CA NeWs Beta*: Vacancy for CA in Aditya Birla Group

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Sunday, February 15, 2015

Vacancy for CA in Aditya Birla Group

Job Description 

Requisition Title

:DH Finance & Accounts 

Job Number:

:1501012T 

Schedule

:Full-time 

Primary Location

:India-Orissa-Rayagada 

Organization

: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 PM

Click here to apply

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