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

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)

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.