Job Description
Requisition Title
:DH Finance & AccountsJob Number:
:1501012TPrimary Location
:India-Orissa-RayagadaOrganization
:Utkal Alumina
Introduction about the Business
A
US $40 billion corporation the Aditya Birla Group is in the League of
Fortune 500. It is anchored by an extraordinary force of over 136000
employees belonging to 42 different nationalities. The Group operates in
36 countries Australia Austria Bangladesh Brazil Canada China Egypt
France Germany Hungary India Indonesia Italy Ivory Coast Japan Korea
Laos Luxembourg Malaysia Myanmar Philippines Poland Russia Singapore
South Africa Spain Sri Lanka Sweden Switzerland Tanzania Thailand Turkey
UAE UK USA and Vietnam.Hindalco Industries Limited the metals flagship
company of the Aditya Birla Group is an industry leader in aluminium and
copper. A metals powerhouse with a consolidated turnover of Rs.600128
million US$ 15 billion Hindalco is the world's largest aluminium rolling
company and one of the biggest producers of primary aluminium in Asia.
Its copper smelter is the world's largest custom smelter at a single
location. Established in 1958 Hindalco commissioned its aluminium
facility at Renukoot in Eastern U.P. in 1962. Later acquisitions and
mergers with Indal Birla Copper and the Nifty and Mt.Gordon copper mines
in Australia strengthened the company's position in valueadded alumina
aluminium and copper products with vertical integration through access
to captive copper concentrates. In 2007 the acquisition of Novelis Inc. a
world leader in aluminium rolling and can recycling marked a
significant milestone in the history of the aluminium industry in India.
With Novelis under its fold Hindalco ranks among the global top five
aluminium majors as an integrated producer with lowcost alumina and
aluminium facilities combined with highend rolling capabilities and a
global footprint in 12 countries outside India. Its combined turnover of
US$ 15 billion places it in the Fortune 500 league.
Utkal Alumina International Limited is a part of Hindalco Industries
Limited. Situated at Doraguda, Rayagada dist. of Odisha has set up a 1.5
mtpa Alumina Refinery Plant with 90 PM power plant and 4.5mtpa Mines.
The Unit has started its commercial production in the year 2014 and
running smoothly with full capacity.
Description
4) Principal Accountabilities | |
Accountability
|
Supporting Actions
|
Management of Finance & Accounts functions of all departments,
Mines etc. to ensure smooth & effective functioning of the dept.
|
Introduction & development of accounting system, monitoring
& review the accounting management of all the areas through various
monthly report & accounts. Continuous monitoring & follow-up
& review the status reports of financials on monthly basis.
Periodical monitoring the Bank & Cash positions. Close monitoring of
overheads under various heads and review the same monthly.
|
Monitoring of project cost and allocation of funds
|
Close monitoring of the project cost with reference to the Budget,
commitment and spending. Judicious allocation of fund for smooth &
effective progress.
|
Capitalization of project facilities & equipment (Green field Project)
|
Capitalization of all equipment & facilities with outmost care
and ensuring correct figure as well as compliance of all related
accounting standards and expert committee opinion & recommendations
with all necessary compliances of auditors.
|
Accounts & Audit requirements
|
Review of the final accounts in terms of compliance, ensure
finalization and timely submission of accounts to the authorities.
Ensuring and providing resources and liaison with auditors for smooth
& timely completion of the audit. Giving response to the necessary
audit queries and ensure compliance of the report. Supervision &
monitoring of Internal audit.
|
Budget & MIS & Costing
|
Ensure timely preparation of the Budget and monitoring & analyzing the budget vs actuals on monthly basis.
Providing necessary MIS to the management for decision making on monthly basis viz. Capital budget & others.
Providing Daily/Monthly costing of the products.
Ensuring timely submission of Cost audit report and other informations.
|
Compliance of statutory requirements
|
Ensure compliance of necessary statutory requirement like correct
deduction of TDS, timely deposits of TDS, Sales Tax, Excise duty,
Service tax etc. and submission of returns with the various govt.
authorities.
Adequate communication & effective follow-up to ensure the compliance.
|
Insurance Coverage
|
Ensure proper coverage of insurance for Cash, Marine, project, Fixed assets etc. and monitor its compliance.
|
Internal & External customer satisfaction on financial transactions
|
Ensure timely payment of Salary & wages, Monitor payments of advance, retirement/separation benefits etc.
Monitor timely payment to the all eligible contractors, service providers etc.
Monitor and ensure timely payment of all types of govt. dues and ensure compliances.
|
Others
|
Ensuring effective environment within department.
Close monitoring for developing successors by cross functioning & job rotations. Focusing on development of team culture.
|
Qualifications
CA with 1st attempt will be given preferance Mandatory Skills Budget & MIS & Costing
Compliance of statutory requirements
financial transactions
Taxation & Audit Maximum Salary
: Indian Rupee (INR) 3,000,000
Experience Level 16 - 20 Years Reports to: Senior Vice President Infrastructure & Welfare Facilities The unit has a mordern township with all amenitites.
Last Date of Application
20/02/2015, 11:59:00 PMClick here to apply
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