Job Description

Position Title: [[Assistant Manager Project Finance]]

Job Details:

Function/Department : Finance Global Job Grade Job Title* : Asst. Manager F&A Project Controller

Region** : APEMA Global Grading System Job Code:

Global Job Grade : 4 Evaluation Date :

Global Pay Band : Global Benchmark Job :

• This is a generic job title to be used for Job Administration. Job titles used by individuals may vary by country but the position should be aligned to the generic job title for Job Administration purposes.

** e.g. Global/APMEA/NA/CE/etc.

Instructions for Position Summary: Brief description of the primary purpose of the position, with emphasis on the outcomes or results expected (rather than what is specifically done). This should briefly describe why the job exists. Consider how you would describe the job to someone you\'ve just met.

Position Summary:

To control budget against actual spent, maintain cahsflow, Audits and other statutory compliances, AP settlement, Direct and Indirect taxes, analysis Tracking and monitoring, day-to-day F&A activities etc.

Instructions for Responsibilities and Accountabilities: List the major responsibilities and accountabilities of the position in order of importance with most important being first etc. Each item should describe what the person in this position have to accomplish at McCain. (i.e. what the job produces) as well as the key activities that lead to the outcomes:

Responsibilities and Accountabilities:

Project finance controlling

Kew responsibilities are: * Overall controlling of budget/projected spend

• Take care of correct GST ITC
• Monitoring & Analysis Budget closely
• Cash flow projection and monitoring
• Review of all Purchase orders for correct payment terms
• Handling Statutory and internal Auditor
• Handle external auditor for Debt financing
• Implements of internal controls
• Control of startup cost
• Insurances related to project- Coordination, payment and tracking
• Ensure of all compliances-GST/CD/IT and other local tax etc\xe2\x80\xa6
• Vendor settlement (around 500-600) including all foreign vendor
• Take care of all direct and indirect taxes (GST, Custom duty, Withholding taxes)
• Arrange all sec.195 Order to reduce WHT burden
• Control and monitoring Digester savings
• Fixed Asset capitalization timely as per rules of IFRS and Canadian GAP
• Vendor account reconciliations & Balance confirmation of all project vendors
• Arrange installation certificate from internal and external sources
• 100% Invoice checking for GST and other compliance before processing
• Ensure and verify project inventory reconciliation and movement on regular interval
• Numbering in all newly added assets & complete asset counting & reporting
• Post mortem analysis post commissioning

Budget Monitoring

Overall controlling of budget/projected spend (Appox. INR 1000 Cr.)

Line by line controlling budget with actual spends, monitoring commitments, coordinating with project head/engineer, and it\'s reporting to concerns on time. Fully conversed with various forecast process and analysis of actual spent.

Capex Fund flow forecasting

Very thoroughly preparation and forecasting of Fund flow based on project scheduling with coordinate with project lead and tracking of spends and analysis of differences.

Control of Capex forecast, upload in SAP based forecast and actual in require time line.

Preparation data for forecasting based on PO and payment terms very thoroughly and control as per forecast vs actual

All statutory taxes (TDS, GST & Customs Duty)

Ensure correct GST ITC and WHT with compliance various nature of invoices/ country/vendor

All statutory payments to be taken care and to be reconciled with book and actual payables., taken care for TDS and GST for supplier and coordinated to issue TDS certificates.

Invoice processing

After Invoice received need to ensure with security gate entry on material invoice, service/installation certificate of service invoices, Engineers verification/confirmation, two way / three way matching with PO.

Ensure during process of Invoices check necessary supporting/ evidence (COQ, Contract, PO etc).

Maintaining purchase register of all purchases under project, controlling due dates, monitoring invoice booking and verifying with SAP, Vendor accounts reconciliation, balance confirmation etc. Considering all input tax credit benefit and co-ordination with Tax executives.

Payments tracking

Define, implement & enforce Accounts Payable policies, procedures & systems

Ensure effective controls in place over disbursements, Segregation of Duties, and transactions are properly authorized, complete, accurate & valid.

Tracking and controlling payments with POs, Invoices, Contracts, Budget etc.

Update necessary register for more visibility with all necessary information, verifying with agreement, obtaining approval, submission with plant for processing payments, keeping invoices properly for future records.

Reconciliation of all vendor Accounts, obtain balance confirmation /no due certificate.

Tracking of all foreign payments and arrange necessary documents with help of concerns department, follow up with Delhi for onwards remittance by Controlling any advance or pending unadjusted value, all Direct and indirect tax to be taken care off, projection of funds arrange & utilizations etc.

Capitalization of Fixed Assets

Day to day preparation details of CWIP and reconciliation with WBSE and correction entry correct at the time.

Arrange installation certificate from internal and external source

After completion of project, properly as per IFRS guideline asset to be capitalised after considering proper grouping, life, and description and correct calculation depreciation etc.

Numbering/Tagging in all newly added assets & complete asset counting & reporting

Fixed Asset physical verification/Deletion

Physical counting of all assets at least twice in a year and find out scrap, unusable for onwards disposal of Assets after arranging proper approval.

Audits

Take active part during audits, coordination with internal and statutory auditor and arrange and provide information, prepare schedules & statements, and satisfy them without any major notes, follow/implement all auditors\' recommendations.

Instructions for Requirements: Record the ideal qualifications for someone to take on this job (note: current incumbents may have different backgrounds). If you were looking to hire someone for this job, what background and qualifications would be required and/or desired ? This should briefly describe what a person needs to be successful in this position.

Requirements:

Academic:

• Must have

CA / ICWA

• Nice to have:

Professional/Technical Accreditations:

• Must have:

• Nice to have: Fluency in English

Related Work Experience (Internal to the organization or external):

3 - 5 years

Instructions for Working Relationships and Key Contacts: Record the typical contacts both internal and external that someone in this position would have during a normal working day/week. Please do not record names - identify contacts by broad category (e.g. \xe2\x80\x9cclients\xe2\x80\x9d) if external to the organization, or by title (\xe2\x80\x9cManager, Finance\xe2\x80\x9d) for contacts within the organization. Describe the purpose of the communication in a few words (i.e. \xe2\x80\x9cprovide information\xe2\x80\x9d, \xe2\x80\x9cconfirm transaction\xe2\x80\x9d).

Working Relationships and Key Contacts:

Contact

Purpose

Internal:

1

Sr. Manger Finance

For day to day reporting

2

Other finance team

For finance related matter

3

Project Manager and project team

Project cost, cash flow & budgeted spend

External

1

With vendor

For finance related matter

2

With Engineers

Related to completion of work

3

Authorities:

Budget:

Managing People (# of direct reports): 0

Other:

General Competencies:

• Direct & Indirect taxes
• Inter personal relation
• Communication
• Analytical skill

Critical CORE (Behavioral and Business) Competencies:

• Ensure Accountability
• Being Resilient
• Courage
• Customer Focus
• Collaborates

Instructions for Additional Information: Record the description of other information relevant to the position, such as travel requirements, details about the team. This should briefly describe what else we need to know about this position in order to recruit the right person.

Additional Information:

Organization Relationships:

McCain Foods is an equal opportunity employer. We see value in ensuring we have a diverse, antiracist, inclusive, merit-based, and equitable workplace. As a global family-owned company we are proud to reflect the diverse communities around the world in which we live and work. We recognize that diversity drives our creativity, resilience, and success and makes our business stronger.

McCain is an accessible employer. If you require an accommodation throughout the recruitment process (including alternate formats of materials or accessible meeting rooms), please let us know and we will work with you to meet your needs.

Your privacy is important to us. By submitting personal data or information to us, you agree this will be handled in accordance with the

McCain Foods