Plant Finance Analyst

Job Description

Title: Plant Finance Analyst

Company Name: JERA Meghnaghat Power Limited

Vacancy: 01

Age: Na

Job Location: Narayanganj

Salary: Negotiable

Experience:

• 3 to 6 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry), Power

• Bachelor’s degree in Accounting, Finance, or related field.

• Partial Professional certifications (e.g., CA, CMA) are a plus.

• 3 to 6 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Manufacturing (Light Engineering and Heavy Industry), Power

• Hands-on experience with accounting software (e.g., SAP, MS dynamics ERP systems).

• Sound knowledge of accounting principles and standards.

• Proficiency in MS Excel and other financial tools.

• Strong analytical and problem-solving skills.

• Ability to work independently with minimal supervision.

• Excellent communication and interpersonal skills.

• Detail-oriented and highly organized.

• Self-driven and proactive with a strong sense of responsibility.

• Ability to meet tight deadlines and manage multiple priorities.

• Team player with a collaborative approach.

Plant Accounting Operations:

• Maintain accurate records for power plant operations, including expenses, revenues, and fuel costs (natural gas).

• Oversee accounts payable and receivable related to plant operations, including vendor payments, utility settlements, and customer billings.

• Perform journal entries for plant-related transactions and update the general ledger.

Financial Reporting:

• Prepare plant-level financial reports, including Provident fund and gratuity fund profit and loss statements, balance sheets, and plant level cost analysis.

• Ensure timely month-end and year-end closures for plant accounts.

• Conduct variance analysis between budgeted and actual financial performance.

Cost Management:

• Track and reconcile production costs, labor costs, and overhead expenses.

• Provide analysis of cost-saving opportunities and process improvement suggestions.

Compliance and Audits:

• Ensure adherence company-wide accounting policies and standards.

• Assist with internal and external audits, providing necessary documentation and explanations.

Taxation and Regulatory Compliance:

• Handle Tax, VAT, and other tax filings related to plant, funds and company.

• Maintain compliance with regulatory requirements and ensure proper documentation is maintained.

Process Improvement:

• Identify gaps in accounting processes and recommend improvements.

• Collaborate with the operations team to streamline accounting workflows.

Other Duties:

• Support the preparation of budgets and forecasting for plant operations.

• Assist in financial planning and strategy for the plant.

• Ad hoc assignments as and when required.