Few Pointers :

- The client is one of the Conglomerate with Global presence in various sectors with 8000+ employees.

- The candidate needs to be qualified for the job, MBA (Finance) or others.

- The location is Mangampet Mining Site,Telengana (Non family - Single accommodation will be provided)

Job Summary :

- Assistant Manager/ Dy. Manager - Finance & Accounts is responsible to monitor the day-to-day financial operations within the project/ site, such as payroll, invoicing, and other transactions.

- Oversee financial department employees, including financial assistants and accountants.

- Also responsible to Track the project's financial status and performance to identify areas for potential improvements.

- He shall have expertise in managing a wide spectrum of activities relating to Accounting control systems and Procedures, Reconciliations and MIS systems.

Key Job Responsibilities :

- Prepare Annual / Monthly budgets for the project by networking with various functional managers and ensuring its completion within the approved timeline.

- Collection of Production & Consumption data from Project/ site & verification of the same to ensure correctness.

- Preparation of Periodic Cost Reports & Analysis of variances against budget.

- Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.

- Regularly reconcile the Cost data with Financial data as per SAP & enable necessary corrections in the Costing data or the Financial books as per SAP.

- Prepare Cost & Consumption Variance Reports & analyse the same with reasons for the same.

- Recommend corrective actions to reduce variances through Cost reduction recommendations / Implementation of Systems.

- Maintain Cost database Project-wise, Activity-wise & Cost element wise for future reference and reliance.

- Analysis of Overheads & Fixed Costs for effective utilization of resources.

- Maintaining Cost Records in prescribed formats and Finalization of Cost Audit Report on Annual Basis

- Identify the cost drivers for cost reduction & allocation basis for apportionment of costs.

- Ensure the timely reporting of all monthly financial information.

- Ensure the accurate and timely processing of positive pay transactions.

- Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.

- Preparation of Cost Benefit Analysis for new initiatives, projects, capital investments.

- Deal with direct / indirect tax cases, monthly filing, audits and disputes.

- Vetting of Contracts to ensure the interests of the Organisation & compliance to statutory requirements.

- Due diligence of new investment proposals as well as existing operations.

- Present financial reports to board members, stakeholders, executives, and clients in formal meetings.

- The Finance candidate we require should have at least 5 years of experience in Finance & Accounts with fluency in English & Telugu (Must).

- Knowledge of Tamil is preferred.

- He will be recruited in the JV Entity of the Company.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.