The Tata Tea Group of Companies, which includes Tata Tea and the UK-based Tetley Group, besides other companies under its fold today represent the world's second largest global branded tea operation with product and brand presence in 40 countries. The company has five major brands in the Indian market - Tata Tea, Tetley, Kanan Devan, Chakra Gold and Gemini catering to all major consumer segments for tea The consolidated worldwide branded tea business of the Tata Tea Group contributes to around 86 per cent of its consolidated turnover with the remaining 14 per cent coming from Bulk Tea, Coffee, and Investment Income. The Company is headquartered in Kolkata and owns 27 tea estates in the states of Assam and West Bengal in eastern India, and Kerala in the south.
VACANCY DETAILS :-
POST NAME - Executive R2R
QUALIFICATION - CA Inter/CMA Inter/B.Com/M.Com
EXPERIENCE - 6 To 8 Years
LOCATION - Bangalore
JOB DESCRIPTION :-
Financial Outcomes
- Oversee timely and accurate creation of Internal Orders (IO) and capitalization of assets, ensuring financial statements reflect true asset values.
- Guide the team in completing monthly depreciation processes accurately and in compliance with relevant accounting guidelines, while minimizing discrepancies.
- Lead the team in managing monthly depreciation runs, guaranteeing compliance with accounting standards and minimizing discrepancies.
- Ensure the fixed asset register and related documentation are accurate.
- Drive process improvements within the fixed asset & Treasury function to enhance efficiency, reduce errors, and lower operational costs.
- Ensure timely and accurate bank reconciliations, minimizing discrepancies and supporting efficient month-end close processes.
- Oversee daily cash management activities, ensuring optimal liquidity and timely execution of payments and transfers.
- Implement and monitor internal controls within treasury operations to reduce financial risks and ensure compliance with company policies and regulatory requirements.
Customer Service
- Support business units and finance teams with clear guidance on asset processes and treasury operations to facilitate smooth transactions and compliance.
- Ensure prompt resolution of issues related to cash flow, bank reconciliations, or asset management, minimizing disruptions to business operations.
- Provide timely and accurate responses to queries from internal stakeholders regarding fixed asset accounting, depreciation, disposals, and capitalization.
- Gather feedback from stakeholders to continuously enhance service delivery and process efficiency within the fixed asset and treasury functions.
Internal Processes
- Drive process standardization and automation, resulting in improved efficiency and reduced manual errors.
- Support smooth month-end and year-end close by maintaining up-to-date records and reconciling accounts promptly.
- Facilitate clear documentation and knowledge sharing within the team to enable effective onboarding and cross-training.
- Monitor key process metrics (e.g., turnaround time, error rates) to identify improvement opportunities and implement corrective actions.
- Contribute to a culture of continuous improvement by regularly reviewing workflows and implementing best practices.
- Achieve consistent compliance with internal policies, controls, and audit requirements across all process activities.
Innovation and Learning
- Foster a culture of continuous improvement by encouraging the team to identify and implement innovative solutions for process efficiency.
- Lead knowledge-sharing initiatives within the team, ensuring lessons learned and new skills are disseminated effectively.
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