Assistant Vice President - Finance Controller/Treasury - Manufacturing - CA

Opportunity with a leading Manufacturing Company Headquartered & Based in Pune.

Position Title: Finance Controller incl Treasury

Location: Pune

Department: Finance

Reporting to: Director Finance & CFO

Reportees: 6

Age: Up to 40

Qualification: CA

Industry: Manufacturing

Experience:-

Technical: 

- Should have 8 to 10 years of work experience with the manufacturing industry. Experience on SAP module is must.

- Experience of dealing managing the whole gamut Treasury and Finance

Managerial: 

- At least 3 years of managerial experience in team management.

Role Description:-

Managing Finance and Accounts:

- Monitoring closing of financials and preparing long term / short term projections for the Company

- Preparation of Annual Budgets

- Directional approach to the team for the overall management of accounts and managing AR/ AP areas.

Managing Funding for Capex and Working capital :

- The incumbent should have managed Fund based and Non-Fund based limit minimum in excess of Rs 400 crores and also managed Long term project funding in excess of Rs 500 crores.

- Must have managed consortium and multiple banking with different banks including Private and nationalized banks.

- Single handedly managing preparation of capex funding proposal basis the approved capex / project plan.

- Preparation and submission of CMA Report for yearly renewal of working capital facility.

- Liaisoning with banks for credit assessment, negotiation and obtaining approval for funding / renewal.

- Optimization of cost of borrowing - Term loans and working capital.

- Overseeing documentation as required for disbursement / drawdown.

- Opening of new lines of credit with banks/NBFC forex management/Effective handling of forex to minimize loses.

Cash Flow and Banking operation :

- Preparation of Annual, Monthly and Weekly cashflow forecast

- Managing day to day bank operation

- Tracking, Monitoring and reporting of actual vs. forecast

- Follow up for Export Collection

- Follow up for domestic collection

- Monitor Export Packing Credit - availment and liquidation

- Submission and reconciliation of Export and Import Documents to Bank

- Day to day interaction with bankers

- Managing of bank operation of overseas units

- Timely Bank reconciliation and Interest reconciliation - including completion of all reconciliation entries

- All bank documentation as may be required for RBI and FEMA compliances

- Periodic reporting to Banks

- Managing exchange risk through forward cover

- MIS relating to treasury operation

Other Activities :

- Reconciliation of Government receivables

- To handle Statutory Audits

- To look after activities related to Overseas units

- Managing rating with crisil/ICRA & other

- Ensuring improvement in ratings

Key Result Area :

Quantitative: 

- Sourcing / Providing funding for expansion and working capital on time

- Optimization of cost of borrowing.

- Efficient cashflow management.

- Should achieve pre-defined timelines for closure and reporting with accuracy.

Qualitative: Eye for details and good grasp on numbers

Job specification:-

Job knowledge: 

- Knowledge and actual working experience on IGAAP and Accounting standards.

- Knowledge and actual working experience on Treasury functions

- Experienced in working with Bankers

- Proficient in SAP and Excel.

- Drive automation and efficiency enhancement.

Additional:-

Attributes: 

1. Self-motivated, thinker, takes initiative and responsibility.

2. Pro-active, time-line driven delivery.

3. Analytical and problem-solving skills.

4. Leadership and relationship management skills.

5. Communication - above average.

6. Good Commercial acumen.