SH Accounts&Overhead at Aditya Birla Group - Uttar Pradesh
Job Number: : 140102VH
Schedule : Full-time
Primary Location : India-Uttar Pradesh-Sonbhadra
Organization : Hindalco - Renukoot
Introduction about the Business
A US $40 billion corporation the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 136000 employees belonging to 42 different nationalities. The Group operates in 36 countries Australia Austria Bangladesh Brazil Canada China Egypt France Germany Hungary India Indonesia Italy Ivory Coast Japan Korea Laos Luxembourg Malaysia Myanmar Philippines Poland Russia Singapore South Africa Spain Sri Lanka Sweden Switzerland Tanzania Thailand Turkey UAE UK USA and Vietnam.Hindalco Industries Limited the metals flagship company of the Aditya Birla Group is an industry leader in aluminium and copper. A metals powerhouse with a consolidated turnover of Rs.600128 million US$ 15 billion Hindalco is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its copper smelter is the world's largest custom smelter at a single location. Established in 1958 Hindalco commissioned its aluminium facility at Renukoot in Eastern U.P. in 1962. Later acquisitions and mergers with Indal Birla Copper and the Nifty and Mt.Gordon copper mines in Australia strengthened the company's position in valueadded alumina aluminium and copper products with vertical integration through access to captive copper concentrates. In 2007 the acquisition of Novelis Inc. a world leader in aluminium rolling and can recycling marked a significant milestone in the history of the aluminium industry in India. With Novelis under its fold Hindalco ranks among the global top five aluminium majors as an integrated producer with lowcost alumina and aluminium facilities combined with highend rolling capabilities and a global footprint in 12 countries outside India. Its combined turnover of US$ 15 billion places it in the Fortune 500 league.
Description
1) Ensuring complianc e with all statutory requirements and accounting standards in finalization of consolidated monthly accounts of Renukoot, Renusagar and mines division so as to facilitate timely finalization of Hindalco monthly accounts at CFD.
2) Ensuring convergence of consolidated Renukoot accounts with IFRS to facilitate preparation of Hindalco accounts as per IFRS.
3) Timely finalization of Accounts of Cogeneration plant and Subsidiary Companies ensuring statutory compliances and compliance with Accounting standards.
4) To ensure Maximum utilization of ERP system, standardize various processes by preparing SOP's and applying best practices across Renukoot, Renusagar and Mines to achieve business excellence.
5) Efficient monitoring of Overhead Cost Budgetary Control and ensuring financial control over schools so as to minimize the overheads and bring more value to the services.
6) Ensuring timely and accurate closing of monthly Sales Accounts so as to ensure complete financial control over dispatches from Renukoot.
7) Ensuring constructive inputs in Policy related matters and general administration so as to secure organizations interest and improved people management etc.
8) 8) Ensuring adequate Insurance coverage of all risks and efficient Insurance claim administration for Renukoot, Renusagar and Mines so as to minimize losses and e nsure early settlement of claims.
9) 9) Efficient fund planning to ensure optimum utilization of funds and monitoring of credit limits so as to minimize the cost of the banking operation.
Qualifications
CA
Around 8 - 10 years of experience from post qualification
Mandatory Skills (i) To pursue and co-ordinate with various units/ divisions/ departments/ companies/offices spread all over India to get the relevant details for finalization of Accounts of Renukoot as well as four subsidiary companies in time is a great challenge. . (ii) Indian Government has decided to adopt IFRS. To identify gaps in Indian GAAP & IFRS and to make suitable changes in system and accounting is great challenge. (iii) To prepare SOP’s to standardize processes and apply best practices across Renukoot, Renusagar and Mines to achieve business excellence is huge challenge. (iv) Keeping abreast of dynamic environment for Insurance and banking regulations to maximize benefit of the organization at minimal cost is a challenge. (vi) Knowledge of all Company/BMC policies, rules, procedures etc. for compliance, control and smooth functioning. (vii) To keep abreast of New Accounting Standards and modifications being issued by The Institute of Chartered Accountants of India (ICAI) to be at par with International Accounting Standards. (viii) To keep abreast with the amendments in the Companies Act, Income Tax Act, Service Tax, Excise Laws, VAT etc. for accounting compliance of various statutory provisions.
Indian Rupee (INR)
Experience Level 6 - 10 Years Reports to : Vice President Infrastructure & Welfare Facilities Hindalco Renukoot is the mother plant of Aluminium of Aditya Birla Group. It was established long back in the year 1962. It is admidst the natural beauty of hills rivers greenery . Facilities available are: 1. School Aditya Birla Public School Aditya Birla Intermediate College Nirmala Convent 2. Beautifull and well established colonies 3. Clubs 4. Library 5. Swimming Pool 6. Markets 7 A well equipped150 bedded hospital 8. Gymnasium 9. Park 10.Renukoot is also known for its beautiful carved temples churches mosque that make the entire ambience very pious and serene.
Last Date of Application 30/04/2014, 11:59:00 PM
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