
Finance & Accounts
4 days ago
Finance & Accounts
LNT/F-A/1140658
L&T Energy - HydrocarbonKnowledge City Vadodara
- Posted On
09 Sep 2024- Required Experience
1 - 3 Years**Skills**:
Knowledge & Posting Location
ACCOUNTING
FINANCE
Minimum Qualification
CHARTERED ACCOUNTANT (CA)
**Job Description**:
**JOB DUTIES/ RESPONSIBILITIES**
Primary:
- All accounts closing activities related to vendor section for finalization of quarterly and annual accounts of the Company
- Preparation of relevant data for Disclosure and provisioning requirements for MSME vendors in financial statements
- Coordination with internal and statutory auditors, clearing their queries and providing all clarifications / documents, etc.
- Coordination with various departments for providing data required by auditors during Tax Audit, Transfer Pricing Audit and ICFR Audit
- Compilation of data and other relevant documents required for determining arm’s length price pertaining to related party transactions under Companies Act
- LC establishment and amendment including co-ordination with SCM, SSC and banks
- Conduct independent business process review to identify gaps, if any, and suggest remediation
- Vendor balance confirmations on periodic basis and reconciliation
- Process Improvements and strengthening of controls
- Review of controls related to P2P process using data analysis to check adequacy and operating effectiveness.
- Tracking and ensuring systematic remediation of the internal audit observations
- Initiate and prepare new analytics and periodic management reports including development of dashboard
**_
Secondary:_**
- Create awareness about compliances amongst the SCM / SSC / project team
- Establish and integrate processes to align with different stake holders
- Strengthening the function by benchmarking with good practices in the industry
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