Ensure the preparation of monthly financial statements by diligently updating and maintaining the relevant accounting records in accordance with the Group accounting standards.
Provide timely and accurate information for the Annual budget preparation in accordance to support management in timely decision making.
Support in the Preparation of Management Information Reports and Presentations as & when required.
Authorization of service bill payments and submitting details of bank transactions for accounting.
Preparing, forecasting monthly profit achievements & working with cross functional teams to increase the plant profitability.
Visit other SBU on a regular basis and monitor adherence to procedures & systems to ensure standards & requirements are met.
Ensure balance sheet is maintained as per Group accounting standards Ensure. Manufacturing plant balance sheet entries are cleared in a timely manner.
Diligently follow through on the key operational tasks and always ensure adherence to set protocols and guidelines.
Finalize monthly financials, oversee the posting of entries into the general ledger and ensure the profit & loss is prepared in a timely and accurate manner along with the relevant documentation.
• Ontime payments adhering to approved budget limits.
• Issuing & reconciling plant petty cash.
• Keep a track on plant capex related expenses.
• Analyze the production data, identify and solve problem that are highlighted for smooth flow of production.
• Preparing board papers & payback calculations for project evaluations.
• Manage the year end auditing process for the allocated legal entities in order to ensure timely and effective completion of the process to meet regulatory/ statutory requirements.
• Carry-out the reconciliation of intercompany accounts and be accountable for all transactions on a timely basis in order to facilitate the financial accounting process.
• Conduct fixed asset account verification and physical checks for availability in order to ensure the accurate availability and accounting of available assets
Accurately maintain Fixed Asset register as per Group accounting standards & follow the set procedure for CAPEX approval.
Build and strengthen relationships with internal and external parties to ensure seamless flow of key tasks such as:
1. Liaising with National Board of Revenue in connection with all tax related work.
2. Liaising with auditors in finalising the PF audit.
3. Liaising with the insurer for claims.
4. Assisting team leaders in conducting vendor negotiations and projects.