MANAGER - PLANT ACCOUNTS Role Identifier Job Title: Manager-Plant Accounts Department: Supply chain-Manufacturing Reporting to: 1. Sr Manager Administration 2. Sr. Manager Corporate Accounts Grade: M6 Jobs Reporting Into: Officers Accounts Location/Unit: Plant Role 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 procurements 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: - Implement processes effectively to ensure correct availing of input tax credit (ITC) on all the purchases made by plant - File statutory returns to Department of industrial policy and promotion - Maintain proper documentation as per companies act, other statutes and internal documentation guidelines - Provide necessary support to corporate taxation and Legal in related matters - Ensure compliance of applicable regulations to plant through internal compliance portal. - Ensure effective implementation and testing of RACM at plant. - 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 corporate account 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 plant. - Coordinate with Legal function for vetting of legal documents People Management: - Set promises of each team member based on plant vision and departments 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 - Handle store operations by ensuring the store inventory availability - 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 rule & compliance manual - Adherence to policy for records documentation - 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: 50-70 Crs per annum Capex budget :10-15 Crs per annum 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 Key Interactions: Internal: - Engineering purchase - Corporate and local payroll - Plant Personnel function - Corporate accounts - Corporate secretariat and Legal - Corporate Taxation - Corporate audit - Plant admin function External: - Vendors - Local statutory bodies - &lt;td style="width: 382.7pt; border-top: none; border-left: none; bord Role Requirements / Specifications: Qualifications: Essential: Qualified Chartered Accountant and cleared all groups in first attempt Desired: NA Previous Experience: Essential Desired: One to two years of post-qualification experience in manufacturing set up Functional Competencies: - Able to devise strategy of cost management and deliver the out come through operational competency - Design and implement control measure to mitigate financial risk & statutory risk - Understand the expectations of corporate accounts & of corporate taxation and deliver the requirements effectively - Knowledge of MS office - Knowledge of SAP is preferable - Behavioral Competencies

Anywhere in India/Multiple Locations

Asian Paints - Manager - Plant Accounts - CA 

Asian Paints - Manager - Plant Accounts - CA  ,Job Description for Asian Paints - Manager - Plant Accounts - CA  in Asian Paints in  Anywhere in India/Multiple Locations for (1-3) years of experience. Apply Now!

Job Description for Asian Paints - Manager - Plant Accounts - CA  in Asian Paints in  Anywhere in India/Multiple Locations for (1-3) years of experience. Apply Now!