GM - Finance and Accounts
Provide necessary support and inputs to the CEO and CFO for achieving business goals.
Ensure completion of statutory audit of shipyard operations
Overall responsibility for the functions of Finance & Accounts team at shipyard
Preparation of Annual budget of the Company
Periodic review of Project budget
Timely and correct accounting of income and expense
Facilitate internal audit and strengthen internal controls based on audit findings
Develop various MIS reports as per management requirements
Review of MIS reports before forwarding to higher management
SAP approval of WO/ PO -as per limits defined by management
Plan periodical verification of inventory and fixed assets
Ensure timely fund transfer to / from Mumbai for smooth banking operations
Bring necessary controls for payments and monitor that the same are implemented
Interaction with internal auditors (inhouse & external) and responsible for CAPA in Finance & Accounts at Shipyard
Ensure that various returns of indirect tax are filed and litigations are handled diligently
Take care of visit by bankers/ lenders/ tax authorities to shipyard
Provide guidance for Costing and budgeting activity
Ensure that various returns of EOU & SEZ are filed, approvals are obtained and litigations are handled diligently
Ensure effective implementation of IFCs (internal financial controls) including documentation thereof.
Develop and make future ready the Accounts, Finance, Taxation and Compliances team at shipyard. Identify their training requirements and give them training, support, motivation to achieve higher goals.
Establish strong maker checker practice in various accounting activities so as to minimise audit observations / qualifications at pre-audit level/ internal audit/ statutory audit/ ISO audit.
Develop Department manual and SOP for all accounting activities
Provide financial concurrence to various commercial proposals - Purchase orders and work orders.
Provide required data for the purpose of bidding and evaluate bid proposals
Ensure compliance of all applicable Commercial laws including Taxation, Companies Act, FEMA etc.
