Job Description

Roles & Responsibilities:

- Responsible for resolving legal matters like adverse notices and assessments in the taxation area

- Budgeting and planning exercise from the Finance department

- Ensure total compliance with laid down norms in terms of compliance financial inclusion, documentation, operational risk and other regulatory control standards

- Accounts receivable management, Ensure compliance with established policies in all accounting transactions

- Unblocking of the export & re-export orders for sales dispatches and for production. Verification of receivable LC\'s & BG\'s updating and follow up for renewals without failure.

- Account receivable aging presentations for monthly MIS reports

- Customer statement reconciliations, Intercompany receivables reconciliations.

- Daily receipts, debit notes and credit notes passing. Bank reconciliation.

- TMI & CMI provisions and expenses monitoring for Export & Re-export market.

- To close the month end books of AR&CM transactions with verification and run the create accounting to finalizing transactions transfer to respective general ledgers.

- Responsible for taxation budgeting including tax planning and changes in the tax budgets

- Design and implement control measures and monitor plans for compliance and risk management

- To ensure monthly and annual compliances and implementation of operational

- To provide complete support for all tax audits in relation to direct and indirect taxes

- To participate in budget setting, planning, monthly monitoring and reviewing

- Ensure complete understanding of corporate laws, keep up to date with any changes in legal and regulatory frameworks and take any necessary corrective actions

- To carry out all requisite activities related to accounting and book keeping such as General Ledger reconciliations, ledger entries, vendor payment processing etc.

- Ensure timely completion of all payable activities such as vendor payments, salary pay-outs etc.

- Ensure processing of sales orders, invoice processing, monitor receivables ageing and take appropriate legal actions upon delays in receivables

- Ensure adherence to planned budgets and minimize deviations in spend from the allocated functional budgets

- Timely prepare and submit the related MIS. Circulate the MIS to all concerned stakeholders as per the agreed timelines

- Liaise with IFFCO\'s corporate insurance teams to insure all fixed assets including, but not limited to plant machinery, infrastructure etc.

- Lead negotiations with Insurance companies for all claims settlements related to the Business unit

- Conduct risk assessments based on reports and insights shared by insurance companies to assess risk exposure to plants\' fixed assets

- Allocate work to subordinates, nominate for training as per guidelines, conduct performance reviews and manage leave and overtime to ensure efficiency.

- Participate in the identification of training and development initiatives for all subordinates

- Drive the engagement and satisfaction of the team through holding periodic meetings to discuss the achievements and address any employee issues and/or concerns. Build an effective, efficient and motivated team

- Supervise direct reporters in their day-to-day tasks and guide them in managing their performance by providing appropriate feedback and counselling. Provide recommendations to HR & Admin on hiring and promotions

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