Finance Superintendent Vacancy at ITC Limited For CMA

ITC is one of India’s foremost private sector companies with a Gross Sales Value of ₹ 76,097.31 crores and a Net Profit of ₹ 15,136.05 crores (as of 31.03.2020). ITC has a diversified presence in FMCG, Hotels, Packaging, Paperboards & Specialty Papers, and Agri-Business. ITC’s aspiration to be an exemplar in sustainability practices is manifest in its status as the only company in the world, of its size and diversity, to be carbon, water and solid waste recycling positive. In addition, ITC’s businesses and value chains create sustainable livelihoods for more than 6 million people, a majority of whom represent the poorest in rural India.

JOB DESCRIPTION:-
The job profiles require smooth accounting and finance operations in order to ensure efficient functioning of business operations while ensuring implementation and compliance with statutes such as the Income Tax Act, GST Act, Companies Act, Foreign Exchange Management Act, Customs Act.

The job profile also calls for ensuring compliance with laid down systems and providing inputs for setting up new systems or fine-tuning existing ones, in tune with expanding scale of operations and in compliance with law.

RESPONSIBILITIES :-

1. Compliance with statues Income Tax Act, GST Act, Companies Act, (especially wr.r.t. Section 128, 148), SEBI guidelines (especially Listing Obligations and Disclosure Requirements Regulations, 2015).
2. Ensure error free preparation of Financial Accounts incl. handling Quarterly / Half yearly / Annual Statutory Audit and Income Tax Audit in compliance with the Companies Act, Ind-AS, Income Tax Act.
3. Ensure error free preparation of Cost Audit related records under the Companies Act and dealing with Cost Auditors
4. Dealing with Corporate Internal Audit and Divisional Audit teams.
5. Monitoring to ensure compliance to laid down SOPs, polices, guidelines (CASP / DASP / Corporate Governance) and guidance to operating managers for compliance with laid systems and processes.
6. Application of business analytics to prepare monthly / periodic performance reports covering areas such as yields, manpower utilization and variance analysis with operations team
7. Conducting the Business Process Review with operating team and providing insightful analysis related to key performance metrics.
8. Product costing & related reports – Continuous evaluation of product cost in terms of factory yield, input cost efficiency, product recipe, packaging format, distribution costs to provide early warning signals for corrective actions.
9. Assist the Commercial manager / Reporting manager to implement budgetary control in the area of marketing finance, factory and HO technical costs
10. Co-ordination with other Departments for flow of information on time.
11. Exercise control over inventory and avoid / reduce inventory obsolescence.
12. Procurement of goods and services including negotiations
13. Suggestions for setting up new systems in new areas of operations and streamlining of existing systems and processes and focus on automation.
14. Monitor vendor payables and customer receivables.
15. Handling Import / Export documentation under the Customs Act, Foreign Exchange Management Act, Foreign Trade Policy of DGFT.
16. Ensure the Insurance coverage against all insurable perils, claim management

LINK FOR ONLINE APPLICATION – CLICK HERE

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