UltraTech Cement Ltd. is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies 'strength', 'reliability' and 'innovation'. Together, these attributes inspire engineers to stretch the limits of their imagination to create homes, buildings and structures that define the new India.
UltraTech Knowledge Services Centre has been formed with a vision of introducing a Best-in-Class Shared Services Centre with strong focus towards governance and efficiency through digital transformation, end to end process optimization and adoption of Best Practices; with strong data analytics capability for providing business insights for value enhancement. UKSC focus is to bring centralization of the Finance and Accounts operations within UTCL units for bringing in efficiency through process improvements, process standardization, effective service delivery and optimal deployment of people; thereby generating higher value from the resources deployed.
VACANCY DETAILS :-
1. POST NAME - R2R Specialist
QUALIFICATION - CA/CMA
EXPERIENCE - 0 To 2 Years
POST - 15
CTC - 7 To 8.50 LPA
LOCATION - Pune
JOB DESCRIPTION :-
Process Transformation / Standardization
Provide support wherever required during migration of units under the R2R
- Input to be provided as to the testing and implementation of proposed process
- Conduct UAT testing for various process changes being implemented from time to time
Timely Audit Closures
- Support in timely closure of Audits - Provide the data required; coordinate with relevant stakeholders, if required to get the data
- Preparation of Cost Audit Report and upload in Hyperion
Adherence to Statutory Compliances
- Ensure accurate working, accounting and uploading of various all Taxes & statutory payments in the system
- Return filing of various statutory compliances (TDS, TCS) and updating the same in the system
Accurate Interunit Transactions
- Ensure accurate and timely working and accounting of Interunit Transactions like STO, AS2 Differential Transfer pricing Clinker, Power,
- Review & reconciliation of Interest ECB & NCD Loans
General Accounting
- Ensure accurate Provisional entries in the system on a monthly basis
- Self-consumption (Revenue/Capital/Sample) Working & Accounting
- Service Entry Reversal Against March Month (Year End) Provisions
MIS and Reporting
- Prepare monthly PMS, Monthly Revenue sheet - Cement Business (Financial), Unit wise P&L from NCR - Cement Marketing, Export schedules, Glossary Preparation for Marketing
- Prepare CAPEX cashflows, working capital report (Unit/ Zone), Hyperion CMIS report
- Capture Foreign Exchange Exposure transactions details Realized and Unrealized gain / loss details
- Cater to any Adhoc/additional requirements from CMO/Zonal/Regions/CFD
Reviewing & Aging
- Write Back Working entries as per approval received
- Prepare MSME creditor list and share with the seniors for closure
- JV Posting of accrued expenses write off/write back; accrued expense GL review
Continuous Capability Improvement (Process, People and Technology)
- Suggest improvements to existing processes to the Process Heads/ Delivery Heads that would impact the overall productivity of the processes
- Validate entries posted in the system/ work done by the Team Members to check for accuracy of services delivered by R2R
- Rectify minor errors while validating the entries and incase of any other errors revert back the case to Team Member for rectification.
- Ratify whether all required entries have been accounted by the Team Member in a seamless manner
- Review the UAT for any process / system change and provide inputs to PH accordingly
- Manage escalations from Team Members in a timely manner
Risk Management & Governance
- Ensure data is maintained/ updated in the system in a timely manner and all relevant supporting are available with the Team
Stakeholder Management
- Connect with counterparts in the respective Units for any information/ clarification required during completion of activities under their purview
LINK FOR ONLINE APPLICATION - CLICK HERE
2. POST NAME - Process Head R2R
QUALIFICATION - CA/CMA
EXPERIENCE - 5 To 8 Years
POST - 5
CTC - 8 To 15 LPA
LOCATION - Pune
JOB DESCRIPTION :-
Seamless Business Transition
- Execute tasks as assigned by the DH/BT team during transition and ensure tracking and closure of all activities as per the agreed timelines for assisting DH in successful transition
- Identify process gaps during transition and provide inputs to DH
Process Transformation / Standardization
- Identify process gaps, scope for automation, process improvements to be done on a periodic basis and provide inputs to DH. Assess compliance requirements for the processes proposed by SME for standardization and provide necessary inputs to DH
- Ensure effective implementation of process improvements and automation projects in liaison with various teams and provide regular updates to DH / SME
- Ensure UAT testing is done by team members for any process change / system change and report updates to DH / SME
- Ensure all communication to all team members for any process change / system change is done on time with all relevant information
- Ensure that the team is trained on process improvements/ alterations, in co-ordination with Technical Trainer
- Resolve queries from team members / stakeholders which are related to processes followed
Quality & Service Delivery Excellence
- Review all working & Accounting related to Statutory payments to ensure accurate & timely payment & Statutory returns filing to comply with all requirements as per various laws & Statutes
- Review & Approval all the Accounting & related work done by the Team Members
- Prepare the Process Dashboard & Monthly employee wise performance review with update on critical activities for the review of Delivery Heads
- Ensure all SLA and TAT for the assigned regions /units are met with frequent reviews and suitable action plan implementation
- Ensure the productivity targets set for team members are met and in case of any inconsistencies, check for reasons and ensure the same are adhered to. Review the allocation among team members and ensure proper utilization
- Front end all escalations and ensure they are properly managed and controls are in place to mitigate the same for the assigned units / regions
- Validate entries posted in the system/ work done by the Team Members to check for accuracy of services delivered by R2R
- Rectify minor errors while validating the entries and in case of any other errors revert back the case to Team Member for rectification.
Variance Analysis
- Conduct Balance Sheet Variance, Working Capital Variance & several other variance & ageing studies to be shared with the Unit Facing Team on a monthly basis
- Connect with relevant stakeholders for clarifications on the variances and provide the same to the Seniors and Auditors if required.
- Escalate to the Delivery Heads on the variances that are critical and accurate justification is not available for the same
Timely Audit Closure
- Coordinate with various Teams to collect the data request by the Auditors - Statutory Audit, Tax Audit, Internal Audit, Interim Audits. Review the data prepared by the Team Members & share the same with the Auditors.
- Coordinate with other teams for seeking responses to queries raised by the Auditors on activities which are not handled by R2R.
Accurate and Timely maintenance of accounts
- Review and approve system related work done (entries updated in the system) by the Team Members
- Responsible for timely and accurate closer of all Books of Accounts of each Unit within the defined timelines
- Ensure Bank Reconciliation is accurately done on a periodic basis and prepare debtors schedule to be shared with the R2R and Units Heads for required follow ups
- Review and approve salary sheets prepared by the Team Members for accurate details before sharing with the R2R Team for disbursement
- Ensure timely closure of Customer F&F of the Marketing Units
- Address and close escalations from the Team Members on ageing of customer advances - Follow up with R2R
- Review CAPEX Report, WHRS Report (CAPEX), CAPEX Sent Report shared by the Team Members on a timely basis and share with the relevant stakeholders
- Review and ensure UGHAI related transactions are updated in the required manner
- Review and approve actual TPC working on Qtrly/Half Yearly basis, TPC working calculation for ADDL, TPC working calculation for Non Trade/Key for Marketing Units
- Review GRIR Ageing with remarks on a periodic basis
- Cater to any ad hoc report requests by the Senior Management within the agreed timelines
- Prepare the Dashboard with update on critical activities for the review of Delivery Heads
Continuous Capability Improvement (Process, People and Technology)
- Perform root cause analysis under the guidance of DH
- ropose corrective and preventive action taken to minimize negative outliers / target misses to the DH
- Ensure effective implementation of improvement projects, including automations, simplifications and enhanced controls for the assigned units/ regions
- Ensure employee participation in the periodic trainings conducted by Technical Trainers for improving people capability
- Ensure all pilots for any process improvements and /or technology enhancements are effectively implemented under the guidance of DH for assigned units/regions
Risk Management & Governance
- Ensure effective implementation of controls for the assigned units/regions
- Review team members are following the process that is signed off at Tower Head level across all units / locations assigned
- Validate if the statutory compliances are accounted correctly and payments are done as per due date to avoid non compliances. Post confirmation for GST release ensure the same is released
- Ensure MSME payments are done on time to avoid non compliances. Monthly review the file received on MSME payments by R2R team and provide reasons for late payments if any
- Support audit requirements by providing all necessary documentation and data
People ManagementStrategic Workforce Planning
- Provide inputs on workforce requirements to DH keeping in mind the estimated workload for the assigned units / regions
Staffing & Retention
- Provide all information to DH on open position requirements on time
- Ensure smooth onboarding process for all team members for the assigned units/ regions
- Ensure early warning signals are identified on time and action plan is developed and implemented for controlling attrition levels for the assigned unit/regions
Learning and Development
- Provide inputs for creation of L&D plan to DH for building people capabilities
- Provide functional expertise and mentoring to teams members and make necessary arrangements to release employees for attending training programs
Performance & Rewards
- Set performance expectations, review team performance and provide constructive feedback on a periodic basis as per the defined practices defined of the tower for assigned unit/zone
- Ensure appropriate action is taken against non performance cases and all PIP cases are handled managed well for all assigned cases Organizational Culture & Employee Engagement
- Encourage participation of team in various employee engagement initiatives
- Encourage employee participation for sharing their views in surveys, polls, townhalls, etc. Through various initiatives taken by HR. Analyse the inputs shared by employees and propose action plan for driving improvements for the assigned units/regions
- Implement the action plans and strive for continuous improvement in employee engagement levels of the team members.
Stakeholder Management
- Maintain close working relationships with key stakeholders like Regional Head/ Section Head and attend governance meetings for the assigned units/regions and attend those meetings to gather feedback, understand issues etc
- Ensure all actionable from the monthly governance meeting are tracked and closed
- Understand the feedback received from the customer survey conducted and provide inputs to the DH for preparing action plan
- Implement and track the action plan for closure for addressing the feedback received during the survey for assigned units / regions so as to aid in improving the score
- Act as a SPOC from UKSC end for particular location and ensure all queries are resolved which are coming from stakeholders by connecting with the concerned spocs at UKSC
Value Creation / Business Impact
- Assist DH in implementation of initiatives identified for improving working capital, cost reduction etc for the tower
UKSC Finance & Accounts
- Ensure adherence to F&A policies and timelines set by the F&A team in submission of required requests/documents
- Support timely and successful F&A audits (Statutory Audits, Tax Audits, Cost Audits, Internal Audits) at UKSC by ensuring required documents/evidences are submitted by the assigned process teams
LINK FOR ONLINE APPLICATION - CLICK HERE
INTERVIEW DETAILS :-
Date & Time - 23rd Dec, 10.00 AM - 2.00 PM
HOW TO APPLY :-
Interested candidate can contact through recruitment.uksc@adityabirla.com
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