Front Line Officer-accounts

**Designation**:Officer

**Updated**:September 29, 2024

**Location**:Andhra Pradesh, India

**Organization**:Chemicals

**Job Purpose**:
Carry out day to day Accounting activities of the plant and timely release of payments to ensure adequate controls while ensuring timely statutory compliances

**Job Context & Major Challenges**:
3) Job Context & Major Challenges
(What are the specific aspects of the job that provide a challenge to the jobholder in the context of the Unit/Zone?
Chemicals Business of Aditya Birla Group produces Chlor-Alkali products among other Chemicals through seven units situated in different parts of the country. This is the Eighth unit which is under project phase. ABG is largest producer of Chlor Alkali in India with a market share of approx.30%.

One of its state-of-the-art manufacturing facilities is based at BBPURAM having the capacity to produce 400 TPD of Caustic. The Unit also produces Chlorine derivate namely Chlorinated Paraffin's (CP, Stable Bleaching Powder (SBP) & Monochloro Acetic Acid (MCA).

The unit, located in the East Godavari Dist. of AP state, is poised for an ambitious growth.

Major Challenges:
'¢ The Chemical Industry often deals with complex financial transactions, such as inventory valuation, cost accounting, and revenue recognition.
'¢ Ensuring compliance with these regulations can be demanding and time-consuming.
'¢ Managing costs and budgets is crucial in the Chemical Industry, which often involves dealing with large-scale production, procurement of raw materials, and distribution.
'¢ Managing inventory levels, ensuring accurate valuation, and minimizing obsolescence can be complex tasks.
'¢ Identifying, assessing, and mitigating these risks requires a proactive approach and strong risk management skills.
'¢ Effective communication and collaboration across these departments are vital to ensure accurate financial reporting and decision-making.

**Key Result Areas**:
**KRA (Accountabilities) (Max 1325 Characters)**

**Supporting Actions (Max 1325 Characters)**
- KRA1- 1. Accounting: Manage Accounts receivables, over dues and payables- '¢ Carry day to day activities related to general accounting
'¢ Finalize accounts on quarterly / annual basis in Hyperion
'¢ Conduct thorough checking and ensure timely submission of reports
'¢ Comply with all statutory compliance in proper time and correctly
'¢ Study developments and changes that takes place from time to time and to implement and incorporate them accordingly
'¢ Thoroughly review & ensure timely implementation of IFRS
'¢ Collect Data from various Dept. and co-ordination for adjustment of all accounting entries on timely basis
'¢ Compile information received from each function and preparation of Quarterly accounts and presentation of data as per statutory requirement
'¢ Accounting and recording of salt trading business- KRA2- 2. Payments & Bill Passing: Timely pass bill and payments to vendors- '¢ Verify contractor bills including project bills with scheduled rate and work order
'¢ Proper checking of transporters and stores passed bills for correct rate, adjustment of TDS, S.Tax & deductions etc.
'¢ Generate payment advice on due date
'¢ Release payment to sundry contractors & transporters on due date through Cheques, RTGS, Bank transfer and payment advice etc.- KRA3- 3. System Management (Safety, Sustainability & WCM):
Adhere to safety & statutory environmental requirements- '¢ Strictly adhere to safety norms & safe operational procedures
'¢ Strictly adhere to OHSAS & SA 8000 norms
'¢ Implement IMS, WCM and sustainability practices
'¢ Handle emergency situations like Liquid Chlorine leakages etc. under Disaster Management activities
'¢ Train the team to comply with these norms
'¢ Maintain process systems having zero effluent and zero accident- KRA4- 4. Acting as core FI member- '¢ Being responsible for core FI members, coordinating with different members of accounts for systems related issues
'¢ Taking up the SAP issues with site I.T. and Central IT for quicker resolution
'¢ Imparting training to Accounts team for SAP '“ FI related developments.**Qualifications**:
MBA,Master in Business Finance,Masters Of Finance and Control

**Minimum Experience Level**:
3-7 Years

**Report to**:
General Manager