Heading finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control.
Instituting internal control systems viz. Receivables, Payables, Inventory as well as keeping a constant vigil over overhead expenses.
Finance & Accounts:-
Presenting a true & fair view of the financial position of the company by preparing financial statements viz, P&L Account, Balance Sheet and annual reports.
Conceptualizing, implementing and supervising general ledger and financial reporting processes and on time compliance of accounting standards.
Establishing documented systems, policies, desk manuals and procedures in finance and accounts, establishment and implementation of accounting controls.
To provide necessary support & training to Account personal so that they can discharge their responsibility efficiently.
Focus on co-ordination with other Departments for collection of data/information for timely recording of transactions & develop system and processes to eliminate non value added activity and to minimize errors for improving efficiency.
Interfacing with Auditors-Statutory and Internal auditors and providing them with all necessary documents for the audit process.
Regular monitoring of banks, financial institutions, vendors & customers reconciliations.
Review authorization, documentation, control and accounting of Fixed Assets.
To ensure closing of Books of Accounts in timely and effective manner.
Monitor corporate policies & procedures and ensure compliance.
Budgeting & MIS:-
To Prepare & implement budgetary control system in order to control the cost.
To prepare Annual Business Plan & Monthly Targets.
To Ensure adequate & efficient coordination between Marketing & Production dept towards production planning.
Variances analysis report for Actual Vs Budgets & implementing corrective action plans.
Timely & accurate submission of various MIS reports to the management i.e. monthly profitability, preparation of monthly cash flow statement, analysis of production & sales data, product wise costing & profitability, Block details, critical over dues, ratio analysis, CMIS etc.
Financial Control & Fund Management:-
Implementing financial results forecasting system for providing accurate future results projections and budgeting system ensuring timely compilation and presentation of Budgets.
Monitoring cash flows and ensuring that funds are arranged in the most cost effective manner after projecting accurate cash forecast ensuring that there is no shortage of cash in hand.
Preparing working capital monitoring reports for the Banks provisional balance sheets & profit and loss account.
Dealing in Forward Contracts/hedging of foreign currency liabilities arising under import and export contracts.
Dealing with Shipping Lines, Forwarder & clearing Agents for timely execution of clearance of All Imported & Exported material within optimized cost.
Accurate & Timely documentation of all Export & Import documents as per UCP 600, including discounting of export documents, DEPB claims from customs, minimized export discrepancy charges from Issuing Bank.
To optimize Best container stuffing quantity as per Norms along with zero error in dispatches.
Ensuring timely filing of returns such as Direct & Indirect Taxation as per the relevant acts.
Continuous monitoring of statutory payments & taxes, Computation of advance tax.
Preparing the details for computation & filing returns of FBT, e-TDS, Service Tax.
Preparing the details for VAT set off from the input credit and service tax input credit.
Preparation of details for filling tax return of company for the financial year.
Must be a Qualified Charted Accountant (CA).& ICWA
Should have good exposure in Accounts & Finance.
Should have working knowledge in SAP Environment.
Cost Centre Accounting
Profit Centre Accounting
Implementation of FI (GL, AR, AP and Assets) and CO (CCA, CO-PC and CO-PA) module
Environment- SAP ECC 6.0
Business Blue Print Finalization
New functionality testing and mapping
Integration testing and issue resolution
Master data migration from legacy to ECC 6.0
Cutover programs design and testing
Training to super users