HomeData Science Jobs - BharatUltratech Cement Limited | Hiring | Deputy Manager/ Assistant Manager - MIS...

Ultratech Cement Limited | Hiring | Deputy Manager/ Assistant Manager – MIS & Accounts | Mumbai (All Areas) | BigDataKB.com | 2022-09-28

Job Location: Mumbai (All Areas)

Kindly find the opening below.

  • Location: UltraTech Cement Head Office, Andheri, Mumbai
  • Reporting to : Assistant General Manager- Accounts
  • Designation: Assistant Manager / Deputy Manager (depending on years of experience)

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Key Responsibilities:

1. Consolidated Financial Statements of UTCL and Audit of the Consolidated Financials 

  • To ensure timely collection of financial statements of subsidiaries.
  • To consolidate the financial statements of domestic and international subsidiaries (9 at present).
  • To follow up with subsidiary accounts teams for inter group transactions and obtain relevant details of the transactions. 
  • To give effect to inter group transactions and prepare the consolidated financial statements (Profit and Loss Account, Balance Sheet, Cash Flow Statement) of the Company along with the accompanying notes
  • To check for and ensure adherence to the requirements of IndAS, Companies Act, SEBI regulations and any other relevant statutes.   
  • To co-ordinate with the statutory auditors to ensure timely completion of the quarterly limited review and annual finalization of the consolidated financial statements of the Company.

2. Review of Subsidiary Accounts

  • To co-ordinate with the Finance/Accounts teams of the subsidiaries and ensure the financial statements and accompanying information is received from them. 
  • To review the financial statements for ensuring compliance with the applicable IndAS, CFD circulars, company accounting policy and other relevant statutes/ regulations. 
  • To seek clarifications on any significant variations/deviations in the accounts and advice rectifications, if required 

3. Process Improvements and Automation

  • To understand the problems faced by the team and the areas where degree of manual work involved is high
  • To identify potential areas for improvement in routine or non-routine accounting related processes
  • To study, discuss with consultants, in-house or external, on the means of improvements, including automation
  • To study the software/ new systems that can be used for automation and recommend it to the superior
  • To implement approved automation projects and ensure achievement of project objectives

4. Statutory Compliances

  • To do regular research and study, stay abreast with latest developments in statutory and regulatory requirements
  • To gather data from subsidiaries, analyze the same based on relevant standards.
  • To co-ordinate and explain the new accounting standard/policy to the subsidiaries, ask them to send their draft accounts based on the new policy, review them and suggest any rectifications, if required 
  • To assist in implementation of any new accounting standard/policy and consequently prepare financials and notes forming a part of accounts of Consolidated Financial Statements. 
  • To collect data from the units/zones/subsidiaries for various statutory filings viz. Deposit Return, CBCR filing, etc.,

5. Providing of information for Annual Report and finalization: 

  • To assist in preparation of various information related to financials required for the purpose of Annual Report. 
  • To proof read the Annual Report, communicate errors to the concerned teams 
  • To convert the report into XBRL format 
  • To co-ordinate with the Secretarial team and send the final Annual Report to them for uploading

6. Project Proposal Analysis and Returns Calculations:

  • To prepare projections, calculate NPV, IRR for various projects and analyze their feasibility.
  • To prepare projections for and provide inputs for data analysis for CREC Note for Greenfield / Brownfield projects as per Management requirements.
  • To assist in preparing presentations for the proposals evaluated for submitting the same to BRC.

Interested candidates can share their resume at [email protected]

Kindly revert with updated resume, current CTC, expected CTC and notice period in the email.

Apply Here

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