Section In charge – Accounts Receivable || JSPL Angul

6 - 11 Years
Angul

Job Description

Roles & responsibilities
Carry out scheduling, assignment and management of Accounts Receivable staff to ensure timely invoice generation and collections
Supervise preparation of regular aging reports for management review of outstanding collections and delinquent accounts
Review and update all deposit & credit balances, trial balance, related GLs, refunds, and adjustments and tax compliances on a regular
basis
Carry out reconciliation of accounts receivable and ensure preparation of weekly, monthly, quarterly financial statements for ARs
Manage and provide direction to a team of 2-4 executives to ensure timely invoicing to customers and processing collections
Resolve issues related to customer billing along with SBU, Regional Finance and Customers and identify process and technology
improvements in the Accounting process to increase productivity and efficiency
Carry out daily interactions with internal departments (SBU teams, Logistics, etc.) to resolve issues related to customer billing and ensure
timely processing of invoice and payment to vendors
Convince and persuade SBU sales and marketing finance teams regarding pending invoices and related documentation to ensure timely
processing and payments
Knowledge and Experience required
Typical role requires a professional experience of 7-12 years in the payables and related accounting functions
Role requires deep understanding of national finance practices and relevant financial and tax laws

Key Performance Indicators
Account receivables aging
Days sales outstanding
Adherence to billing timelines
Account Receivables Turnover Ratio

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Education-

UG:B.Com - Commerce

PG:CS, CA, MBA/PGDM - Finance

Doctorate:Doctorate Not Required

Company Profile

Jindal Steel Power Limited

JSPL is an industrial powerhouse with a dominant presence in steel, power, mining, power generation and infrastructure sectors. Part of the US $-18-billion OP Jindal Group this young, agile and responsive company is constantly expanding its capabilities to fuel its fairy tale journey that has seen it grow from nowhere to a US $-3.6-billion business conglomerate. The company has committed investments exceeding US$ 30 billion in the future and has several business initiatives running simultaneously across continents.

Led by Mr Naveen Jindal, the youngest son of the legendary Shri O.P. Jindal, the company produces economical and efficient steel and power through backward and forward integration.
From the widest flat products to a whole range of long products, JSPL today brags a product portfolio that caters to markets across the steel value chain. The company produces the world's longest (121-metre) rails and it is the first in the country to manufacture large-size parallel flange beams.
JSPL operates the largest coal-based sponge iron plant in the world and has an installed capacity of 3 MTPA (million tonnes per annum) of steel at Raigarh in Chhattisgarh.

Also, it has set up a 0.6 MTPA wire rod mill and a 1.0 MTPA capacity bar mill at Patratu, Jharkhand, a medium and light structural mill at Raigarh, Chhattisgarh and a 1.5 MTPA steel melting shop and a plate mill to produce up to 5.00-metre-wide plates at Angul, Odisha. An enterprising spirit and the ability to discern future trends have been the driving force behind the company's remarkable growth story. The organization is wedded to ideals like innovation and technological leadership and is backed by a highly driven and dedicated workforce of 15,000 people.

JSPL has been rated as the second highest value creator in the world by the Boston Consulting Group, the 11th fastest growing company in India by Business World and has figured in the Forbes Asia list of Fab 50 companies. It has also been named among the Best Blue Chip companies and rated as the Highest Wealth Creator by the Dalal Street Journal. Dun & Bradstreet has ranked it 4th in its list of companies that generated the highest total income in the iron and steel sector.
Alongside contributing to India's growth story the company is driving an ambitious global expansion plan with its sights set on emerging as a leading transnational business group.

The company continues to capitalise on opportunities in high growth markets, expanding its core areas and diversifying into new businesses. In Oman (Middle East), the company has set up a US$-500-million, 1.5-MTPA gas-based Hot Briquetted Iron (HBI) plant. It is now adding a 2-MTPA steel-making facility.

In Africa, the company has large mining interests in South Africa, Mozambique, Namibia, Botswana and Mauritania and is expanding into steel, energy and cement. In Australia, the company is investing in greenfield and brownfield resource sector companies and projects to supplement its planned steel and power projects in India and abroad.

In Indonesia, the company has invested on the development of two greenfield exploration assets. It is also exploring investment opportunities in the power and infrastructure sector in Indonesia. JSPL endeavours to strengthen India's industrial base by aiding infrastructural development, through sustainable development approaches and inclusive growth. The company deploys its resources to improve infrastructure, education, health, water, sanitation, environment and so on in the areas it operates in. The company has won several awards for its innovative business and social practices.
View Contact Details+

Recruiter Name:Krishna Mohan Pandey

Contact Company:Jindal Steel Power Limited

Salary

Not Disclosed by Recruiter

Functional Area

Other

Employment Type

Full Time, Permanent