Front Line officer - MIS & Costing

Accountability

Supporting Actions

1. MIS: Plan and organize MIS, Financial, Planning & Budgeting, evaluation of Capex and other reports for effective & timely decision making by Management

• Check, review & analyse MIS, MPR & Target reports

• Prepare monthly Target report for Submission to Management after collection of data from Production, marketing & Purchases dept. etc.
• Evaluate new Capex proposals and examine financial viability of the proposals 
• Prepare Monthly Business report, Financial & CMIS along with deviation against Budget
• Prepare monthly P&L account of value added Products
• Prepare estimated profitability for next three months and likely scenario of unit profitability for balance period
• Prepare MIS related to Materials and stock and do comparative analysis of Raw Material Consumption Report vis a vis budget and earlier months
• Prepare material wise stock Report and help in management of Working capital
• Conduct Quarterly comparison of Finished goods sales and stock report
• Prepare MIS related to Banks: CMA Report, Financial Follow up Reports, Finance Related Cost information Report, Stock and receivable Report, Surplus Statement, etc.
• Prepare MIS & filling of returns, assessment and appeals as per the Management & state, central govt. norms
• Prepare reports on daily basis pertaining to performance, branch stocks position and ECU calculation report
• Make production return for central govt. and AMAI to continue to ensure the networking in Chlor-Alkali industries on quarterly basis. 
• Make the cost report for central govt. to ensure statutory requirement on yearly basis.  
• Implementation of Value Based Management System (CVA, EVA etc.)

1. Cost Management & Budget control: Preparation of accurate product costing of each finished product to ensure management to take strategic decision and planning. Compile and assist in preparing budgets and Projections for next 2 years under Planning & Budgeting exercise 

• Prepare and Analyze historical data related to costing 
• Up-keep of Cost Audit Reports and Cost Audit in compliance with Company Law
• Preparation of high cost bearing areas regularly, and report to management
• Properly record keeping of numerous data required for Cost Audit on monthly basis
• To complete & submit Cost Audit Reports within stipulated time to Company Law Board
• Prepare finished goods quantity reconciliation of RCD
• Prepare turn over including quantity reconciliation of RCD ad conduct valuation of finished goods and Preparation of raw material consumption report
• Monitoring of Bill of Material (BOM) on quarterly basis of each product
• Monitoring of Capex & fixed asset SOP and compliances thereof
• WBS monitoring and budget allocation (Capex & RM)

1. Reports and audits: Monitor and Prepare all types of reports for the concerned as and when required and facilitate all internal and external audits

• Assist in preparation of all financial reports 
• Maintain Insurance Schedule and payment of Insurance charges on due date, Insurance Policy renewal  
• Facilitate and provide the data to auditors 
• Daily & Periodical reporting on variances between Actual Vs. Target/ Benchmark level of various key performance areas
• Prepare all Business Reports
• Make Annexure/ notes to audit reports, conduct pre audit checking & pursue to take corrective action, before audit & after audit

1. Cost & Capex Management: Ensure implementation and monitoring the systems and procedures for effective management of cost in the Unit. Evaluation of Capex and other reports for effective & timely decision making by Management

• Prepare report on various other expenses like Repairs & Maintenance, Salary & Wages, Administrative & Sales overheads and financial expenses such as Interest and Depreciation
• facilitate in evaluation various risks on fixed assets, transit risk, vehicles, stock at various locations in the country, Public Liability (accident & natural calamities) for Plant and transportation of hazardous material
• Review & control actual expenditure vis-à-vis Budget provision and generate various report for the top Management
• Negotiate and recommend revision in contract rates for business activities along with other team members
• Review & suggest improvement in internal control systems

1. System Management (Safety, & Sustainability):
    Adhere to safety & statutory environmental requirements

• Adhere to safety norms & safe operational procedures 
• Adhere to OHSAS & SA 8000 & WCM and sustainability norms
• Handle emergency situations like Liquid Chlorine leakages etc. under Disaster Management activities
• Train the team to comply with these norms