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EXECUTIVE I - ACCOUNTS (Regulatory-CSR)

0.00 to 3.00 Years   Chennai, Hyderabad, Kolkata, Delhi   10 Aug, 2022
Asian Paints Limited
Job LocationChennai, Hyderabad, Kolkata, Delhi
EducationNot Mentioned
SalaryNot Disclosed
IndustryPaint
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

    EXECUTIVE I - ACCOUNTS (Regulatory-CSR) EXE-Asi-HEA-2022-08-02-2392Posted on 03-Aug-22EXECUTIVE I - ACCOUNTS (Regulatory-CSR), Asian Paints Limited (APL), 1Company Asian Paints Limited (APL) Vertical Corporate Finance (CFIN) Job DescriptionRole IdentifierJob Title Executive I - AccountsDepartmentConsolidated AccountsReporting toManager AccountsGradeN/AS or A/AS or A/SA or N/SAJobs Reporting IntoSenior Manager - AccountsLocation/UnitHead officeRole DescriptionJob Purpose Accounting of inter-company recoveries and preparation of inter-company eliminations and reconciliations. Accounting of Corporate Social Responsibility expenses and related disclosures. Assisting in preparation of company s consolidated financials on a monthly basis. Primary ResponsibilitiesBusiness Responsibility Areas(Please detail out at least 8-10 responsibility areas)Key Performance IndicatorsMain Responsibilities:Other responsibilities:1. Inter-company accounting - a. Accounting of periodic recoveries and collections relating to international business units on a timely basis. b. Ensuring hygiene at the inter-company level with monthly reconciliations of balances. c. Sharing deliverables with Consolidation team for inter-co eliminations on a timely basis. d. Preparation of Related Party Report and relevant disclosures on a timely basis.e. Preparation of Overdue report and followup with international subsidiaries for release of remittance2. Corporate Social Responsibility (CSR) Accounting a. Monthly accounting of CSR and Non-CSR expenses b. Review of CSR proposals to check the commercial viability as well as verifying it with the requisite documentation. Direct communication with Plants to get an understanding on the ground level working as well as feasibility of the project. c. Preparation of CSR MIS and circulating it to hierarchy for reviewd. Preparation of CSR disclosures on a periodic basis3. Consolidation - Assisting consolidation team on monthly basis for preparation of Consolidated Statement of Profit/Loss and MIS on performance of APL Group companies.4. Projects to assist seniors in 1-2 IT projects in a year and drive them till completion.5. Statutory Audit To co-ordinate with Statutory Auditors and provide necessary details for statutory auditScope of Worka) Financial Scope (Range of financial spend): Noneb) People Management Scope (Range of no. of Direct/ Indirect Reports):-c) Geography Coverage (Country-wide/ State-wide / Area-wide) World wided) Corporate Coverage (Company-wide / Business Unit or Function-wide / Sub-function-wide / Other): Company wideKey InteractionsInternal P&L team and IBU Finance team.External Accounting team of International unitsRole Requirements / SpecificationsFunctional Competencies Familiar with MS-Excel, MS-PowerPoint, MS-Word and SAP-ERPBehavioral Competencies Quick learner, organised working style, good communication skillsAdditional Requirements Knowledge of IND AS Minimum Education Graduate Experience 0.00 to 3.00 years,

Keyskills :
people managementfinancial accountingsocial responsibilityinternational businessfinancial justificationinternational subsidiariesmisplantsfinancebusinesscsraplind

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