Plant Financial Controller - Auto

(1)Good working knowledge in ERP (SAP) and Reporting Tool (Hyperion HFM).

(2)Extensive experience in Analysis & Financial Reporting, Accounts, Financial Processes, Controlling,Taxation, Auditing and MIS Reporting.

(3)Monitoring Vendor reconciliation

(4)Handling Service tax and Central Excise, VAT and Income Tax matters including foreign taxation and transfer pricing.

1) Accounting and monthly reporting.

a) Good exposer over Indian Accounting standards and basic knowledge on IFRS on certain points.

b) Strong concept over cost element and cost center accounting.

c) Developing tools and systems to provide financial and operational information to the Management.

d) Periodical MIS on product line profitability analysis.

e) Periodical reports like cash flow, AR, AP and Capex Investment.

f) Other adhoch and on demand reports to management.

2) Costing and controlling.

a) Product Costing & Pricing.

b) Oversees long-term budgetary planning and cost management in alignment with Company strategic plan.

c) Assesses organizational performance against annual budget and long-term strategy goals.

d) Ensures that appropriate controls and financial procedures are in place across the Company and consistently enforced and that all financial functions are performed in compliance with current legal and regulatory guidelines.

3) Budgeting & Forecasting.

a) Oversees long-term budgetary planning and cost management in alignment with Company strategic plan.

b) Prepared comprehensive analysis reports showing comparison between actual & budget and variance analysis and deviation report to management.

c) Check budgeting and accounting reports for maintaining expenditure control.

d) Analyses budget requests and allocate funds based on the requirement.

e) Budget Forecast and review.

4) Experience in manufacture cum wholesale and retailing.

a) Experience in business process of textile and Automotive Industry.

b) Exposer in finalizing contract with Suppliers, Customers & various Service Providers.

c) Exposer in Retail store profitability analysis, store setup and store mgt. etc.

d) Exposer in regional profitability analysis for investment in new regions / territories.

5) Company Secretarial work.

a) Compliance relating to the ROC / MCA requirement.

b) Compliance relating to the RBI requirement.

c) Others compliance relating to the Ministry of Statistical, FIPB, MEPZ etc.

6) Treasury handling including Forex transactions.

a) Cash flow analysis.

b) Forex Payments and related statutory compliance.

c) Setting up of bank guarantees and Letter of Credit, Bills Discounting etc.

d) Liaison with banks for fund and other facility arrangements.

e) Exposer on availing External Commercial Borrowing.

7) Auditing.

a) Statutory audit as per the IGAP requirement.

b) Internal audit as per management requirement.

c) Group audit as per the stake holder's requirement.

d) Tax audit under section 44A.

e) Transfer Price audit under section 92.

f) Excise Audit

8) Direct and Indirect Taxes.

a) Income Tax - Timely completion of Tax Audit, Filing of annual return, computation & remittance of advance tax & completion of tax assessment with hearings and appeals.

b) TDS / TCS (Withholding Tax) - Accurate deduction, timely payment & return filing and issuing various forms for different deductee.

c) Transfer Pricing - Timely completion TP Audit, filing of annual return, collection and maintenance of related documents and completion assessment with hearing and appeals.

d) Excise Duty - Accurate collection, availment, utilization and timely payment of duty. Filing of timely returns and submitting required documents as and when required.

e) Service Tax - Availment, utilization and timely payment of tax. Filing of timely returns.

f) Customs Duty - Timely payment on Import and availment of duty credit, submission of Bill of entries, submission of Bank guarantee for export duty payment for clearance under bond.

g) SVB Assessment - submission of documents and attending hearings and coordinating with forwarding agent for duty refund.

h) Sales Tax - CST, TNVAT/MVAT & WCT - accurate collection, credit availment & utilization and timely payment & return filing. Issuance of forms and completion of assessment with hearing.

9) Insurance and Legal activities.

a) Reviewing and renewing the status of various policies.

b) Coordinating with the consultant in quote comparison and premium payment.

c) Coordinating with lawyers on various disputed cases like, issuance of legal notice to defaulting customer, notice to default suppliers, etc- ..

10) Payroll management :-

a) Supervisory responsibilities include payroll check and personal tax computation.

b) Monitoring of PF, Gratuity, Leave Encashment and superannuation trusts contribution.

c) Employee reimbursement process.

d) Statutory compliances relating to payroll.

11) Administrative Management :-

a) Oversees directly the Finance & Account team and managing work allocation.

b) Training, problem resolution, and performance evaluation.

12) Special Knowledge Area:-

SAP Implementation:

1. FICO module related requirement

2. Knowledge over SD, MM & PP Module

3. Process Flow Gap Analysis with Accenture (Triumph) / ATOS (Yapp).

4. Post Implementation Data Migration and reconciliation work.

5. Data posting and transaction validating.

6. Parallel Processing and system test.

Role Reports to : Regional Financial Controller

Compulsory Knowledge : FICO SAP