Strategic, Planning and Analysis:
Participating in the strategy formulation, ensuring adherence to top lines / bottom line targets of the group.
Developing and implementing business plans, budgets and strategies.
Update on key factors influencing companys performance, forecasting, Monthly MIS reporting to Management Team.
Feedback on the GAP analysis and the suggestions on the measures to be taken to bridge the negative gaps
Treasury & Corporate Finance:
Participate in meetings and discussions with lenders, develop and maintain excellent relationship with all lenders including banks and financial institutions.
Working capital management including arrangement/negotiation with banks / FI to optimize financial cost for the group. Exposure to various means of raising finances, both in India and abroad.
Preparation of Business modeling, CMA Data, reviewing for lenders, investor and presenting to Top management.
Submission of Monthly/Half yearly/ quarterly reports to lenders i.e. FFR I & II, MSOD etc., arranging various meeting, preparation/reviewing presentation for the meetings.
Monitoring of documentation of export & import transaction & all inward & outward remittance, issuance of Letter of Credit and Bank Guarantee, arranging buyers credit, vendor financing on very competitive rates.
Setting up of finance value chain parallel to Supply value chain to ensure seamless operating cycle and optimum utilization of working capital.
Overseeing project financing activities entailing designing, implementing, measuring and monitoring policies and procedures for Project Accounting and Controls.
Draw up and critically analyze cash flow forecasts, monitoring of day to day transaction of treasury transaction including funds movements.
Finalising the Investment decisions of the Company by choosing the right product like mutual funds, tax free bonds, Fixed Deposit etc. Considering the liquidity position and optimizing returns.
Institute a Risk and Forex policy framework for the group and govern the FX transactions to ensure minimal exposure and optimal cost benefit scenarios for all FX transactions
Liaison with the credit rating agencies for better credit perception and rating for The Group.
Liaison with Internal/Statutory and concurrent auditors.
Accounts and Audit:
Preparation, consolidation and finalization of books of accounts considering Accounting Standard, Indian GAP, Guidance Note
Day to day routing accounting, monthly reconciliation, monthly financial etc.
Dealing with statutory and internal auditor and resolving queries to their satisfaction level
Budgeting, Costing & MIS:
Management dashboard comprising of various key information i.e. Top line and Bottom line projected v/s actual reason for variance.
Cash flow reporting comprising of projected cash flow, variance analysis projected v/s actual.
Inventory and debtors level, steps to control the same.
Borrowings level and weighted average cost of capital.
Various management information reports required time to time.
Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
Preparing cost sheets giving product wise contribution, break-even levels and profitability on full absorption basis to facilitate effective decision. Conducting Product Costing based on Latest Purchase Price, monthly Billing and Product wise Gross Margin Report, Monthly Insurance Statement, Cost Audit etc.
Transfer pricing related matter.
Taxation /Legal Secretarial and Statutory Compliance:
Compliance of all Indirect and Direct Taxation Income Tax, Excise, Customs, Service Tax, VAT, CST etc.
Timely filing of TDS, VAT, Excise Duty, Service Tax and filing of various Forms, Returns etc.
Overall supervision for claiming refund, rebate of Excise Duty for Exports
Monitoring of Trademark & copy right related matters.
Controlling Activity including managing Insurance portfolio:
supervision of Export documentation, export scheme such as EPCG scheme and monitoring of export incentive schemes such as DEPB, Advance License, DFRC, Special Import License, getting export House Status
Custom Port for import of capital item, import of raw material etc.
Negotiation with vendors, increasing operating cycle and reducing cost
Setting up process and continuous monitoring of Inventory and debtors level
Supervision and controlling of all commercial activity including helping to business team for finance related matter
Monitoring insurance portfolio for entire group, ensuring timely renewal of all policies, increase coverage with reduced cost, effectively managing claims and its documentation.