To lead and manage the Finance & Accounts department for the greenfield Bandha Coal Mine and enable its accelerated operationalization ahead of Government of India timelines. The role ensures accurate, timely, and compliant financial management during all project phases of Bandha Coal Mine. The Department Head is responsible for building robust financial systems, ensuring correct and timely booking of costs, preparation and monitoring of project budgets, and accurate capitalization of assets through the Project Accounting Module. The role safeguards statutory compliance, enforces SOP adherence, and supports unit management on all financial aspects during project phase and in production, dispatch, stock control, asset management, stakeholder management, and business partnerships. A key purpose is to identify and proactively address emerging risks, non-compliances, or sticky issues while ensuring continuous improvement through implementation of best practices. The role also includes providing leadership to the finance team-motivating, developing, and retaining talent while fostering a culture of performance and accountability. Job Context:Aditya Birla Group is Indias first trulymultinational corporation. A US $65 billion corporation, the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 1,87,000 employees belonging to 41 different nationalities. Hindalco is one of the leading producers of aluminum and copper. Hindalco ranks among the global top five aluminum majors, as an integrated producer with low-cost alumina and aluminum facilities combined with high-end rolling capabilities and a global footprint in 13 countries. It has a turnover of US$14.8 billion. Hindalcos major products include standard and specialty grade alumina and hydrates, aluminum ingots, billets, wire rods, flat rolled products, extrusions and foil. Some of Hindalcos brands include Everlast aluminum roofing sheets, Freshwrapp aluminium foil, Fresh pack, semi-rigid containers, Perma shield, waterproofing, Aluminum foil, Hindalco extrusions, Birla Copper, Birla Gold, Birla Silver At Hindalco, we have captive Coal and Bauxite mines, located in Jharkhand, Chhattisgarh, Odisha and in Maharashtra. We have total 16 MTPA of coal requirement. Hindalco is building coal portfolio of 17-18 MTPA through own mines. Bandha Coal Mineis a Green Field Projectwith an annual production plan of 5 MTPA with complete open cast mining. The Mine was allotted to EMMRL in auction process and allocation order received from MOC on 3rd Mar 2021. The control of EMMRL was taken over by Hindalco Industries Limited from 1st Dec 2025 through share purchase agreement between EMIL & Hindalco. All statutory clearances required for mining including FC-I, FC-II, EC, and mine opening permission have already been obtained. The mineable reserve is 207 million tons & extractable reserve of 197 million tons. Key Job context- The position is responsible for SOP formulation and implementation, Risk Assessment and work towards minimizing the same, instituting and reviewing internal controls and accounting controls, maximizing IT use through automation drive in finance & accounting areas. The job context also includes a focused planning and implementation of statutory and business changes in close coordination with CFD / Mining Finance and other Internal and external Stake Holders. The position is empowered to take routine decisions under gambit of the Profile which makes him a bridge between the intra unit / corporate requirements and key finance & technical users. The Position is responsible for overall control of Unit Financial Activities including finalization of accounts as a subsidiary company under Hindalco Industries Ltd.
Major Challenges: - Managing, grooming and retention of talent with succession planning for F&A departmentdespite the remote location of the unit
- Frequent changes in accounting and taxation rules poses challenges in building capabilities amongst team members &ensuring compliance wrt GST and taxation Laws.
- Tracking the performance and doing midcourse corrections wherever required
- Understanding Mining Laws, its financial impact & taking timely actions
- Migration from Project to Operations for various streams of business and relevant accounting treatment and reporting process stabilization.
- Understanding process, formation of SOP & system development to establish Business/financial control.
- Building teamwork with different departments for decision making & to achieve common goal.
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