Sr Executive/ Assistant Manager

1 day ago

Bengaluru Bilaspur, India Arete22 Limited Full time ₹ 1,04,000 - ₹ 1,30,878 per year

Sahuwala Group - Arete22 Limited

Primary Responsibilities

Financial

Conduct budgeting exercise for the Plant and prepare the annual budget in coordination with the Plant Head

Ensure adherence to the budget, undertake analysis of any deviations and suggest corrective action

Customer

Oversee the payroll process for the employees at the Plant and payment to vendors, contractors and parties to minimize dissatisfaction on account of late payment of salary & wages or vendor payments

Process

Guide and oversee maintenance of books of accounts and records at the Plant, in accordance with policies, general accounting standards, statutory norms and time lines established to meet all internal and external reporting requirements

¢ Approve all expense vouchers and bills for the plant including those related to purchase, stores, and miscellaneous expenses

¢ Direct and ensure effective cash flow management in alignment to corporate guidelines, suggest corrective actions in case of process deviations and escalate issues to the Corporate Finance & IT Head in a timely manner

¢ Manage fund requirement for the Plant and coordinate with Corporate Office for requirements

¢ Monitor accounts payables as well as accounts receivables according to the preset standard operating procedures & systems

¢ Review and ensure timely preparation of P&L statements, Balance Sheets and other financial statements as per defined frequency

¢ Analyze costing & approve for submission to Corporate Finance, direct corrective action in case of variances.

¢ Ensure timely and accurate generation of MIS reports for top management review

¢ Responsible for preparation of audit schedules and oversee smooth coordination of audit process with Statutory Auditors, Internal Auditors, Tax Auditors, PF Auditors, and prompt closure of any issues / non-compliances

¢ Oversee timely filing of returns such as income tax return, TDS return, VAT returns, excise duty, service tax returns to adhere with compliance guidelines and obtaining refunds where possible

¢ Ensure compliance to various direct tax (e.g. Annual returns, TDS returns, Advance tax) as well as indirect tax provisions

¢ Interact with tax authorities to facilitate tax assessment

Learning & Development

¢ Drive capability building and development of high potential talent within the maintenance team

¢ Provide guidance, counseling and feedback to subordinates on their performance to ensure a motivated and committed team

¢ Nominate subordinates actively for the people development initiatives like trainings, workshops across the organization etc.

¢ Ensure timely completion of all stages of Performance Appraisal Process

¢ Oversee employee relations to ensure harmonious employee relations in the Finance Department

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