Aditya Birla Group | Regional Lead - Finance (Pune)

Responsibilities

• Provide inputs to develop comprehensive financial plans and forecasts for the region by determining Budgeted v/s Actual Spent variance.
• Oversee and manage the withdrawal and deployment of funds in alignment with BEPL systems, in consultation with the Regional Head and Corporate Head of Accounts.
• Plan, monitor, and liaise with Corporate Accounts to ensure the timely availability of funds for payments, adhering strictly to agreed-upon timelines and having contingency plans ready in case of liquidity crises.
• Identify idle funds to be invested in FDs and determine the tenure for the same as per company policies.
• Monitor new banking transaction products and strategize and plan to enhance productivity and streamline operations.
• Oversee timely and accurate generation of Management Information Systems (MIS) reports for payables and receivables by the team, facilitating efficient settlements with relevant stakeholders.
• Manage and oversee the compilation of the Regional MIS within agreed timelines for distribution to senior management across the region.
• Review and finalize the closure of monthly accounting books guaranteeing timely financial reporting.
• Oversee timely compliance with RERA audit and accounting regulations to prevent delays in obtaining certificates from CA.
• Obtain quarterly CA certificates as per RERA specifications.
• Implement measures to close out non-conformities (NCs) and prevent their recurrence.
• Manage and address auditor escalations and queries efficiently to facilitate the timely completion and closure of audit NCs, also promptly address management queries to meet established deadlines.
• Participate in discussions with bankers to explore new banking products and ensure smooth integration across projects in line with discussion and approvals.
• Validate invoices from major contractors to check adherence to contract terms by thoroughly reviewing documentation, confirming accuracy, and promptly addressing any discrepancies.
• Ensure timely closure and accurate system entries for all payable & receivable transactions and expense management activities.
• Monitor employee expense reimbursement processes to ensure compliance with company policies and budgets.
• Accounting Operations & Risk Management.
• Address and resolve issues or escalations concerning Accounts Payable (AP), Accounts Receivable (AR), and Treasury functions promptly, ensuring adherence to established processes.
• Implement internal controls and monitor transactions for irregularities, collaborating with other departments to mitigate potential operational risks effectively.
• Ensure accurate provisioning of all expenses & revenues to reflect the financial impact on financial statements and maintain compliance with accounting standards.
• Collaborate with Customer Relationship Management (CRM) teams to pursue overdue customer outstanding collections diligently.
• Ensure timely adjustment and settlement of all significant vendor advances within the system.
• Deliver financial insights and performance metrics to internal stakeholders, including Senior Management and Corporate Teams, periodically or as needed.
• Participate in discussions between the Operations Team and insurance companies for procuring insurance policies for residential and commercial projects, including managing insurance settlement claims as necessary.
• Drive automation initiatives for improved outcomes across various processes.

Aditya Birla Group

The Aditya Birla Group is one of India's largest business groups. Its companies work in metals (Hindalco and Novelis), cement (UltraTech), cellulosic fibres, chemicals and paints (Grasim), financial services (Aditya Birla Capital), fashion and retail, renewables and telecom. The group is chaired by Kumar Mangalam Birla.

Each group company runs its own finance and accounts function. That creates openings in plant and business-unit accounting, costing and MIS, taxation, treasury, internal audit and company secretarial work, across corporate offices and manufacturing locations.

• Industry: Diversified conglomerate
• Headquarters: Mumbai, India
• In India: Group companies and plants across India
• Hiring unit: Real Estates Business
• Group business: Century Group