Posted by
Posted in
Banking & Finance
Job Code
1736071

Job Description:
Financial reporting:
- Ensure timely preparation of monthly, quarterly and annual financial reports in adherence to accounting standards and company standards of corporate governance.
- Oversee monthly MIS reporting, receivables follow-ups, payment of taxes etc.
- Cash flow statement preparation and management
- Develop and maintain finance & accounting policies in alignment with statutory requirements
- Coordinate and own preparation of regulatory reporting with local, state, and central government tax filings
Budgeting and Working capital:
- Ensure timely preparation of Annual Operating Plan and Budgets for Projects.
- Liaise with key stakeholders to ensure that the financial plans, requirements for the Engineering / EPC business are appropriately estimated.
- Timely completion of the budgeting process and make arrangement for the working capital requirement for Engineering/EPC Projects through appropriate channels.
- Liaise with banks and financial institutions for raising fund and non-fund based finance to meet working capital and Capex requirements, at best possible costs
- Monitor the performance of departments and projects against the defined budget performance parameters; identify areas of major deviations and recommend course corrective measures
- Provide inputs on profit and loss statement of Company the Group CFO
Finance Systems, Processes and Policies:
- Adapt Company systems and processes across finance, other related functions and projects to suit the Engineering & EPC business value chain and business demands
- Drive integration of finance within business processes thus ensuring that the quality of data is accurate
- Review operational and capital expenditure and ensure efficient use of financial resources
- Facilitate internal and statutory audits and action on audit recommendations approved by the Board.
Team Development and Management:
- Engage with the team to motivate and foster teamwork, understand and address their concerns and provide a collaborative environment for them to develop.
Corporate Governance and risk management:
- Drive good corporate governance practices across the organization, anticipate areas of business risk and identify and take appropriate risk mitigation initiatives
- Ensure compliance with the various indirect tax laws and local rules.
- Oversee processes to ensure that the vendors and contractors are also following the rules on taxation etc
- Ensure that the processes followed at site locations are standardised and aligned with the defined processes
- Ensure that appropriate checks & balances are inculcated in the organization structure and processes
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Posted by
Posted in
Banking & Finance
Job Code
1736071