Senior Executive - Commercial (Capex)

Aditya Birla Group

India

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Posted 22 hours ago
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Job Description

Job Purpose

To ensure sound systems, processes and controls are followed for Capex Commercial function. To establish good practices in vendor management and ensure compliances and governance

Job Context & Major Challenges

Ensuring capex spend as per defined SOP and Chart of Authority.
To track spends against approved capex and sync with projects team on upcoming projects.
Preparation of various MIS reports such as Block Tally, Project id status, Open PO etc.
Monitoring Capital work in progress and ensuring capitalisation of assets as per SOP's
Tracking capex commitment, ageing of committed Pos and closure of the same.
Vendor Management including query resolution, obtaining NDC, reconciliation and analysis of vendor balances and advances

Major Challenges :-
Collecting of data for ROI calculation against all return based approved capex.
Ensuring timely accounting of capex invoices and capitalisation of assets.
Educate vendor relating to GST compliance.

Key Result Areas

	KRA (Accountabilities) (Max 1325 Characters)	Supporting Actions (Max 1325 Characters)
KRA1	Adherence of capex spend within approved budget.	Preparation of approved capex tracker.
KRA2	Return on Investment tracker.	Collection of data for return based capex.
KRA3	Clarity and accuracy of MIS reports.	Ensure timely preparation of reports.
KRA4	Tracking of the approved projects.	Ensure timely releasing of PO.
KRA5	Vendor management including timely payment, NDC and query resolution.	Ensure timely accounting of invoices.
KRA6	Handling audit queries and data requirements.	Provide required data to auditors.
KRA7		Corporate Reporting / Other Requirements Forex Exposure , Stock and Surplus statements, Contingent Liabilities Report Corporate Governance Reports MBI 1 & MBI 2 Audit Co ordination Monthly Provisioning/Schedules check Debtors Confirmation of Balances Confirmation of Balances at year end. Confirmation of Balances for the stores reconciliation completed Control Receivable-Credit Card Tracking of Credit Card Collections on Daily basis
KRA8		TDS / MIS Monthly TDS remittance E-filing monthly/quarterly/annually Issue of TDS Certificates Reports/Schedules on regular basis for auditing, internal reporting OH reports to depts.