Accounts Executive

Essar · MU

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Skills & Competencies :

  • Book Closure
  • Financial reporting as per  international / Indian accounting standards
  • Basics of fair valuation accounting
  • Consolidation & validation of accounts
  • Financial reporting and auditing
  • Management reporting
  • Cross department information sharing (mainly with compliance, finance and tax)
  1. Financial Reporting & Controlling
  • Financial reporting for the assigned standalone entities  and group reporting under the International Financial Reporting Standards. International Accounting Standards
  • Monitor and update accounts in SAP system and databases and ensure regular financial reporting and analysis of accounts on every transactions  
  • Produces regular financial reporting and analysis for review by Head Accounts
  • Provide timely and accurate monthly, quarterly and year-end closing reporting according to Essar Group’s policies
  • Maintain systems for prompt and accurate collection of financial and accounting information
  • Ensure consistent application of accounting standards and International standards in financial reporting
  • Ensuring effective control framework for recording & reporting transactions in a timely manner

2. Compliance & Audit

  • Provide support in conducting the annual audits and review the annual reports conducted by compliance team and external agencies and identify any challenges / bottleneck and report it to the Head Accounts
  • Ensure compliance through effective accounting controls and financial management, in line with defined delegation of authority 
  • Ensure that the financial processes are compliant with the statutory, regulatory and corporate governance requirements.
  • Ensure the timely and accurate processing of payments to staff, suppliers and service providers
  • Advise the Head Accounts with regards to regulatory requirements and any other matters of concern in relation to compliance for suitable action
  • Provide financial information for the compliance reports to be filed and ensure Zero default in regulatory filings
  • Provide information for the tax assessment to tax team.

KPIs:

  • Accurate maintenance of the accounting books
  • Accuracy of financial reports
  • Timely submission of external audits
  • Timely submission of information for Compliance with external requirements 
To consolidate & validate specific Essar Group’s investment companies’ accounting ledger and undertake all day-to-day transactions of the specific company, maintain books of accounts and create financial reports in order to meet the investment strategies of the respective business / entity of Essar Capital as per the financial needs ensuring appropriate adherence to required accounting and financial reporting standards while ensuring closure.

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