Staff Accounts

**Designation**:Accountant

**Updated**:December 06, 2024

**Location**:Noida, India

**Organization**:Cement

**Job Purpose**:
To supervise complete accounting activities, checking of various financial statements, MIS, reports, and its analysis for effective cost control measures and ensuring compliance to all statutory and legal compliances. To support Unit F&C Head in day to day operations of Accounts department and managing teams to work in sync with the set business parameters & motivating them for achieving the organizational goal.

**Job Context & Major Challenges**:
Job Context:

- Aligarh Cement Harduaganj (A unit of UltraTech Cement Limited) is located at Village Kasimpur, Tehsil koil Dt. Aligarh (U. P.). It is a grinding & packing unit with an installed capacity of 1.3 MTPA. This unit was commissioned in May -09 consisting of Close Circuit Ball Mill with High Efficiency Separator, 2X12 spout Packer Machine. It manufactures Ultratech Cement in various Blends. This unit is one of our most modern establishments of UltraTech cement Limited. The basic raw material i.e. clinker received from Vikram Cement, Khor (M.P.) and Aditya Cement, Shambhupura (Rajasthan).
The main product is flyash based, which is being sourced from Thermal power station Aligarh and cement is supplied to mainly in Eastern UP.. The plant has a state of the art technology featuring Expert System of DCS with fully equipped modern laboratory to ensure optimum production and consistent quality product, these are the latest equipment in cement grinding process. 1. To reduce the power consumption. 2. To increase the flyash TPH to design capacity
The focus area for Job holder is to ensure proper accounting of various expenses in the system and compile financial data for timely closing of accounts and complying with statutory requirements and Insurance activities, capitalization related activities, fund planning activities, salary and wages payment, bank reconciliation. The position is also responsible for providing timely and accurate information to Management for taking strategic decisions, co-ordination with CFD, UKSC and P&B cell for report /information required and will be responsible for handling various audits (Internal/External).

Major Challenges:
- (1) To keep abreast with the changes in tax and other statutory and legal compliances to avoid any noncompliance and liability.
(2) To improve Financial awareness of employees to utilize new and existing software with accuracy mentioning proper GL Code, Cost Centre, budget forecast and expenses.
(3) To keep the manufacturing cost within defined budgets considering ever increasing material cost.
(4) Ensuring accuracy/ timely compliance in view of the high volume of transactions.

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

**Supporting Actions (Max 1325 Characters)**
- KRA1- Commercial Tax Computation and Compliances- Study & identify VAT/GST compliance for timely implementation at unit.
- Update knowledge on various commercial applicable tax laws and ensure effective compliances at unit.
- Interact with Tax Authorities / Auditors/Consultants for managing tax liability of the Unit.
- Ensure deduction of Tax at source and timely deposit of the same.
- Ensure timely collection of TDS certificates from parties.
- Coordinate with UKSC for ensuring timely payment of all statutory dues without any default.
- Provide necessary details to UKSC for Direct Tax Compliance, calculation of Advance Tax, correct deduction of TDS on various activities.
- CST refund filing and compliances for getting timely assessment.
- Ensure timely and correct C form issue to the vendor.
- KRA2- Legal Compliances and Internal Control Procedures- Ensure Timely Legal/statutory compliances of the Unit.
- Take up with the other departments of the Unit for timely compliance and proper Updation of all compliances on Compliance Management software.
- Review & submit various details to the Auditors and arrange reply to queries of Auditors.
- Preparation of report showing deviation of compliance on monthly basis for management review.
- Regularly update status of legal cases in ROZNAMA software.
- Updation of reports in APT Audit compliance tool & get updated status from all the departments.
- Ensure compliance of all the CFD circulars, ICQ, and SOPs etc., provide clarification to other department of the Unit.
- Review of Capex spent of the unit. Physical verification of the all the asset and submit report to Unit management.
- Review of land documents to ensure proper control of property.
- Ensure compliance to delegation manuals and other management directions across unit.
- KRA3- Compliance to Finance and Accounts activities- Supervision of Finance and Accounts activities to ensure compliance of Financial Accounting System
- Review of books of accounts and financial reports to ensure accuracy and fair disclosure of results.
- Checking of monthly/ quarterly / half yearly / annual accounts as per