Finance Manager

• Oversee financial planning, budgeting, and forecasting.
• Oversee and manage financial statements, including P&L, balance sheet, and cash flow.
• Prepare monthly, quarterly, and annual financial reports.
• Ensure timely and accurate financial closing and reporting.
• Optimize banking relationships and oversee loan/credit facilities.
• Analyse financial data to support decision-making and business strategy.
• Develop strategies for cost reduction and profit maximization.

• Develop and monitor annual budgets and forecasts.
• Conduct variance analysis and recommend corrective actions.
• Work closely with other departments to align financial plans with business objectives.

• Monitor product costing, raw material costs, and overheads.
• Evaluate and optimize cost structures and improve cost efficiency.
• Conduct profitability analysis by product, plant, and division.
• Ensure competitive pricing strategies through cost assessment.

• Ensure compliance with GST, Income Tax, TDS, and other statutory regulations.
• Manage & liaise with auditors, tax consultants, and regulatory authorities.
• Oversee tax planning and filing of returns.
• Ensure compliance with accounting standards (IND AS, IFRS).
• Implement internal financial controls and SOPs.

• Implement and monitor internal financial controls.
• Ensure adherence to corporate governance and risk management policies.
• Conduct internal audits and risk assessments to mitigate financial risks.

• Monitor and manage cash flow to ensure liquidity.
• Oversee accounts receivable, payable, and inventory management.
• Optimize working capital and manage banking relationships.

• Provide financial insights to support strategic business decisions.
• Evaluate investment proposals, CAPEX decisions, and cost-saving initiatives.
• Support pricing strategies and contract negotiations.

• Monitor inventory levels and working capital optimization.
• Ensure efficient procurement and inventory cost control.
• Implement inventory valuation and stock reconciliation processes.
• Work with store managers to reduce wastage and pilferage.

• Coordinate with dispatch teams to ensure timely delivery of finished goods.
• Optimize transportation costs and improve supply chain efficiency.
• Monitor logistics expenses and ensure cost-effective distribution.
• Implement controls to track goods movement and invoicing accuracy.

• Provide financial insights for pricing strategies and discount approvals.
• Analyse customer profitability and sales margins.
• Ensure credit control policies for receivables and debt collection.
• Monitor revenue performance and align with business targets.
• Support sales teams with financial reports and sales trend analysis.

• Oversee forex management and currency risk mitigation.
• Ensure compliance with export/import regulations and documentation.
• Manage LC (Letter of Credit), bank guarantees, and international payments.
• Optimize duty drawbacks, export incentives, and custom clearances.
• Coordinate with logistics and supply chain teams for smooth international trade operations.

• Approve procurement budgets and supplier payments.
• Ensure cost-effective purchasing decisions and supplier negotiations.
• Monitor vendor contracts and credit terms.
• Implement financial controls to prevent over-purchasing or fraud.
• Evaluate supplier financial health and pricing competitiveness.

• Ensure efficient use of ERP systems for financial transactions.
• Drive automation and digitization of financial processes.
• Improve reporting and analytics through ERP tools.

• Chartered Accountant (CA) / MBA - Finance is preferred.
• 8-10 years of post-qualification experience in financial management, preferably in a manufacturing company.
• Strong knowledge of financial accounting, taxation, and cost management.
• Expertise in financial planning, budgeting, and forecasting.
• Experience with ERP systems (Microsoft Dynamics Business Central 365, Microsoft Dynamics Navision, etc.).
• Excellent analytical, problem-solving, and leadership skills.
• Strong understanding of compliance and regulatory frameworks.
• Ability to work collaboratively with cross-functional teams.

Key Performance Indicators (KPIs):

• Accuracy and timeliness of financial reporting.
• Cost reduction and profitability improvement.
• Compliance with statutory and internal audits.
• Efficiency in working capital and inventory management.
• Sales margin and credit risk management.
• EXIM compliance and cost efficiency in international transactions.