Description
Finance & Commercial Head Ensure alignment of financial budget with business strategy and participate in working towards achieving the goals of the business within the allocated budget Ensure preparation and dissemination of the organizations budget control report that requires continuous comparison of actual performance with predicted budgetary performance. Perform various financial and budget analysis in the areas of profit planning, capital expenditures, cash flow, budgeting, company performance and competitor performance for use by the business. Experience in financial due diligence for capacity expansions and New Projects and statutory compliance of all systems, processes & accounting practices. Establish guidelines for and ensure debtor and creditor controls in line with the business strategy. Take the lead in working capital management of the business. Make and analyse product wise contribution margins. Monitor Key financial, operational ratios Monitor cost centres and profit centres (Branch profitability etc.) Functional Expertise in Finance & Accounts: Cash flow budget/actual daily discussion Daily monitoring of forex /bank position Disbursements- both companies Fund flow statements- projection/actual monthly. Creditors /debtors- review & discussion with marketing /purchases Monitoring of credit days norms debtors/creditors Preparing, Monitroing and Controlling, Process costing, Costing MIS Credit Control Compliances Rebate/sales tax refund review- factory/ho. Expenses bills approval for payment ho. Statutory payments allocation/approval online tds/st/duty/eb etc. Tax planning- advance tax payments Co-ordination in preparation of Final Balance Sheet Co-ordination with Accounts Head to prepare final Income Tax Assessment and Tax Planning Assessment. Compliance with indirect taxes Liaisoning and arranging/raising working capital & term loan from Banks and Financial Institutions. Thorough knowledge of SAP required with implementation experience.
Source link
