Associate Director - Finance - Pharma/FMCG/Manufacturing Firm

Associate Director - Finance

Manage all finance related activities of Unit (like budgeting, reporting, accounting, statutory, etc.) in order to ensure smooth business functioning and adherence to compliances & to partner with site leadership team in fulfilling operational and strategic agenda

1. I. Manage unit finance by preparing unit budget in alignment with Financial plan of Company , reviewing budget Vs. actuals and suggesting corrective action to ensure smooth functioning of business

2. - Prepare annual budget, review variances and recommend corrective measures to Unit

- Conduct Profitability analysis, Variance Analysis, Budget vs. Actual analysis for both opex and capex etc.

- Provide accurate Fact Book and other reporting at plant level and MOR to Central Finance within timelines"

- Capex evaluation, Capitalisation and Post implementation review.

3.II. Streamline and improve existing systems/processes by benchmarking with Industry best practices in order to reduce operating costs

4. - Provide Unit head with analytical and process support for delivery of projects

- Review current practices, process, systems, (like CER, Opex, etc.) to identify and implement time saving

- Identify & drive opportunities to save costs and improve margins.

- Analysis on Inhouse mfg v/s CMO

5. Monitor and maintain all financial systems and processes by ensuring adherence to SOPs and reviewing & improving internal controls to achieve full compliance

6. - Maintain unit level accounts, book keeping etc. , completion of month end entries including provisions, JVs, audit of trial balance, ageing reports, balance sheet reco within timelines

- Monitoring various statutory compliances like TDS, Service Tax, VAT including reconciliation, filing of returns, Tax audits/assessments etc.

- Implement and streamline SOPs for better internal controls

- Maintain Fixed Asset records and periodic reconciliation of physical with register

- Responsible for timely completion of all Statutory, internal and other special audits by providing updated records, SOPs ,clarifications/explanations etc. to audit queries"