Job Purpose
Responsible to monitor & authorize the entire payment process and manage statutory commitments - payment, return filing, certificate submission to the statutory bodies. Ensure accurate accounting of expenses in the financial statements of the company & fulfil all audit deliverables.
Job Context & Major Challenges
Aditya Birla Money Ltd. (ABML) is primarily a Broking Company, deals in Equity, Commodity & Currency. Workforce of ~800 spread across ~40 locations with customer base of in excess of 3 lacs. Commodity operations are managed through its 100% subsidiary Aditya Birla Commodities Broking limited. ABML is one of the leading securities trading companies in the country. ABML operates in a fragmented equity broking business and has a daily turnover of close to 3,000 Crores with a market share of 1%. ABM works in a highly regulated workplace with a host of regulators like SEBI, RBI, AMFI, FMC, IRDA etc. regulating its day to day operations.



In addition to the regulator ABML is also subject to close monitoring and inspection through various agencies like NSE / BSE / NCDX / MCX / NSDL / CDSL etc. ABML also operates in a highly competitive market mainly in fragmented industry with ABML competition from major National Broking houses like ICICI Securities, HDFC Securities, Angel Broking, MOFSL etc. and a range of local Broking outfits.

Job Context:
• Job holder is responsible to validate the payment processing and release payment – vendor payment + business pay-out + employee reimbursements.
• Audit co-ordination; being listed entity ABML is subject to quarterly LR audit. Audit plan to be drawn on discussion with functional owners and ensure smooth completion of audit by providing data for 3 months in the limited audit time.
• Periodic MIS to internal and external stakeholders and query handling pertaining to the same.
• Certificates and Reports in prescribed form to be submitted to Exchanges and other Regulators.
• Responsible for reconciliations, ledger

📌 Deputy Chief Manager (Chennai)
🏢 Financial services
📍 Chennai