - The Whole Time Director
Desired Profile:
- Postgraduate with professional accounting qualification, preferably dual specialization - CA & CS
- Minimum 8-10 years of post CA qualification experience including 6+ years of people management experience
- A strong background of Financial Accounting and Reporting Services is essential, inclusive of public accounting firm experience
Contact: Jyotsna Jha
Zuari Investments Ltd.
Zuari House, Plot No-2
Community Centre, Zamrudpur
New Delhi, Delhi,India 110048
Telephone: 9953631889
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