Bangalore Metro Rail Corporation Limited, a joint venture of Government of India and Government of Karnataka is entrusted with the responsibility of implementing the Bangalore Metro Rail Project. The project envisages establishing a Metro Rail system at an estimated cost of ` 11609 crores, with two corridors of 42.3 kms. stretch . As on 31.3.2011 the project has achieved 38.6 % physical progress and ` 4200 cr financial progress. Commercial operation in respect of Reach – 1 i.e. Byappanahalli to M.G.Road is likely to commence in June 2011.
The Company wishes to appoint Director (Finance) in the Finance discipline. The Director will be a Member on the Board of Directors of the Company and will report to the Managing Director.
JOB DESCRIPTION AND RESPONSIBILITIES :
He / She will be responsible for all Finance and Accounts functions including but not limited to the following :
• Overall supervision of the finance and accounts functions
• Fund management ( receipts, payments, cash and bank transactions, cash and fund flow etc) including ensuring that the financial resources are secured and funds deployed efficiently and effectively
• Ensuring Financial Reporting including P & L , Balance Sheet etc. duly audited by Internal Audit / Statutory Audit.
• Project-related financial planning, follow up with funding agencies, submission of compliance, narrative reports and MIS
• Coordination with Government of Karnataka, Government of India, Financial
Institutions in India and overseas.
• Putting in place “Finance Manual”
• Overseeing installation of ERP packages in respect of Modules relating to Finance and Accounts
• Improving and implementing a comprehensive financial management plan that will ensure an efficient, effective and sustainable programme consistent with Project Policies
• Providing operational oversight from finance / accounts angle for the overall Project implementation
• Coordinating the consolidation of the annual, short and long term financial plans, budgets, forecasts, prepare, analyse and report the results to the Management.
• Optimising deployment and ensuring adequacy of financial resources during the implementation of the Project
• Appraisal of financial risks and remedial actions
Other facilities as per rules of the Company including the following:
• HRA as admissible or Company quarters in lieu of HRA plus License fee of
` 300/- per month
• Chauffeur driven vehicle
• Reimbursement of medical expenses up to ` 15000/- p.a.
• Medical and Personal Accident Insurance coverage
• Newspaper allowance
• Mobile / Residential telephone
• Project Allowance
Bangalore Metro Rail Corporation Limited , entrusted with implementation of Bangalore Metro Rail Project, wishes to appoint DIRECTOR (FINANCE), on contract or on deputation basis.
The Director (Finance) will be a Member on the Board and will report to the Managing Director. Applications should reach the undersigned on or before 20.6. 2011. For details, please visit our website : www.bmrc.co.in in Careers section.
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