agm - Jajpur - Jindal Stainless

Description

FINANCE AGM – Job Profile

1. Role Overview

The Assistant General Manager – Finance (AGM – Finance) role responsible for managing the financial operations of the organization, ensuring strong internal controls, statutory compliance, accurate financial reporting, and strategic financial planning. This role acts as a bridge between senior management and various finance sub‑functions to drive process excellence, governance, and business support.

2. Key Responsibilities

A. Financial Reporting & MIS

• Lead monthly, quarterly, and annual closing in SAP/ERP within timelines.
• Review and validate MIS reports, financial statements, variance analysis & management dashboards.
• Ensure compliance with Ind AS, Companies Act, and corporate accounting policies.
• Supervise GL scrutiny, books finalization, and ledger hygiene.

B. Budgeting, Forecasting & Cost Control

• Drive annual budgeting, rolling forecasts, and performance tracking.
• Support management in decision-making with financial models and scenario analysis.

C. Audits & Compliance

• Lead Statutory, Internal & Tax audits.
• Ensure compliance with:
• Income Tax Act (including TDS, advance tax, Form 26AS reconciliation)
• Tax Audit
• Secretarial compliance
• Coordinate with auditors, provide schedules, and drive closure of audit observations.

D. Working Capital, Treasury & Banking

• Oversee cash flow planning, fund allocation, and optimum working capital utilization.
• Manage banking operations: LC/BG issuance, bank reconciliations, fund transfers & treasury reporting.

E. SAP / ERP Finance Operations

• Drive system-based controls and minimize manual interventions.
• Lead improvements in SAP FICO, MI Portal, Invoice Mart, workflow approvals, etc.
• Ensure adherence to:
• RPT SOP in SAP
• Asset Capitalization SOP in SAP

F. Asset Management & Capitalization

• Ensure timely capitalization of CWIP & fixed assets as per Ind AS 16.
• Review supporting documents, trial run reports, commissioning certificates, and depreciation workings.

I. Leadership & Team Management

• Lead and mentor the finance team with a focus on ownership, discipline, and capability building.
• Promote process-driven culture and cross-functional alignment with Purchase, Stores, Projects, Production & HR teams.

3. Key Skills & Competencies

• Strong analytical & problem‑solving skills
• Expertise in SAP FICO, Excel and finance automation tools
• Deep knowledge of Ind AS, GST, Income Tax, Companies Act
• Ability to work under pressure and deliver within deadlines
• Process orientation and automation mindset

4. Educational Qualifications

• CA
• 10–15 years of experience in Finance, preferably in manufacturing, listed companies, or large corporates.

5. Reporting Structure

• Reports To: GM Finance
• Leads: Finance Executives, Banking & Receivables team.