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18/09 Sydel Dsouza
HR at Asian Paints

Views:1512 Applications:349 Rec. Actions:Recruiter Actions:21

Asian Paints - Manager - Plant Accounts (1-3 yrs) Premium

Tamil Nadu Job Code: 849517

Job Title : Manager-Plant Accounts


Department : Supply chain-Manufacturing


Reporting to : Sr Manager Administration


Grade - M6B/M6A


Jobs Reporting Into - Officers Accounts & excise


Location/Unit - Plant


Role Description :


Job Purpose :


- Implement and drive cost management initiatives, define controls to mitigate financial risk and execute excise operation as per laid downprocedures


- 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 majorprocurements


Primary Responsibilities :


Business Responsibility Areas :


Key Performance :


Indicators :


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 of Excise related statues


- Implement processes effectively to ensure correct availing of Cenvat credit and correct duty discharge on dispatches


- File statutory returns to taxationa uthorities


- Maintain proper documentation as per Excise and Customs procedure &statutes and internal documentation requirement


- Provide necessary support to corporate taxation in excise related matters


- Coordination and support for statutory audit


- Support to corporate accounts for conducting statutory audit of aspects pertainto plant


- Ensure timely submission of quarterly financial closure certificate after due verification to Statutory auditor


- Adherence to timelines for submission of revenue budget


- Adherence to budgets


- Cost optimization opportunities through reduction of Material and overhead cost


- No. of instance of non- compliances to the excise rule & compliance manual


- Adherence to policy for records documentation

Effective Internal controls :


- Conduct regular checks of internal control through process audits, surprise checks, data analysis of key control & participating in quarterly stocktaking


- 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 Information Technology (IT) team in term of resource provision to carry out day to day activities


- Propose annual IT budget and its execution & conduct regular review ofissues pertain toIT


- Adherence to timelines for preparation & implementation of risk mitigation plan


- Cost saving through effective negotiations


- Compliance to commercial manual


- Effective goal setting & driving the goals among team members


- Develop growth plan for subordinates


Scope of Work :


a) Financial Scope


(Range of financial spend):


- Revenue budget: 40-60 Crs perannum

- Capex budget :10-15 Crs perannum


b) People Management Scope (Range of no. of Direct/ Indirect Reports) �· 5 to 6 officers


c) Geography Coverage (Country-wide/ State- wide / Area-wide) - Plant


d) Corporate Coverage (Company-wide / Business Unit or Function-wide / Sub- function-wide / Other): Supply chain-Decorative business unit


Internal :


- Engineering purchase


- Corporate and local payroll


- Plant Personnel function


- Corporate accounts


- Corporate Taxation


- Corporate audit


- Plant admin function


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Women-friendly workplace:

Maternity and Paternity Benefits

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