Title:  Manager - Finance & Accounts - Minerals

About Us

Tata International Limited is a leading trading and distribution company that has served the industry for over six decades, exemplifying its core values of Pioneering, Integrity, Excellence, Unity and Responsibility. We have our footprints in over 29 countries across the globe operating in diversified verticals from trading and distribution to manufacturing and retail, which offers our employees a dynamic environment rich in opportunities. Guided by the common threads of Tata Code of Conduct, we foster a collaborative and inclusive work environment that encourages personal and professional growth thus laying a strong foundation for creating a world-class organization where employees are respected and motivated to contribute to sustainable development.

Job Purpose

This position is responsible for managing the financial operations and maintaining books of accounts for a business unit, (TISPL entity and the Iron Ore and Sponge Iron segments). The role need to ensure financial compliance, supports business performance tracking, and enables effective decision-making through robust financial reporting and analysis.

Key Responsibilities

Business Partnering

• Supporting business, review of transaction in system and timely reporting without surprises. Supporting any new business opportunity and trade flows.
• Review of deal-sheets with senior management on monthly basis for segment and trader-wise profitability.
• Timely vetting and approval of Cost sheet, PO, SO’s, JV’s etc in system along with review of transfer pricing.

• Review of segment-wise hedge data / transactions prepared.
• Support business to achieve positive cash flows to help reducing corporate borrowings and maintain line position.
• Support on open issues in Minerals Business and ensure timely closure    
• MIS vs Financial Reconciliation/ IUT/RPT transaction should be reconciled/cross verified every month
• All the cashflow generated should be transferred to corporate by 15th of every month.
• Managing local taxation requirements and adhering to GST compliances, custom laws.
• Monitoring receivables and payables, follow-up for payments and obtaining confirmation of balances.
• Review of activities done by team on daily basis

Monthly reporting

• Review of freight MIS and controlling LTC, DN/CN issuance.
• Sharing of various reports for Monthly BCMs/CFO Review/MD Review for further consolidation.     
• Support on testing for ERP Reports
• Review of daily and projected Cashflows for fund management
• Analyze monthly financial statements (balance sheet, income statement)
• Support in Board presentation and other requirements
• Completion of Month end activities within the desired timelines w.r.t books closing, Journal entries, BRS, etc 
• Supporting in ABP Finalization 

Close Quarterly Audits with minimal issues and escalations

Educational Qualifications

CA

Desired Profile (Experience)

7-8 Years

Industry Preference

NA