ACCOUNTS HEAD for PLANT in CHENNAI Experience Experience in heading the Accounts department for 10 years at plant level Qualifications B Com M Com and Diploma in Taxation Leadership Team Building Motivation Counselling Liasoning Managerial Budgeting Databased decision making Continuous Improvement Cost Control MIS and process orientation Functional Understanding of all legal and statutory compliances related to taxation Expert knowledge of accounting principles Communication Communication skills especially listening skills Presentation Skills and Public Speaking Skills Technological Capability to use Microsoft office Intranet and internet SAP Appreciation for use of technology to improve output performance PURPOSE Maintain books of accounts Ensure compliance to accounting standards applicable taxation norms and applicable audit norms Monitor control and guide organization for costs consciousness and proactively participate in ensuring commercial viability of the organization KEY RESPONSIBILITIES Understanding Systems Implemention Ensure that the Books of Accounts are maintained as per accounting standards Understand the guidelines to check pass the bills correctly e g purchase bills labour payment professional fees etc Follow the system for Allocation of Common Overheads incurred at by Corporate for various units and seek approval from CFO Follow Internal Control policies and procedures for various payments processed including cost control Adhere to the Scrap Management Policy Liaise with external auditors and ensure compliance with statutory regulations Ensure that audit-based relations with external auditors are handled and followed up professionally and promptly Ensure preparation and submission of timely and accurate MIS and preparation of consolidated reports like production details raw material consumptions details etc Support in developing annual and periodic financial reports such as balance sheet profit and loss and other statutory financial statements Along with CFO liaison with auditors tax advisers and bankers and manage relationships with finance-related regulatory bodies Ensure optimal use of manpower and ensure appropriate delegation Accounting Ensure optimal use of manpower and ensure appropriate delegation Purchase bill booking Duty Draw Back Working if applicable ECGC Working if applicable Double taxation Treaty and TDS as per section 195 for Exhibition Selling commission Service Income track Revenue Leakages Control on cash transactions Fixed Asset Register maintenance and periodic Physical Verification Depreciation Register maintenance and accurate calculation of depreciation Authorize payment to creditors as per agreed terms and conditions Debtor Management as per laid down norms Bank Receipts Cash Payments and Receipts Bank Payments Royalty Accounting and Payments Selling Commission Administration and Payment Dealer Management EMD Security Deposits Full Final Settlement Form 16 Form 16A IT Proofs Ensure timely Insurance of machinery equipment premises manpower Banking Ensure accurate and timely data to Corporate for Submission of QIS Stock Reports CMA Limits Renewal Working Capital Management Term Loan Management Taxation Create seek approval from Corporate and implement Tax Calendar ensure 100 compliance to it Ensure accurated at a compiling Return preparation and coordinate with inputs so that Corporate can timely file returns for the following except local taxes Collection of C-Forms Provide requested data in standard format ensure data of Invoice Copies for previous and current years is available in SAP Reconciliation with customers Issue of C-Forms and reconciliation of Accounts with Suppliers Service Tax File - Monthly Half Yearly Returns Vat - File Monthly Annual Returns LBT - Monthly and Annual Return TDS - Monthly and quarterly Return Excise - Monthly E-Submissions Annexure 19 Proof of Export ER-1ER-4 ER-6 ER-7 return and 57 F 4 Scrap - Accounting and Collection against scrap sale as per policy Audits Ensure all audits are handled efficiently timely and without any liability to the organization Guide Team and ensure 100 accurate and timely preparation for all the following areas Coordinate with auditor s resolution of queries and take necessary actions with approval of HOD Conduct Internal Audits as per defined periodicity resolve queries and extend external audit support Statutory Audit Internal Audit Tax Audits Cost Audits P Audits Assessments Ensure all assessments are handled efficiently timely and without any liability to the organization Guide Team and ensure 100 accurate and timely preparation for all the following areas or any applicable laws GST Service Tax Excise Vat Income Tax LBT TDS Finalization Ensure preparation and compliance to all actions leading to finalization of company accounts Support Corporate in preparation of Balance Sheet and Profit and Loss account of the company at the end of each financial year Send Balance Confirmation Letters to suppliers and customers Submission of Letters to Banks for Balance Confirmation Outstanding BG s by corporate Calculation and Documentation of all Provisions including Selling Com Transport etc Balance Confirmation from all Branches and Employees Reconciliation with 26AS and follow up with customers Foreign Exchange Working Reports Managerial Responsibilities Preparation of quarterly presentation to Board Ensure the organization gets full benefit of Export Incentives and Schemes Ensure all necessary documentation for RBI IPP Data is in place Statistical Data preparation Marketing Coordination Participate in Stock Verification as management representative Ledger Scrutiny is undertaken periodically Crisil Rating - preparation for audit and participation Coordination with Company Secretary for reports Returns Budget Cost Control Contribute in the Annual budgeting exercise by compiling historical data and projections for next financial year Prepare seek approval and implement an IR Admin Budget to deliver on all annual goals Understand the approved budget for the year and communicate to all concerned on a need to know basis Use optimally monitor and control the plant s budget for the year Record data and variance against budget items assigned to your plant Analyze and take corrective actions Standard Operating Procedures Ensure compliance to designed procedures and use of related formats and checklists Review the procedures periodically and give suggestions for upgrading them the related formats and checklists Continuous Improvement Ensure Continuous Improvement with a focus towards Customer Satisfaction and Cost Control Ensure Process optimization in all areas of the business - including developing new ways to improve safety efficiency and reduce cost Develop solutions to complex repetitive problems Participate in organization wise initiative to benchmark costs with the best in the group activity championship take goals to bridge gap between parameters at your area of operation and the best in the group Ensure updated knowledge for respective function at any given point by attending functional trainings subscribing studying functional industrial journals and periodicals Reports MIS Contribute in designing MIS templates to track business plan budget and process compliance Ensure authenticated benchmarks are recorded wherever applicable Understand the figures and their impact analyze same and propose corrective actions wherever needed Ensure communication of same to team Team Management Understand Manpower requirement to ensure results are achieved prepare analytical justification and take approvals for Manpower Plan Participate in Recruitment and Selection of your team as well as of other departments as and when needed Contribute with quality time in the Induction of any team member and ensure the current employee is given all information of systems procedures within department for him to be able to perform with immediate effect Plan Monitor Guide and Evaluate Performance of reporting Team Set objectives targets for each role at defined periodicity Give continuous and honest objective feedback on achievement track improvement areas concerns and guide to ensure goals are achieved Ensure a second line is consciously created to take on your routine jobs Ensure adequate formal informal training is given to all employees to facilitate optimum performance Investigate and resolve any disciplinary or employee relations issues to ensure smooth operations Ensure team is motivated guided mentored thereby creating a healthy working culture Ensure adequate communication for the same Key Result Areas Book Keeping - 100 compliance to Accounting standards Accurate and timely closures of all books Statutory Compliance - 100 compliance to all statutory requirements Zero penalties fees on account of delayed compliance Audits Assessments - 100 adherence to Audit Calendar Timely Accurate audit and assessment preparation Job Type Full-time Pay From 35 170 99 per month

📌 Accounts Head (Tamil Nadu)
🏢 People Process Teck
📍 Tamil Nadu