Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies.
The L&T Group comprises of 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 jointly held operations, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services.
PURPOSE OF THE POSITION
Statutory compliance - Costing Rules
Strengthen costing function across ICs/BUs
Conduct Internal audit of Cost Records
Monitor Budget utilization across HO departments.
JOB DUTIES/RESPONSIBILITIES
Review of half yearly / annual cost audit annexures submitted by ICs, co-ordination with Cost auditors and issue resolution, consolidation and presentation to Senior management and filing CAR with MCA.
Working on the Cost audit annexure tool for consolidation and report generation & RPA BOT for IDT related information.
Review of costing systems and procedures at various units & improvement suggestions.
Internal audit of cost records at Mfg. locations/Construction project sites.
HO departments - Monthly expense provisions in SAP, budget error resolutions, additional budget provisions, monthly expense reporting.
Analysis & monitoring of actual expenses of HO departments and working towards cost efficiency initiatives.
Implementation of Authorisation Guidelines across HO departments.
Assisting in annual revenue budget exercise for HO departments.
Support during quarterly accounts closing activities.
Job will involve travel pan India.
EDUCATIONAL QUALIFICATION: CMA
Experience: 0 to 5 years post qualification
Larsen & Toubro Infotech Limited LTI (NSE: LTI) is a global technology consulting and digital solutions company helping more than 250 clients succeed in a converging world. With operations in 27 countries, we go the extra mile for our clients and accelerate their digital transformation with ...