Financial Controller - CA - Food

Position Description-

The broad objectives of this position are:

- To ensure financial & commercial controls at all the manufacturing units - Seasoning business, and monthly reporting against Annual Operating Plan (AOP).

- To Lead the banking & treasury function in the Company so that cash flow/fund flow is managed optimally, establish & strengthen relationships with bankers, Cheaper funds are obtained to meet the growing business needs of the Company

- Defining and implementing guidelines to protect the financial position of the company, strengthen controls and minimize business risks. This also includes building up relationship with toll manufacturers/vendors/service providers, handling different types of audits (Excise, VAT, statutory, tax, internal etc).

- Perform the role of a business partner with special emphasis on superior cost management, working capital management (especially w.r.t. inventory, debtors and creditors), freight & warehousing cost management, and statutory compliances

Job Summary-

- Lead AOP exercise for the Seasoning division of the Company

- Monthly/Quarterly Financial Analysis & Business commentary

- To lead in all finance/commercial matters of Seasoning units / plants

- Evaluation, monitoring and control over the overall cost of production with specific attention to Gross Margin, Factory Costs and Overheads, and pricing of the products

- Reporting to Investors, meeting data needs of the Senior Management related to Seasoning Business

- To build and/or strengthen relationships with existing & new bankers, submit data,information/projections etc to bankers, rating agencies etc; reduce the cost of Capital

- To lead the taxation function of the Company, liaise with consultants, get the assessments completed in a timely manner

- To initiate Cost reduction measures and periodic review & reporting

- Inter divisional accounting and lead the consolidation of financials at legal entity level

- Maintenance of Fixed Asset Register (FAR), review of Capital WIP, Capitalization of assets

- Working Capital management

- To lead the physical verification of inventory and assets exercise periodically, reconciliation

- To ensure that the Financial Authority Matrix is adhered

- Accounting Process documentation and designing process flow charts, and effective use of ERP from the perspective of establishing superior internal financial controls

- Timely closure of the agreed action points emerging from various audits.

- Interact with cross functional teams to provide consultative support to planning initiatives through financial and management information analyses, monthly results, documents review, reports and recommendations.

Candidate Profile :

- Qualification-CA (with manufacturing sector background) (Passed in 1st /2nd attempt)

- Additional qualification of ICWAI is desirable

- Previous Experience - (Post qualification relevant experience) Minimum: minimum 9-10 years