Job Details

·         Preparation of Budgets & Rolling Forecast for Plants & Cash flow planning (Yearly/Quarterly/Monthly/Weekly).

·         Timely preparation of a flexed budget at the start of every month as per schedules and govern the same in all plants.

·         Performing variance analysis and identifying business reasons for deviations from plans.

·         Inventory control and debtors/collection management for optimizing cash flows.

·         Conduct strict Internal stock taking and perform quarterly stock audits for all plants.

·         Timely preparation and presentation of finance MIS to the management.

·         Receivable Management - Monthly review with sales & marketing to improve debtors turnover ratio (Verify and fix Debtors No. of days and Creditors No. of days).

·         Payable Management- Monthly review of outstanding dues and plan to pay on time.

·         Ensure implementation of ERP (Finsys) and smooth operation of the same across all plants.

·         Follow-up for duty draw back and MEIS license and periodical reconciliation.

·         Ensuring cost audit every year for all 4 group companies.

·         Ensure proper costing for all manufacturing units with budget and coordinate price increase/decrease with plant heads & marketing team in an accurate manner.

·         Management of all online payments – Vendor, Salary, Statutory dues, internal transfer of group and associate company.

·         Quarterly TDS and GST Payable and Receivable reconciliation with revenue and expenses.

·         CAPEX Accounting and control.

·         Preparation of Annual Financial Statement / Balance Sheet for all 4 group companies to be ready within the agreed timelines for Audit.

·         Coordination with Internal, Statutory and Tax Auditors with a view to highlight the shortcomings, resolving their queries and implementation of recommendations.

·         Monitor the regulatory filing with ROC and coordination with Company Secretary.