AH Bill Passing

• Job Purpose

Ensuring timely Capex planning and completion, Executing GL with AP and maintaining proper GL balances, ensure timely Bill Passing – Supply, Stores Inventory. Prepare for and complete project audit.

• Dimensions: 36 KT production per annum and highly automated plant leads to increase accountability as compared to other downstream Units. Position is required to manage Capex, Scrutiny of GL, Bill Passing – Supply, Stores Inventory of Silvassa unit.

  Business/SBU/Unit Revenue

• Approx. 248 Crs Revenue
• Business Workforce Number
• 5000
• Unit Workforce Number
• 500
• Function Workforce Number
• 9
• Department Workforce Number
• 9
• Other Quantitative and Important Parameters for the Job: Budgets/Volumes/No. of Products/Geography/Markets/ Customers or any other parameter
• Taking care of Capex, Scrutiny of GL, Bill Passing – Supply, Stores Inventory. This plant involves realization of 248 Crs excluding metal cost.

• Job Context & Major Challenges:

Hindalco is a leading producer of aluminum in the country. Extrusion process is very versatile & cost-effective metal forming process. The Silvassa Hindalco Extrusion section is new location and dedicated for B&C market which requires the low product cost with the utmost quality which is only possible with working of high-end press along with downstream process. Hindalco Industries Ltd. is the Metals Flagship of Aditya Birla Group. Hindalco Industries Ltd. Silvassa Extrusion plant aims to develop a one-of-a-kind Manufacturing Unit that will be highly automated to bring superior quality and consistency. Our staffing philosophy is to create a World Class Experience by partnering with best-in-class professionals who are values-driven, growth driven, learning agile, digitally savvy, self-driven, collaborative, and technically best, to consistently deliver superior and outstanding business results.

Job Challenges: The job position demands keeping account of GL with AP and ensuring proper GL balances, Fixed Assets. The position to ensure and has a direct role of compliances to Bank guarantee, Capex MIS, Audit, IFC, maintain all records related to payable supply bills and store’s inventory.

• Key Result Areas/Accountabilities:

Supporting Actions

Scrutiny of GL- Monitoring GL with AP and ensuring proper GL balances

• Ensuring GL & AP is reconciled on monthly basis.

FA - Additions in fixed assets module & uploading JV in books and ensuring accuracy of monthly depreciation.

• Ensuring timely run of FA module including additions & depreciation

Bank Guarantee - Ensuring BG against order & extension wherever required

• Ensuring ABG & PBG is received and released as per PO terms and conditions.

Audit – Preparing & providing inputs to auditor & ensure timely completion.

• Preparing and checking fulfilment of audit compliances and documentation and to ensure audit completion.

IFC - Taking care of internal financial control of Silvassa Extrusion.

• Making sure IFC requirements are met including samples.

Supply & Service Bills Payable - Passing of Supply & Service Invoices for Extrusion Plant.

• Timely passing of bills and vendor payment within due date.

Stores Inventory - Monitoring Stores inventory along with its age and reconciliation with GL

• Needs to ensure stores inventory and age analysis