Location: Torrent Research Centre, Bhat, Gandhinagar
Required Qualification: CA/ ICWA/ CMA
Required Experience: 5-7 Years
Responsiblities:
Routine Activities
- Verify and process Full & Final Settlement (F&F;) of employees.
- Review and authorize online and cheque payments.
- Check and authorize GST invoices and challans related to material transfers.
- Prepare and submit quarterly IFC data for Capex and Payroll.
- Maintain and update Capex MIS, including Budget vs. Actual analysis (YTD), to:
- Monitor actual expenditure against approved budgets.
- Identify non-moving and dropped budget items.
- Coordinate with users for PR/PO creation against approved Capex line items.
Periodic Activities
Capex Management & Budgeting
- Review and monitor Capex budget proposals.
- Generate and analyze routine Capex MIS reports.
- Coordinate with all departments for annual Capex budget requirements, ensuring proper justification and supporting documentation.
- Review previous-year open budget items and obtain confirmation for carry-forward requirements.
- Create Internal Orders (IO) and Assets Under Construction (AUC) and allocate budgets accordingly.
Financial Reporting & Accounting
- Pass and monitor accounting entries related to loan interest.
- Review and account for inventory valuation and inventory provision.
- Prepare project-wise expense tracking and movement analysis for monthly MIS reporting.
- Analyze project-wise financial impact and movements for monthly management reporting.
Compliance & Government Reporting
- Prepare and submit documentation for DSIR renewal and recognition of the In-House R&D; Center.
- Prepare and submit Capex-related Production Linked Incentive (PLI) data.
Management Information Systems (MIS)
- Generate periodic MIS reports related to Capex utilization, project progress, and budget performance.
- Track monthly project-wise expenditure and provide insights on financial impact and budget utilization.
Key Coordination Responsibilities
- Liaise with departmental stakeholders for Capex planning and budget implementation.
- Coordinate with users to ensure timely PR/PO processing against approved budgets.
- Support management decision-making through accurate financial analysis, reporting, and compliance submissions.