4) Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas) 

Key Result Areas   

Supporting Actions 

Compilation of financial statement & Reports: 

Timely Submission of Duly Audited Financial Statement on Monthly/Quarterly/ Yearly Basis after resolving the Audit Issues if any. (GCD & Power Plant) 

1. Finalization of monthly/quarterly/ yearly Trial balances as per given timelines. 
2. Scrutiny of Income & expenses GL wrt to budget and accounting policies and making provisions for expenses wherever require. 
3. Listing of creditors/ Advances & GRIR and posting adjustment entries for correct re-presentation. 
4. Uploading of Trial balance in Consolidation software HFM and fill related data in excel template for inter unit transaction, Related party transaction, production and sale data movement for FG / RM, fixed assets details, posting require provisional JVs and compile corporate governance report within given timeline. 
5. Providing reasoning for deviation in P&L and balance sheet items to auditors and internal customer CFD. 
6. Coordinating with internal department to furnish all related information to statutory auditors. 
7. Completing the closing activity in all respect and submit the final reports to Corporate Finance division as per timeline. 

Investment & Revenue expenses Monitoring : 

Accurate Capex Accounting and Reporting including Tracking of Project & GCI/ GCF Schemes. 

1. Responsible for creation of WBS in SAP for all approved GCI/GCF schemes for the unit in P&B for VSF & Power Plant. 
2. Review and compilation of various Capex/ Opex data on monthly/quarterly/annual basis for submission at different platform. 
3. Compilation of CWIP ageing/ assets wise details from SAP and on completion of work, ensure the capitalization of new assets with proper completion certification & testing reports if require. 
4. Ensure proper booking of Capex transaction in define WBS and coordinating with Technical cell for its Capex plan to report for Cash flow management. 
5. GCF scheme are tracked and control through revenue WBS creation. 
6. Responsible to ensure addition/ discard of assets as per approved budget. 
7. Ensure timely transfer of employee assets among inter-unit as per company policy. 

Safeguard & Tracking of company’s fixed assets: 

Assets Tagging of all Assets and Reconciliation with book. 

1. As a Pulp & Fibre initiative, we have started the assets tagging activity in FY2018 with the common objective of making physical verification process easy at regular intervals. 
2. Suggested to have assets tagging from the start of CWIP at GRN level so that we can save the hard work at ground level at latter stages. 
3. Creating project for physical inventory verification as per accounting policies at regular intervals. 
4. Final reconciliation and solution for the differences if any arrived at assets tagging activity wrt to books of accounts. 

General Account Management: 

Ensuring timely accounting for other general accounts related work like long term loan /short term loan & interest accounting & its payment, supervising Bank reconciliation work, cash & Bank Accounting entries, Scrape sales to customer and payment receipt  and releasing payment on due dates for all general accounting and bill passing transactions. 

1. Working as supportive hand for bill passing section to  verify & post parked document for RM/ stores / Contractor / General bill passing at time to time. 
2. Ensure the proper accounting of general bill passing as per delegation manual and post such documents in SAP. 
3. Responsible for releasing all due payment including advances to internal as well as external customer as a bank authorized signatory in category B after due verifications. 
4. Accounting of all short terms/ long terms loans and its interest provisioning/ payments. 
5. Responsible to ensure accounting of Fixed and variable Employee cost and provisioning for retirement benefit vix leave, bonus & gratuity. 
6. Responsible to ensure timely completion of all inter-unit transactions and its segmental and balance confirmation on monthly/quarterly /annual intervals. 
7. Responsible to submit declaration for related party transaction at Arm length price during the year and its financial reporting with balance confirmation on monthly/quarterly /annual intervals. 
8. Ensuring the Fund requirement on day to day basis and submit to Corporate Finance division for proper cash flow management. 

Compliance for Direct Taxes & other Laws Supervising & submission of Tax audit reports and Assessment details. 

1. Ensure timely Compilation of tax audit / wealth tax / TDS return and other direct tax compliance reports. 
2. Ensure compilation of Assessment details and other documents those are require for complete the tax assessment.  
3. Compilation of Advance tax working on quarterly basis to furnish to CFD. 
4. Other Tax compliance requirement from CFD. 

Risk Assessment & Insurance: 

Ensure risk assessment & adequate Insurance coverage for unit areas and transactions. 

1. Ensure proper risk assessment of unit area & transaction and ensure proper insurance coverage to safeguard unit revenue. 
2. Coordinating with ABIL for getting competitive quote for different Policies viz medicalim policy for staff and non-management, Nishint, GPA, LOP, MSTO, marine & general insurance for vehicles & two wheelers. 
3. Ensure the timely submission of coverage declaration & payment of insurance premium on or before due dates. 
4. Responsible for timely Submission of Insurance claim, related documentation and final settlement for the incidence. 
5. Currently reviewing the tenure of the policies and making proper accounting entries for prepaid amount as per financial accounting norms. We are hopeful to implement changes in all policy tenure to single period starting from April. 
6. Report management on various aspects for insurance. 

System Development : 

Power User for SAP (FICO+IMPS) & New system Implementation for improving internal controls. 

1. To explore and Implemented various time saving techno process in day to day accounting which will result the ease of work and formatted reporting. Viz Document management system in FI module  & auto Bank reconciliation through SAP are  implemented first time in Pulp & Fibre business at Vilayat, Uploading of Parked JVs / Debit –credit notes to save manual posting time, online custom duty payment through SBI bank, Parked and post implementation at bill passing section etc are the implemented systems. 
2. Other pipeline projects are Host to Host connectivity for HDFC E-Payments and Assets tagging through mobile application & software. 
3. Providing SAP Power user support to all FI user and submitting quality scenario testing for all new project in coordination with local and central SAP team. 
4. Suggested to have various new system to control day to day expenses like vehicle tracking through GPS, card swapping machine at Canteen etc. 
5. Identification of customer receipt in bank account by creating virtual code to each individual customer and auto receipt generation in SAP without Lesser manual intervention. This project is also in pipeline to have Host to Host connectivity which will result the removal of manual intervention. 
6. Responsible to provide full IMPS module support viz creation of Capex / GCF / revenue WBS and resolve all related problems at unit level.