1. Job Details
| Job Title | Head Finance and Controlling CVS |
| Department | Finance |
| Location & region | Pune |
| Date | |
2. Job Purpose | To take care of budgeting controlling & business planning costing and MIS. Monitoring of material cost inventory to optimize the same through continuous review. Responsible to analyse prepare Business case for Chassis Product Group and drive profitability. |
3. Key Responsibilities
| Budgeting - To prepare budget monthly operating plan FC09 STRAP
- To get inputs from all departments and consolidate it thereafter
- To analyse actual data on monthly basis and carry out the variance analysis from time to time
- IN ORDER TO achieve internal control give future outlook and monitor revenues and cost.
Strengthening of Budgetary And Internal Control - To analyse raw material cost (product wise)
- To review actual cost vs. budget cost continuously
- To monitor capital expense
- To carry out business review with board
- To provide feedback to the functions on the variance w.r.t. budget and decide corrective actions
- IN ORDER TO strengthen internal checks and controls and maximise the profitability.
Business Plan Prepare and analyse business case in line with growth plan. - Compile challenge and monitor business cases as well as financial scenarios that enable business decision.
- Prepare Business plan and valuation such as
- Break even analysis
- Free cashflow
- Present value
- Payback
- IRR
- ROCE ROS
- To assist CFO and MD in decision making.
- Participate in gate reviews to ensure the SOP of the programs are in line with the approved gate workings.
- Prepare long term plan draw actions to meet and improve profitability
- Prepare analysis to ensure new projects are viable or not.
- Business unit / product group wise variance reports such as actual vs Budget vs Business case.
- Drive to meet the profitability and drive actions to improve operations investment and growth plan.
- Working with R&D for cost recovery and drive to implement VAVE ideas.
Implementation & Continuous Review of Int. Control Systems - To take feedback from internal auditors on internal control and systems and accordingly implementing or filling the gaps if there is any lapse
- To examine the existing process and improve if required or making the process more robust
- IN ORDER TO have better checks and controls.
Audit - To complete the audit within deadline and with no major NCs (Non-Compliances)
- To coordinate with auditors and external agencies
- To identify the major issues reported in audit and take corrective actions if any
- To complete group reporting package within deadline
- IN ORDER TO meet the statutory requirements.
- Statutory Compliance & Secretarial Work
- To make a compliance chart with checklist dates in place
- To make sure that the statutory compliance is fulfilled and no penalty is imposed due to non-compliance
- IN ORDER TO meet statutory requirements
Maintaining Working Capital and Fund Management - To collect payments timely from debtors and to make timely payments to creditors.
- To arrange funds for new projects
- To fund for capital expenditure
- To interact with marketing department continuously for timely realisation of dues
- To interact with vendor development department for timely payment of vendor dues
- To manage liquid funds putting surplus part in fixed deposit
- To maintain either negative working capital or working capital of 5 - 6 days
- IN ORDER TO manage the funds and to manage working capital effectively.
Key figures (KPI): - Continuous internal review with MD and and report to related officials in APAC & Head office from time to time in the Std formats
- Reports: internal & external audits
- Group reporting on and before date
- No borrowings surplus funds and No overdues.
Professional Competency - Knowledge of Accounting standards (GAAP/IFRS)
- Taxation knowledge
- Financial Controlling
- SAP knowledge
- SCM Knowledge
- Product & process Costing
- Business case preparation and monitoring
Other professional competency - Managing & improving processes.
- Communication Skill.
- Adaptability & flexibility.
- Teamwork and team building.
- Business Cognizance
- Leading others.
- Relationship management
- Resource Management
-
Qualifications - CA with 15 years of experience
- 12-15 Years of experience in Finance & Accounting.
Leadership & Management Behavioural Competencies - Must be in a leadership role for at least 5 years
- Business Understanding: Knowledge of Taxation (Direct Indirect) Statutory Legal & Secretarial Compliances
Managing & improving processes. - Communication Skill.
- Adaptability & flexibility.
- Teamwork and team building.
- Business Cognizance
- Leading others.
- Relationship management
- Resource Management
|
1. Job Details Job Title Head Finance and Controlling CVS Department Finance Location & region Pune Date 2. Job Purpose To take care of budgeting controlling & business planning costing and MIS. Monitoring of material cost inventory to optimize the same th...
1. Job Details
| Job Title | Head Finance and Controlling CVS |
| Department | Finance |
| Location & region | Pune |
| Date | |
2. Job Purpose | To take care of budgeting controlling & business planning costing and MIS. Monitoring of material cost inventory to optimize the same through continuous review. Responsible to analyse prepare Business case for Chassis Product Group and drive profitability. |
3. Key Responsibilities
| Budgeting - To prepare budget monthly operating plan FC09 STRAP
- To get inputs from all departments and consolidate it thereafter
- To analyse actual data on monthly basis and carry out the variance analysis from time to time
- IN ORDER TO achieve internal control give future outlook and monitor revenues and cost.
Strengthening of Budgetary And Internal Control - To analyse raw material cost (product wise)
- To review actual cost vs. budget cost continuously
- To monitor capital expense
- To carry out business review with board
- To provide feedback to the functions on the variance w.r.t. budget and decide corrective actions
- IN ORDER TO strengthen internal checks and controls and maximise the profitability.
Business Plan Prepare and analyse business case in line with growth plan. - Compile challenge and monitor business cases as well as financial scenarios that enable business decision.
- Prepare Business plan and valuation such as
- Break even analysis
- Free cashflow
- Present value
- Payback
- IRR
- ROCE ROS
- To assist CFO and MD in decision making.
- Participate in gate reviews to ensure the SOP of the programs are in line with the approved gate workings.
- Prepare long term plan draw actions to meet and improve profitability
- Prepare analysis to ensure new projects are viable or not.
- Business unit / product group wise variance reports such as actual vs Budget vs Business case.
- Drive to meet the profitability and drive actions to improve operations investment and growth plan.
- Working with R&D for cost recovery and drive to implement VAVE ideas.
Implementation & Continuous Review of Int. Control Systems - To take feedback from internal auditors on internal control and systems and accordingly implementing or filling the gaps if there is any lapse
- To examine the existing process and improve if required or making the process more robust
- IN ORDER TO have better checks and controls.
Audit - To complete the audit within deadline and with no major NCs (Non-Compliances)
- To coordinate with auditors and external agencies
- To identify the major issues reported in audit and take corrective actions if any
- To complete group reporting package within deadline
- IN ORDER TO meet the statutory requirements.
- Statutory Compliance & Secretarial Work
- To make a compliance chart with checklist dates in place
- To make sure that the statutory compliance is fulfilled and no penalty is imposed due to non-compliance
- IN ORDER TO meet statutory requirements
Maintaining Working Capital and Fund Management - To collect payments timely from debtors and to make timely payments to creditors.
- To arrange funds for new projects
- To fund for capital expenditure
- To interact with marketing department continuously for timely realisation of dues
- To interact with vendor development department for timely payment of vendor dues
- To manage liquid funds putting surplus part in fixed deposit
- To maintain either negative working capital or working capital of 5 - 6 days
- IN ORDER TO manage the funds and to manage working capital effectively.
Key figures (KPI): - Continuous internal review with MD and and report to related officials in APAC & Head office from time to time in the Std formats
- Reports: internal & external audits
- Group reporting on and before date
- No borrowings surplus funds and No overdues.
Professional Competency - Knowledge of Accounting standards (GAAP/IFRS)
- Taxation knowledge
- Financial Controlling
- SAP knowledge
- SCM Knowledge
- Product & process Costing
- Business case preparation and monitoring
Other professional competency - Managing & improving processes.
- Communication Skill.
- Adaptability & flexibility.
- Teamwork and team building.
- Business Cognizance
- Leading others.
- Relationship management
- Resource Management
-
Qualifications - CA with 15 years of experience
- 12-15 Years of experience in Finance & Accounting.
Leadership & Management Behavioural Competencies - Must be in a leadership role for at least 5 years
- Business Understanding: Knowledge of Taxation (Direct Indirect) Statutory Legal & Secretarial Compliances
Managing & improving processes. - Communication Skill.
- Adaptability & flexibility.
- Teamwork and team building.
- Business Cognizance
- Leading others.
- Relationship management
- Resource Management
|
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