Qualification: Chartered Accountant with minimum 22 years of experience.
Key Responsibilities
- Working experience of managing finance department of large sized listed utility.
- Directing, supporting, and demonstrating leadership to achieve intended outcome/ results of established management systems
- Establish departmental objectives and periodically review the performance status and continual improvement
- Define roles, responsibilities, authorities and accountabilities of team
- Review compliance status for all applicable legal and other requirements
- Evaluate competency/skill requirements of employees.
- Review and approve training needs and departmental training plan
- Review of non-conformance and approve corrective/preventive action
- To oversee the Monthly, Quarterly and Annual Financial Accounting in terms of related accounting policies, Accounting Standards and variance analysis.
- To analyze the CAPEX & OPEX in terms of Budgetary control
- To oversee the Collection and Treasury functions to establish, implement, maintain and improve the processes appropriately to achieve the desired outputs.
- To respond Indirect tax and Direct tax matters to Corporate
- To oversee the Pay roll and Statutory payments from a compliance perspective.
- Commanding knowledge of electricity laws and MoP notifications, Regulations of various State commissions etc.
- To have an expert knowledge of electricity regulations, experience of analysing the regulations while ensuring Regulatory Filings in time i.e. Tariff petitions, Projections for MYT, APR/ARR, Quarterly FPPPA calculations, Regulatory Compliance Reports for GERC & CEA.
- Understanding of commercial and regulatory aspects of power purchase agreements.
- Experience of dealing with commercial matters, agreements etc.
- To co-ordinate with Statutory, Internal, Tax and other auditors and to ensure that the same could be conducted effectively and in appropriate manner to get the desired level of internal control.
- To identify the KPIs for each department and monitor the same periodically to improve their performance and productivity.
- Supporting other relevant roles to demonstrate leadership that applies to areas of responsibilities.
- Practical experience of dealing in direct tax and indirect tax matters including return filing with Income tax department, GST department etc., handling departmental audit etc.
- GST implementation
(ref:iimjobs.com)
