Function Head Finance & Commercial Job Band 6
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Job Location:
Monthly Salary:
Posted on:
11-11-2025
Vacancies:
1 Vacancy
Job Summary
Job Purpose
To lead and direct the Commercial Finance & Purchase functions at Project / Unit and be responsible for all necessary aspects including billing collection reconciliations finance & accounts and procurement functions.
Job Context & Major Challenges
Job Context:
Amelia Coal Mine is located in the Main basin of Singrauli Coalfield Singrauli District of Madhya Pradesh (37 km from Singrauli City). The block has been allotted to THDC India Limited a Mini Ratna Public Sector Undertaking (Joint Venture of NTPC Limited and Government of Uttar Pradesh). THDC has appointed Amelia Coal Mining Limited as their FY2023 ACML has begun Overburden Removal and Coal Production. State of Art Technology utilized in Amelia Coal Mine is combination of shovels and dumpers and Surface Miners. Amelia Coal Mine is currently in the ramp-up phase with Peak Rated Capacity (PRC) of 5.6 Million Tonnes Per Annum. Scope of the MDO includes Access to Site Finance deploy HEMM Operate and Maintain Mine excavate and deliver coal; Construction and Maintain of Coal Handling Plant (CHP) infrastructure including Conveyor (Mine to Railway Siding) Railway Siding Approach and Access Roads; Arrange Power Supply Undertake Land Acquisition R&R obtain possession of land procure and renew EC FC licenses permits etc.
Major Challenges:
Some of the major challenges includes achieve and maintain peak coal production and overburden removal ensure safe operation maintain coal quality shifting of Project PDFs facilitate land acquisition physical possession of land implementation of R&R policy construction operation and maintenance of Coal Handling Plant (CHP) Coal Conveyor and Railway Siding compliance with statutory norms renewal/ amendment of statutory clearances undertake progressive mine closure facilitate smooth operation and comply with the requirements as per terms of contract with THDC Contractors Sub-Contractors etc.
Key Result Areas
| KRA (Accountabilities) (Max 1325 Characters) | Supporting Actions (Max 1325 Characters) | |
|---|---|---|
| KRA1 | Planning and Budgeting | Design and implement an appropriate policy framework to guide projects decision-making and development in relation to finance & accounts commercial and purchase Prepare annual budget and forecasts aligned to strategic plans and in accordance with guidelines of project and Group. Participate in strategic decision making and after sensitivity analysis |
| KRA2 | Controlling of Accounts | Manage and maintain the financial accounting systems Monitoring of proper keeping of books of accounts of all the expenses and incomes adhering to the standard. Oversee timely processing of vendor claims with fairness and making payment to the vendors against their claims as per the contract/ agreement. Ensuring the completion of monthly quarterly and annual accounts in time with accuracy. |
| KRA3 | Compliance with Commercial Laws and Taxation | Ensure financial and other reporting systems are maintained to the standards required by the ROC Companies Act Group Systems & Policies and external auditors and regulatory agencies To supervise and ensure adherence to Service Tax VAT WCT IT etc. |
| KRA4 | Billing/ Collection & Working Capital Management | Follow-up for in-situ measurement of production be completed and the joint measurement report duly signed to be available at the earliest. Monitoring the billing be completed and submitted at the earliest after obtaining of Joint Insitu Measurement Sheet. Ensuring the early collection of bills against the bills raised. Ensuring timely remittance of fund requirement to CFD and coordination for availability of fund in time with an intention to reduce holding cost of fund and get more interest income from temporary investment. |
| KRA5 | Financial Analysis MIS & Cost Control | Ensure timely preparation of Trial balance of all profit centers of the unit. Reconciliation/Cross checking of various data required for MIS. Ensuring to submit the management information reports in time. Identification of the areas of cost control and brought to the notice of COO for implementations of internal checks/controls. |
| KRA6 | Purchase & Stores | Manage the purchase function of the unit including purchase processes contracts payments and vendor management Monitoring the purchase and stores functions to ensure timely purchase/ procurement with competitive rate Ensure establishment of standard procedures establishment and ensuring zero deviation. |
Required Experience:
Director
Key Skills
- Business Development
- Compliance
- Revenue Growth
- Customer Services
- Account Management
- Staff Meetings
- Communication
- CRM
- Client Relationships
- Market Research
- Project Management
- Contract Management
- Business Units
- daily operation
- Logistics
About Company
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