• Working closely with the leadership team to formulate the business's medium to long term financial and strategic plan.
• Work with Business Unit heads to build their annual budgets and forecasts.
• Producing models to project long term growth and determine the impacting business factors.
• Analyzing financial and operational results to better understand company performance.
• Utilizing BI tools to delivery meaningful insights into business performance
• Communicate to senior management the reasons behind the product/department performance and results!
• Provide detailed analysis and commentary on cost center results.
• Reviewing operations and recommending new productivity or cost saving initiatives
• Preparing business cases to support new investment, strategic and other business decisions.
• Reviewing existing processes and procedures to develop recommendations for improvement efforts.
• Evaluating previous budgets, expenditures to develop and implement future budgets.
• Communicating results and recommendations to senior management for improvements that will lead to cost reduction, revenue generation and streamlining operations.
• Provide insights to senior management around financial modelling, forecasts and profitability.
• Be the compliance officer for the unit; making sure all Internal controls are in place and operating efficiently. risk management and control management over operations' effectiveness, financial reliability and compliance with all applicable directive and regulations.
• Liaison with the Statutory & Internal Auditors, Transfer Price etc.
• Liaise with banks and financial institutions in all matters of credit, funding, and cash investment.
• • Provide inputs to the top management on the recommendations from the business expansion team for appraisal for proposals for mergers, acquisitions and joint ventures
  • Ensure the integrity and smooth transfer of financial data, maintenance of legal documentation and prudential controls
  • Ensure compliance with treasury controls and procedures
  • Ensure implementation and maintenance of all controls as per SOX
  • Ensure transactional compliance and liasoning with the external service providers.
• Generate forecasts and manage the financials to ensure achievement of key performance metrics including review financial performance versus plan and forecast
  • Prepare analysis and reporting required by business including MFR’s, QFR’s, OBR’s, forecast bridges, cost down reporting, and various ad hoc and ROIC reporting, etc.
  • Identify risks, opportunities and gaps to forecast and plan. Identify and recommend corrective action plans to mitigate key risks.
  • Streamline the forecast and planning process thorough best practices
  • Manage relevant accounting function / responsibility to ensure compliance with corporate policies
  • Assist and guide direct reports located in their daily work, promoting their professional development as a value-added partner to the business
  • Drive analytic advancements, enhanced financial visibility / insights, reporting standardization and automation across the org.
  • Responsible for financial month-end close process to ensure accuracy of financial data and reports by customer level.
  • Responsible for performing analysis of Estimate and Actual against forecast, including sales, GM% and plant overheads which heavily uses activity-based costing.
  • Perform monthly site spending analysis, identify cost driver, gap analysis, inventory and cost analysis with commentaries to drive towards profit and inventory optimization.
  • Support Head - Finance in coming out with presentations on data and budget to stakeholders.
  • Perform E&O assessment, analyze fluctuation and drive attention for reduction.
  • Responsible for the site's annual budgeting, monthly rolling forecast and monthly financial projection exercise through reviews with business operation and support team on historical business trends and future requirements.
  • Support ad hoc request as and when required.

Educational Qualification

• Master’s degree in Finance or a Professional Qualification (ACCA/ CPA/ ICAEW/ MICPA/ CIMA), LLB candidates are preferable

Specific Certification

1. Chartered Accountant /MBA, LLB

Technical competencies required for the Role

 
• Business Management Software
• Measurement and Analytics
• Finance Technical Knowledge
• Treasury and Cash Management
• Business Partnering
• Risk Management
• Statistical and data modelling for financial planning and forecasting
• Knowledge of economic and market conditions
• Transactional compliances
• Financial Operations background
• Inventory Management, Scrap Management
• Manufacturing Background preferred