Advance Group - Manager/Senior Manager - Finance

About the company:

Advance Group of Companies is a diversified corporate enterprise with operations ranging from manufacture of Surfactants with state of the art process technologies, consultancy in environment and mine designing, surfactants based speciality chemicals and contract manufacturing for home & personal care brands.

Leading in technology innovation, quality and customer service, the Advance Group, which is recognised primarily for its core business of surfactants for detergent industry, has taken giant leaps during last few years to emerge as Asia's largest manufacturer of surfactants.

Advance Group is the largest Sulphonator in the country with an installed capacity in excess of 1, 65, 000 TPA at six locations Silvassa, Roorkee, Mangalore, Pondicherry, Bhiwadi and Kolkata to cater to every region in the country. The Group is also coming up with some new projects outside India.

Advance Group has a strong team of 500+ dedicated professional delivering high quality service to its clients 24x7.

Lines of business:

- Surfactants

- Speciality Chemicals Business

- Consultancy

- Entertainment

- Contract Manufacturing

Company URL: www.advanceindia.com

Qualifications: CA / MBA

Key Responsibilities:

Funds Management

- Forecast cash flow positions, related borrowing needs, and available funds for investment;

- Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements

- Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions

- Maintain banking relationships and to liaise with different banks & FIs for timely procurement of capital and capital required for business expansion.

- To advice the management on the selection of banks & instruments for arranging funds for the business activities

- Assist in determining the company's proper capital structure

- Arrange for equity and debt financing

- Invest funds

Budgeting

- Manage the preparation of the company's budget

- Report to management on variances from the established budget, and the reasons for those variances

- Assist management in the formulation of its overall strategic direction.

Financial Analysis

- Engage in ongoing cost reduction analyses in all areas of the company;

- Engage in benchmarking studies to establish areas of potential operational improvement;

- Interpret the company's financial results to management and recommend improvement activities;

- Review company bottlenecks and recommend changes to improve the overall level of company throughput;

- Compile key business metrics and report on them to management;

- Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis;

- Create additional analyses and reports as requested by management;

- Implement of long-term financial plans to achieve company's objectives;

- To ensure timely closing of books, planning deadlines and report requirements

- To evaluate continuously the economic and social factors and Govt. policies and interpret their effects upon the company's financial performance.

Skills & Attributes:

- Strong experience in income statement analysis.

- Advanced Excel skills, ability to work with lookups and pivot tables.

- Proficiency in Microsoft Word, Outlook and PowerPoint.

- A successful track record in setting priorities; keen analytic, organization and problem solving skills which support and enable sound decision making.

- Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders.

- Have a flare for numbers,

- Work well with people,

- Aggressively anticipate impacts of workload/issues to team deadlines and have a very positive work attitude

- Willing to work some longer hours during peak periods.

- Self-motivated to learn new concepts and participate in new projects

- A multi-tasker with the ability to wear many hats in a fast-paced environment

- Personal qualities of integrity, credibility, and dedication to the mission of the company.