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21/01 Aditya Modi
Owner at Transcend HR Solutions

Views:5965 Applications:128 Rec. Actions:Recruiter Actions:2

Financial Manager - Food Processing (4-8 yrs)

Mumbai Job Code: 414899

Job Description:

Reporting to - Firm Line CFO; dotted line to Food Service - Business Head

Department - Finance & Accounts

Location - Andheri, Mumbai

Position Description

The broad objectives of this position are:

- To handle the financial analysis and reporting against Annual Operating Plan (AOP) of the Food Co (FC) division of the Company.

- Defining and implementing guidelines to protect the financial position of the company, strengthen controls and minimize risks. This also includes building up relationship with toll manufacturers, developing financial projections with a view to seek funding from investors/banks etc,handling different types of audits(statutory, tax, internal etc).

- Perform the role of a business partner

Job Summary:

- Lead AOP exercise, Monthly/quarterly reviews, Financial Analysis & business Commentary

- To handle 3rd party job work related finance/commercial matters

- Evaluation, Monitoring and control over the cost of production and pricing of the products

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

- Cost reduction initiatives and review at the legal entity level

- Projections, funding options, new investor, new bankers, banking relationship at Mumbai

- To liaise with various consultants, tax experts, advocates

- Inter divisional accounting and consolidation of financials at entity level

- Cost sharing, cost allocation between group companies, TP - control, Intra group transactions

- Designing Policies, procedures, SOPs for finance/accounting operations at plant, job worker locations

- Working Capital control including inventory and cash flow of FC division

- Evaluation of different and newer business models from various operational, logistics, accounting, tax angles

- Financial Authority Matrix adherence and review

- Accounting Process documentation and designing process flow charts and effective use of ERP.

- To ensure all internal, management, tax and statutory audits are implemented without any adverse remarks/qualifications and if any adverse remarks/qualifications are expected due to reasons beyond self-control bring such circumstances/events to the notice of CFO well in time so that appropriate action can be taken in advance.

- Sensitize management in good time, on possible financial risks and work together to mitigate the same.

- 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.

- Assist CFO in handling tax assessments with the help of tax advisors

- Provide day to day managerial support to F&A team members.

Candidate Profile-

Qualification B. Com with CA (with Manufacturing sector background)

Previous Experience (Post qualification relevant experience)

Minimum: 4 years, Maximum: 7-8 years

Personal Attributes-

- Execution ability

- Process Driven and Systems Oriented

- Ability to withstand pressure

- Achievement orientation

- High energy levels

- Business partnering skills/collaborative style

- Good communication skill

- Influencing skill

- Ability to manage complexities

Other Job Specific Skills:

(i.e. Specific Accreditation, Computer Skills, Additional position or function specific training, etc.)

- Computer literate with working knowledge of any ERP

- MS Excel& Power point - Expert knowledge

- Good understanding of robust controls and the principles that underpin an effective control environment.

- Must Have- functional competencies - Handling auditors, bankers, investors, dealing with senior leaders in the Company

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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