Accounting and Auditing:
Heading of Accounting Function and finalization of Financial Statements as per Indian GAAP, IFRS and its reports
Handling of Audit on behalf of JV Partner (Big 4), Statutory Audit, Tax Audit and Internal Audits.
Handling of External Rating and Rating by International Customers/Rating Agencies.
Exercising control on day to day financial matters and costs control of the company.
Management Accounting, Budgeting and Costing:
Margin Management, Product Costing, Computation of Contribution/Margins on Sales in different Markets/Customers and Pricing Decisions.
Exercising Budgetary Controls by preparing Annual, Half yearly, Quarterly and Monthly Budgets and Comparison with Actual.
Capital Budgeting and Comparison of Actual Expenditure with the Budgets.
Treasury, Banking and Finance:
Financing and Management of Working Capital Limits i.e. Cash Credit (CC), Packing Credit, Letter of Credit (LC), Bank Guarantees, Customers Bills Financing, Suppliers Credit Financing and Term Loans from Banks.
Making and submission of Monthly, Quarterly and Half Yearly Monitoring Reports to Banks for availing the Working Capital Limits.
Foreign Exchange Management i.e. Forward Contracts and Derivatives with the Bankers against the proceeds of Export Sales.
Working Capital Management:
Inventory, Debtors, Creditors and Funds Management.
Overall Working Capital Management and Monitoring with respect to the Budgeted Working Capital.
Monitoring of Export Incentives i.e. DEPB and Other Incentives on the Exports.
Making and Vetting of the Agreements with OEMs and suppliers.
Insurances and Risk Management.
Performance Management and Conducting the Board Meeting Presentations.
Handling Secretarial Compliances i.e. maintaining the Minute Books of Board Meeting and Annual General Meetings.
Maintaining all the Registers prescribed under the Companies Law.
Filling and Filing of all the Forms and Returns of the Company on MCA Portal.
Preparation for Taxation Matters i.e. Assessments and Appeals.
VAT Assessments of the Manufacturing Locations.