1. Financial Operations Review:
- Conduct thorough reviews of General Ledger (GL) Charge accounts and Liability codes, ensuring timely booking of bills with no pending items aged over 60 days.
- Monitor all types of transactions including GRIR, Advance, Deposit, Provision, SRN, and Condition line items, taking proactive measures to resolve any discrepancies.
1. Statutory Compliance Management:
- Ensure compliance with on-time payment of statutory dues such as TDS by calculating TDS payments accurately and making payments through SBI.
- Prepare and submit quarterly TDS returns to TIN Facilitation Centres.
1. GL Code and Cost Analysis:
- Perform comprehensive reviews of each GL Code, focusing on Liability against GRIR, Uploaded transactions, accrual liabilities, GST receivable accounts, and Deposits/advances.
- Explore possibilities for Ind AS capitalization and harmonization of cost booking to avoid overlapping costs into the next month.
1. Financial Closing and Reporting:
- Close books by D+1 with minimal provisions,
ensuring adherence to current plant opening/closing checklists and regular monitoring of plant performance.
- Prepare accrual liability reviews at the entity level, analyzing ageing and ensuring accuracy.
1. Process Integration and Testing:
- Integrate activities to enhance governance and facilitate tracking of withholding tax and critical reports.
- Lead testing of all new upcoming plants for RMX-North in the S4 HANA environment.
1. Excellence in Execution and Cost Leadership:
- Lead initiatives to enhance execution excellence and implement a strict reporting framework to resolve old issues and maintain updated books.
- Drive cost consciousness and achieve cost leadership through industry insights and benchmarking.
- Identify areas of improvement and coordinate closely to implement smart working solutions.
Team Development and Innovation:
- Conduct structured weekly review meetings with plant admin teams to