Head Power Finance-Jharsuguda

Head Power Finance-Jharsuguda 28 views

Job Overview

  • Dress Code Casual
Head Power Finance
Requisition Id – 11475
Posted

15 days ago

Active

High

Requisition Preview for Head Power Finance, Vedanta – Jharsuguda

No. of positions

1

Salary Budget

₹20.00 Lac – ₹30.00 Lac

Total Experience

10 – 15 years

Relevant Experience

5 – 10 years

Video Input

No

Position Type

Full time

Gender Preference

Female Only

Location

Jharsuguda

Intended-DOJ

19-03-2024

Industry

Industrial & Manufacturing

Job Role Type

Description

Position Summary/Job Purpose To provide strategic direction to Power finance team by implementing Finance & Accounts policies; advise CFO in relation  with policy definition and implementation in the context of Vedanta Group’s interests.   Organizational Chart CFO Power (M3) Head Power  Finance (M4) Education Qualification | Work-Ex | Desired Attributes o Graduate Degree with a professional qualification in Accounting or Financial Management (ICAI/ ICWAI)  o 10+ years of experience in Finance & Accounts functions with atleast 5 years of experience as Head of finance  function for a manufacturing company Key Responsibilities • Strategy Planning and review for Power o Control the finance and overall spending for the power business. o Finalize IGAAP accounts, notes to accounts, and management information system (MIS) reporting. o Ensure completeness of month-end closing activities at the consolidated level. o Compile the business plan for the power business, including plant-wise plans. o Complete cost audits and file them with the Ministry of Corporate Affairs. o Drive cost reduction projects to contribute to the bottom-line. o Prepare detailed MIS, variance analysis, finance reports, and other management accounting aspects. o Drive automation projects in coordination with the IT department. o Use analytics to generate insights and design strategies for business opportunities. o Liaise with external and internal auditors to ensure compliance and minimize audit observations. o Manage taxation, tax accounts, audits, legal insurance, price risk, and banking for the domain. • Risk Management and Corporate Governance o Ensure functional policies comply with applicable laws, regulations, and industry norms. o Manage finance risks and adhere to group philosophies. o Establish checks and balances in the structure and processes. o Ensure statutory compliance with corporate governance requirements. o Provide management assurance and handle statutory compliance. o Maintain relations with external auditors and address their findings and recommendations. • People Development o Foster organizational values and build an amicable work culture. o Support management in succession planning, recruitment, and performance management for the plant. o Motivate the workforce to ensure smooth production. o Design and facilitate internal training programs to enhance employee skills and knowledge. Skills Essential Skills • Ability to develop and deploy risk management practices  • Ability to assess financial and business proposals • Advanced knowledge of management accounting principles, tools and techniques • Leadership skills and organizing capabilities • Team Work • Decision making and Strategic orientation • Strong business acumen Desired Skills • Drives achievement through effective prioritization, planning, resource alignment, and collaboration to deliver  high-quality results aligned with organizational objectives. • Demonstrates business acumen by understanding and leveraging key business drivers to identify and seize  opportunities. • Manages the internal and external environment by understanding and anticipating customer needs to ensure  exceptional product and service delivery. • Develops people and fosters teamwork, inspiring commitment to team goals and promoting seamless  collaboration across boundaries. • Thinks and acts strategically by developing and communicating a long-term vision and strategy that aligns with  business goals and objectives. • Manages and leads change by proactively understanding, planning, and communicating change to stakeholders,  implementing effective change management strategies and processes

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Essential Skills
Technical Skills (Essential)
Strategy Planning
Risk Management
Corporate Governance
financial and business proposals
Good to have skills
Work From

Office

Language preference

Notice period

30

Ideal Companies to be sourced from

Large Manufacturing Company

Sourcing Keywords

Strategy Planning, Risk Management, Corporate Governance, financial and business proposals

Interview Process

2 R+ HR-Virtual

Mandatory Educational Requirements

CA(Any Attempt)

Mandatory Certification Requirements

NA

Who is an ideal candidate ?

10+ years of experience in Finance & Accounts functions with atleast 5 years of experience as Head of finance function for a manufacturing company.

Mandatory Skills Required

Strategy Planning, Risk Management, Corporate Governance, financial and business proposals

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