MANAGEMENT TRAINEE - PLANT ACCOUNTS

Location:

Sriperumbudur, TN, IN

Areas of Work: Supply Chain Job Id: 15305

External Job Description

Job Purpose

• Implement and drive cost management initiatives, define controls to mitigate financial risk, and execute as per laid-down procedures.
• Act as one point interface of plant to Corporate Taxation, Corporate Accounts, Shared Service Center, Legal & Corporate Audit.
• Active role in negotiation and commercial activities of all major procurements.
  
  

• Prepare and propose the factory overhead revenue budget.
• Track costs through effective MIS on a monthly basis and drive cost reduction and control objectives across functions.
• Monitor and control factory-level losses (material usage parameters) to optimize material costs.
  
  

• Implement processes effectively to ensure correct availing of Cenvat credit and correct duty discharge on dispatches.
• File statutory returns with taxation authorities.
• Maintain proper documentation as per Customs procedures, statutory requirements, and internal documentation requirements.
• Provide necessary support to Corporate Taxation in related matters.
  
  

• Support Corporate Accounts in conducting statutory audits related to plant operations.
• Ensure timely submission of quarterly financial closure certificates after due verification by the Statutory Auditor.
  
  

• Conduct regular internal control reviews through process audits, surprise checks, data analysis of key controls, and participation in quarterly stock-taking activities.
• Ensure accurate and timely reporting of statutory compliance applicable to the plant.
• Conduct CAPEX benefit assessments for major capital expenditure projects.
  
  

• Participate in major commercial negotiations and review major purchase contracts applicable to the plant.
• Ensure compliance with commercial policies and authority manuals for all financial transactions.
• Coordinate with the Legal team for review and vetting of legal documents.
  
  

• Set performance goals for team members in line with departmental objectives.
• Conduct periodic performance reviews and assess achievement against goals.
• Prepare development plans for team members to support their growth.
• Identify training and development needs of subordinates.
  
  

• Provide necessary support to the plant for resource provisioning and smooth execution of day-to-day operations.
• Prepare the annual IT budget, monitor its execution, and conduct regular reviews of IT-related issues.