Manager - Plant Accounts - CA - Paint Manufacturing

Position : Manager - Plant Accounts

Location : Mysore

Company : A leading multinational paints manufacturing company

Qualification : CA - First Attempt (2014 to 2016 pass out only)

Experience : One to two years of post-qualification experience in manufacturing set up.

Salary : Rs. 22-23 L pa.

Functional Competencies :

- 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's

- Knowledge of MS office

- Knowledge of SAP is preferable

JD :

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.

- 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

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

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 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.