Job Purpose

- Implement and drive cost management initiatives, define controls to mitigate financial risk and execute excise operation 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 of Excise related statues

- 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 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 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 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 of issues pertain to IT

Education - CA first attempt pass out only to apply from batch 2014/15/16/17

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