Roles and Responsibility:
a. Financial Strategy: Develop and implement financial strategies aligned with the goals
and objectives of J-WiRES. Provide strategic guidance on financial matters to senior
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b. Financial Reporting: Ensure accurate and timely preparation of financial statements,
including balance sheets, income statements, and cash flow statements. Coordinate with
internal and external Dept to communicate financial performance and insights. Manage
all accounting functions using Busy (Tally) software, including sales and purchase
entries.
c. Budget Management: Lead the development and monitoring of annual budgets for the
plant's operational and capital expenses. Track spending, analyse variances, and
provide recommendations for cost optimization.
d. Cost Analysis: Conduct detailed analysis of costs related to beneficiation processes,
raw materials, labour, and overhead. Identify opportunities to improve cost efficiency
and profitability.
e. Inventory Control: Oversee inventory management processes, including inventory
valuation, reconciliation, and control. Implement best practices to minimize inventory
shrinkage and ensure accurate inventory records.
f. Accounts Payable and Receivable: Supervise accounts payable and receivable
functions, including invoice processing, payment approvals, and collections. Monitor
cash flow and optimize working capital management.
g. Financial Planning and Forecasting: Collaborate with operational teams to develop
financial forecasts and projections. Evaluate investment opportunities and provide
financial insights to support decision-making.
h. Compliance and Audit: Ensure compliance with accounting standards, tax
regulations, and internal controls. Coordinate with auditors during financial audits and
implement audit recommendations. Handle GST filings, including GST R1 and GST
3B, and address any mismatches in the GST portal.
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