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
Job Location:
Monthly Salary:
Posted on:
Vacancies:
