- Cost Management
- Facilitate cost monitoring and control
- Budgetary Control – Operation & Maintenance Cost, Interest and Manpower
- Financing & Working Capital Management
- Ensure interest cost are maintained below level as decided yearly
- Ensure borrowing levels within the budget.
- Compliance & Controls
- Comply with procedures and financial policies ensuring financial discipline.
- Ensure that all transactions are recorded, consolidated, reported in compliance with prescribed accounting standards and policies.
- Ensure robust Internal Control system and processes
- 100% compliance with statutory requirements of excise, VAT, service tax, TDS, etc. & new regulations like GST, Recent Companies Act, IND AS, ICFR, ICDS, etc. for the plant.
- Review financial transactions/reports in line with the policies.
- Adherence to organizational procedure issued by management.
- Ensure zero noncompliance during various statutory/internal audits.
- Financial Accounting
- Ensure robust finance and general accounting systems and processes in plant to monitor performance.
- Conduct and/or support execution of financial and process audits.
- Treasury
- Monitor timely availability of funds and adhere to F&A; SLAs
- MIS & Analytics
- Support decision through timely updated financial MIS, costing and budgets.
- Build Financial models for business forecasting & sensitivity analysis, business alerts
- Strategy & Decision Support
- Facilitate Strategy support to management in order to smoothen operations especially in the Fuel Supply Chain Management and Support in legal issues
- Secretarial and Board Meetings
- Facilitate communication on financial matters to the Board.