1

₹20.00 Lac – ₹30.00 Lac

Total Experience

10 – 14 years

Relevant Experience

5 – 11 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

JOB PURPOSE To provide strategic direction to Smelter finance team by implementing Finance & Accounts policies; advise CFO in relation  with policy definition and implementation in the context of Vedanta Group’s interests.  Accountabilities Major Activities Key Performance Indicators Strategy Planning and  review for Smelter • Controlling the finance and overall spend base for power  business. • Finalization of IGAAP Accounts, notes to accounts and  MIS Reporting • Observing completeness of month end closing activities at  consolidated level • Compilation of Business Plan for the Power Business • Compilation and collution of various SBUs Data for  consolidated entity level Business Plan, Plant wise BP • Completion of Cost Audit along with filing with MCA • Contribution to Bottom-Line by driving various cost  reduction projects. • Management accounting: Preparation of detailed MIS,  Variance Analysis, Finance Reports including various  management accounting aspects of the business and other  management report required for the Power vertical. • Driving the Automation projects for the domain in dose  coordination with IT department • Spearhead analytics to generate insights that identify  business opportunities and design strategies to implement  them. • Liaisoning with the External and Internal auditors to ensure  no major audit observations. • Responsible for driving Taxation, Tax Accounts & Audits  related to the domain. • Responsible for Legal Insurance Price Risk & Banking of  the domain • Timeliness and accuracy of  smelter performance MIS • Timely closure of accounts • Compliance to audit  recommendations • Compliance to accounting  policies • Cost Audit reports Risk Management and  Corporate Governance • Ensures that all functional policies are compliant with  applicable laws, regulations and industry norms.  • Finance Risk Management and adherence to Group  Philosophies. • Ensures that appropriate checks & balances are inculcated  in the structure and processes. • Ensure statutory compliance to corporate governance  requirements • Management assurance and Statutory Compliance. Maintain  relations with external auditors and investigate their  findings and recommendations • Number of risk exceptions  raised in audit report • Number of risk mitigation  initiatives successfully  deployed People Development • Drive organizational values and culture • Define and build an amicable work culture • Support management in succession planning, recruitment  and performance management for the Plant • Ensure motivation of workforce to ensure smooth  production • Design and facilitate internal training programs • Number of training days • Employee engagement score • Attrition rate Sensitivity: Public (C4) 4. MAJOR CHALLENGES • Managing a huge spend base for Smelter finance team. 5. SKILLS AND KNOWLEDGE Educational Qualifications and Experience • Graduate Degree with a professional qualification in Accounting or Financial Management (ICAI/ ICWAI) • 10 – 14 years of experience in Finance & Accounts functions with atleast 5 years of experience as Head of finance  function for a manufacturing company Functional 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 Leadership Skills Competency Definition Desired Proficiency Level Stretches and drives to Achieve The ability to prioritize, plan & align resources & work effectively with  people to deliver high quality results consistent with overall  organization objective 3/4 Has Business Acumen The ability to understand the key business drivers and to leverage this  understanding for identifying and seizing business opportunities. 3/4 Manages External & Internal  Environment The ability to understand and anticipate the needs of internal/external  customers to ensure high levels of service delivery in terms of products  and services.  3/4 Develops people and is a Team  Player  The ability to effectively bring about commitment to team goals  amongst the team members and facilitates seamless working across  boundaries. 3/4 Thinks and acts Strategically The ability to develop and communicate a long-term strategy and vision  which is aligned to the overall business goals and the Group objectives. 3/4 Manages and Leads change The ability to proactively understand, plan & communicate change to all  the stakeholders for deploying change management strategies &  processes