Job Summary
Review of closing activities of all IPDO plant includes Project Spends & Non-Project spends, Operating expenses provisioning/trend analysis, Pending GRNs, Inventory provision, Advances provision, Advance tax computations, GST Compliance, discussion of non-routine transactions, review of Notes to the accounts IFRS & IGAAP, Analytical Review of Balance sheet and P&L items In Order to ensure accurate representation of financial reporting. You will be responsible for financial monitoring, control, and compliance. You will play a critical role in ensuring accuracy, efficiency, and adherence to policies in various financial processes.
Roles & Responsibilities
1) Monthly/Quarterly/yearly financial closing activities:
Review and monitoring of closing activities of all IPDO plant includes Project Spends & non-project spends, Operating expenses provisioning/trend analysis, Pending GRNs, Inventory provision, Advances provision, Advance tax computations, GST Compliance, discussion of non-routine transactions, review of Notes to the accounts IFRS & IGAAP, Analytical Review of Balance sheet and P&L items In Order to ensure accurate representation of financial reporting.
2) Statutory, SOX and Internal Audit Compliance.
Ensure compliance with Statutory, Internal, SOX and Other audits requirements. Ensure updated SOX documents. Facilitate closure of IA points of operational team In order to ensure compliance with Audit requirements and assess controls at operations.
3) Trial Balance / P&L Review
Review of GL balances, ageing analysis, reason for pendency, details of balances, Complying with Controller's forum requirement In Order to ensure accurate representation of financial reporting and reassessment appropriate controls are at place.
4) Support to Operations and Others
Transaction structuring to comply with all laws & regulations. Financial Validation of all agreements/arrangements. Facilitate Foreign payments and troubleshooting/assistance for domestic payments, Cost optimization, Involve in special projects along with operations.
Assist in elimination of waste and increase time for R&D. Review and approve RGP, NRGP, scrap sales. Process Automation and creating lean process to be efficient.
5) Planning - MIS & Budget ( Capex and Opex)
Provide insights to cross functional heads with specific data analysis and budget vs actuals.
6) Government Incentives
Timely Submission and Compliance with respect to DSIR.
7) Digital Initiatives
Driving automation of manual activities and tracking of ongoing Digitization
