Plant Accounts Manager - CA - Chemical

Looking for incumbent - 1st attempt CA with 2/3 years exp in Plant accounts.

We are seeking to identify Plant Accounts Manager location at Vizag for a multinational Client who are leader in Chemicals.

Location - Vizag.

Role:

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 procurements.

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

Ensuring 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.

Coordination and support for 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

Effective 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 plan.

Coordinate with Legal function for vetting of legal documents

Key performance Indicators:

Adherence to timelines for submission of revenue budget.

Adherence to budgets.Cost optimization opportunities through reduction of Material and overhead cost

No. of instance of non- compliances to the excise rule & compliance manual.Adherence to policy for records documentation.

Adherence to timelines for preparation & implementation of risk mitigation plan.

Cost saving through effective negotiations.Compliance to commercial manual

Jaina Mavani
Sr Consultant
Anakin Management Consultants