HASTI PETRO CHEMICAL AND SHIPPING LIMITED
Website:
thethardryport.com
Job details:
Job Responsibilities
1. Financial Accounting
- Ensure maintenance of books of accounts in accordance with the Companies Act, Accounting Standards/Ind AS, and applicable laws.
- Finalization of monthly, quarterly, and annual financial statements.
- Ensure timely closure of books.
- Review journal entries, provisions, depreciation, and adjustments.
- Monitor General Ledger and Trial Balance.
- Review reconciliation of all balance sheet accounts.
2. Financial Reporting & MIS
o Monthly MIS
o Profit & Loss Statement
o Balance Sheet
o Cash Flow Statement
o Fund Flow Statement
o Segment-wise profitability
o Cost Analysis
o Variance Analysis
- Present financial reports to CFO/Management and Board.
- Develop dashboards for financial performance monitoring.
3. Budgeting & Financial Planning
- Preparation of Annual Budget.
- Preparation of Business Plan.
- Rolling Forecasts.
- Department-wise Budget Monitoring.
- Capex Budget Review.
- Working Capital Planning.
- Cost control initiatives.
4. Treasury Management
- Working Capital Management.
- Cash Flow Forecasting.
- Fund Planning.
- Banking Operations.
- Loan Management.
- Credit Facility Management.
- LC/BG Management.
- Interest Cost Optimization.
5. Taxation
Direct Tax
- Income Tax Compliance.
- Advance Tax Computation.
- TDS Compliance.
- Tax Audit.
- Transfer pricing coordination.
- Assessment Proceedings.
- Appeal Matters.
- Tax Planning.
Indirect Tax
- GST Compliance.
- GST Returns.
- GST Audit.
- Input Tax Credit Review.
- GST Assessments.
- E-way Bill Compliance.
- Customs & Import Compliance (where applicable).
6. Statutory Compliance
Ensure compliance with
- Companies Act
- Income Tax Act
- GST Laws
- FEMA
- RBI Guidelines
- MSME Act
- Accounting Standards/Ind AS
- Secretarial Requirements (financial matters)
7. Audit Management
Coordinate and manage
- Statutory Audit
- Internal Audit
- Tax Audit
- GST Audit
- Cost Audit
- Bank Audit
- Stock Audit
- Due Diligence Audit
- Government Audit
Ensure timely closure of audit observations.
8. Internal Financial Controls (IFC)
- Design Internal Financial Controls.
- Implement Risk Control Matrix (RCM).
- SOP Development.
- Financial Risk Assessment.
- Compliance Monitoring.
- Fraud Prevention Framework.
- Process Improvements.
- Control Testing.
9. Accounts Payable & Receivable
Supervise
- Vendor Payments
- Customer Collections
- Credit Control
- Aging Analysis
- Vendor Reconciliation
- Customer Reconciliation
- Debit/Credit Notes
- Payment Scheduling
10. Fixed Asset Management
- Capitalization.
- Asset Register Maintenance.
- Physical Verification.
- Depreciation Review.
- Asset Disposal Accounting.
- CWIP Monitoring.
11. Inventory Accounting
- Inventory Valuation.
- Stock Reconciliation.
- Slow-moving Inventory Review.
- Provision Analysis.
- Physical Stock Verification.
- Costing Review.
12. Cost Management
- Service Costing.
- Cost Analysis.
- Margin Analysis.
- Cost Reduction Initiatives.
- Process Costing.
- Budgetary Cost Control.
13. Banking & Finance
- Relationship Management with Banks.
- Working Capital Assessment.
- Project Finance.
- Loan Documentation.
- Consortium Banking.
- CMA Data Preparation.
- Credit Rating Coordination.
14. Secretarial & Corporate Support
Provide financial support for
- Board Meetings
- Audit Committee
- Shareholder Meetings
- Financial Notes
- Related Party Transactions
15. Business Strategy Support
- Financial Feasibility Studies.
- Project Evaluation.
- Business Expansion Evaluation.
- Valuation Coordination.
16. ERP & Digital Finance
- Review and improvement suggestion BC 365.
- Process Automation.
- Digital Payment Controls.
- Data Analytics.
- Dashboard Development.
17. Team Management
- Lead Finance & Accounts Team.
- Performance Evaluation.
- Training & Development.
- Work Allocation.
- Succession Planning.
- Team Motivation.
18. Policy & SOP Development
Develop and periodically review
- Accounting Manual
- Delegation of Authority (DOA)
- Finance SOPs
- Procurement Controls
- Payment Policies
- Credit Policy
- Expense Policy
19. Risk Management
- Financial Risk Assessment.
- Credit Risk.
- Liquidity Risk.
- Compliance Risk.
- Internal Control Review.
- Insurance Coordination.
20. Liaison & Coordination
Coordinate with
- Statutory Auditors
- Internal Auditors
- Tax Consultants
- Company Secretary
- Banks
- Financial Institutions
- Government Authorities
- GST Department
- Income Tax Department
- ROC
- Vendors
- Customers
Key Performance Indicators (KPIs)
- Timely finalization of monthly and annual accounts.
- Accuracy of financial statements.
- Zero major statutory non-compliance.
- Timely filing of GST, TDS, income tax, and ROC returns.
- Effective cash flow and working capital management.
- Budget adherence and cost optimization.
- Closure of audit observations within agreed timelines.
- Reduction in receivable aging and improvement in collections.
- Timely completion of statutory and internal audits.
- Strengthening of internal financial controls and SOP compliance.
- Effective ERP utilization and process automation.
- Team productivity and development.
Experience
15-20 years of experience.
Qualifications
Chartered Accountant
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