Description

ü  Designing and implementing systems to ensure smooth functioning of finance & accounting operations across organization.

ü  Preparation of MIS reports to provide feedback to top management on financial performance, viz risk control, profitability etc.

ü  Compiling &analyzing of MIS on debtors, creditors, expense sheet & analysis of profitability position of the organization.

ü  Review compliance to the accounting systems & procedures in place; supervising the timely preparation of statutory books of accounts and finalization of yearend financial statements.

ü  Managing the maintenance of Accounting System & financial statements including P&L Account and Balance Sheet, ensuring conformance to time, accuracy and accounting standards.

ü  Preparing and maintaining necessary stock records to track the inward / outward movement of goods; conducting stock verification / reconciliation at regular intervals.

ü  Preparing reports on performance of company, scrutinize the processes / procedural break downs in accounting system, operational divisions in the organization.

ü  Handling financial matters including Working Capital Management, Ratio Analysis & Cash Flow Analysis.

ü  Ensuring renewal of Insurance Policies in time and filing of claims, if any.

ü  Preparation of Financial Appraisal Note and CMS data for financing Working Capital / Term Loan.

ü  Preparation of monthly stock statement, FFR 1 & FFR 2 for working capital and quarterly progress report for Project Loan.

ü  Arrangement of Consortium Bankers Meeting, participate in the meeting, preparing minutes of the meeting.

ü  Liaison with bankers on regular basis, preparation and filing of documents as required by different bankers.

ü  Managing Term Loan & Cash Credit Account and ensuring that no default has been made in any account and all accounts are regular & standard.

ü  Liaison with financial consultant for syndication of project loan and also additional finance for existing unit.

ü  Preparation of documents including projections for renewal of existing loan and also for replacement / reschedulement of Term Loan.

ü  Maintaining project account separately from the normal account of the existing plant.

ü  Tracking payments in different heads and ensuring that payments are within the project cost.

ü  Preparation of drawl plan for disbursement of funds in line with project implementation schedule.

ü  Liaison with Advocates for preparation of various Legal documents.

ü  Liaison with Lender’s independent engineer for preparing quarterly progress report of the project required to submit to the bankers.

ü  Ensuring that progress of the project is in compliance with the project implementation schedule regarding time and cost.

ü  Ensuring insurance policies for the project like storage cum erection insurance policy, workmen compensation policy and marine insurance policy etc.

Information