AGM – Jajpur, Odisha, India

Company: Jindal Stainless
Apply for the AGM – Jajpur, Odisha, India
Location: Jajpur
Job Description:

FINANCE AGM – Job Profile

1. Role Overview

The Assistant General Manager – Finance (AGM – Finance) role responsible for managing the financial operations of the organization, ensuring strong internal controls, statutory compliance, accurate financial reporting, and strategic financial planning. This role acts as a bridge between senior management and various finance sub‑functions to drive process excellence, governance, and business support.

2. Key Responsibilities

A. Financial Reporting & MIS

  • Lead monthly, quarterly, and annual closing in SAP/ERP within timelines.
  • Review and validate MIS reports, financial statements, variance analysis & management dashboards.
  • Ensure compliance with Ind AS, Companies Act, and corporate accounting policies.
  • Supervise GL scrutiny, books finalization, and ledger hygiene.

B. Budgeting, Forecasting & Cost Control

  • Drive annual budgeting, rolling forecasts, and performance tracking.
  • Support management in decision-making with financial models and scenario analysis.

C. Audits & Compliance

  • Lead Statutory, Internal & Tax audits.
  • Ensure compliance with:
  • Income Tax Act (including TDS, advance tax, Form 26AS reconciliation)
  • Tax Audit
  • Secretarial compliance
  • Coordinate with auditors, provide schedules, and drive closure of audit observations.

D. Working Capital, Treasury & Banking

  • Oversee cash flow planning, fund allocation, and optimum working capital utilization.
  • Manage banking operations: LC/BG issuance, bank reconciliations, fund transfers & treasury reporting.

E. SAP / ERP Finance Operations

  • Drive system-based controls and minimize manual interventions.
  • Lead improvements in SAP FICO, MI Portal, Invoice Mart, workflow approvals, etc.
  • Ensure adherence to:
  • RPT SOP in SAP
  • Asset Capitalization SOP in SAP

F. Asset Management & Capitalization

  • Ensure timely capitalization of CWIP & fixed assets as per Ind AS 16.
  • Review supporting documents, trial run reports, commissioning certificates, and depreciation workings.

I. Leadership & Team Management

  • Lead and mentor the finance team with a focus on ownership, discipline, and capability building.
  • Promote process-driven culture and cross-functional alignment with Purchase, Stores, Projects, Production & HR teams.

3. Key Skills & Competencies

  • Strong analytical & problem‑solving skills
  • Expertise in SAP FICO, Excel and finance automation tools
  • Deep knowledge of Ind AS, GST, Income Tax, Companies Act
  • Ability to work under pressure and deliver within deadlines
  • Process orientation and automation mindset

4. Educational Qualifications

  • CA
  • 10–15 years of experience in Finance, preferably in manufacturing, listed companies, or large corporates.

5. Reporting Structure

  • Reports To: GM Finance
  • Leads: Finance Executives, Banking & Receivables team.

Posted: March 10th, 2026