Corporate Commercial Officer

1 day ago

Mumbai, Maharashtra, India Hindustan Colas Full time

Designation - Corporate Commercial Officer

Location ; Lower Parel

Qualification : Passed - Chartered Accountant

No Of Vacancy - 1

Role ;

The Officer will support the Chief Financial Officer in providing reliable and timely financial information, handling day to day financial transactions at Corporate & monitoring and consolidating various reports.

Preferred candidate profile

Operational

  • Ensuring MIS reporting (including Foreign Reporting) at month end covering various activities

  • Analysis of the account ledgers and processing / review of various period end journals

  • Budgetary Controls and Profitability analysis / validation

  • Review of Costing / Pricing and variance analysis

  • Forecasting of cash flows and handling fund management

  • Liaison with bankers for strategic matters as well as operational requirements

  • Formulating accounting policies, monitoring the accounting practices and compliance of GAAP

  • Handling of Statutory Audit / Tax Audit and assisting in preparation of financial statements

  • Preparing various reports for use of the Board of Directors and Top management

  • Handling Direct Taxation (Income Tax, FBT, TDS) - Compliance, Availment of benefits ,Assessments, Appeals etc

  • Advisory to Plants on Indirect taxes (Excise, Service Tax, VAT/Sales Tax, WCT, Customs, Local Levies)

  • Review of business models of new ventures / products

  • Financial guidance / concurrence in imports / purchase / marketing decisions

  • Designing / Strengthening internal control systems as well as cost control measures

  • Reviewing capitalization and monitoring assets accounting

  • Working capital management inventory control and valuation

  • Account receivables management and credit control

  • Accounts Payable Management, Disbursements and remittances to overseas promoters / vendors

  • Commercial matters of Channel partners like depots etc.

  • Coordination with Internal Auditors, preparation of check charts and review of reports / replies

  • Others - Risk management / due diligence / review of agreements and contracts

  • Encourage higher level of IT enablement in the function.

  • Assisting in designing / enhancing various controls / functions in SAP

a) Qualification

  • Chartered Accountant - Passed

  • Minimum 1- 7 years experience

a) Special Skills & Knowledge:

  • Income tax laws

  • Latest and prevalent accounting standards

  • Forex / treasury management / imports

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