Strategic Financial Planning

- Evaluating business plans and strategies for maximizing profitability, revenue generation & realize organizational goals, Risk analysis for business, management discussion and analysis, financial presentations.

- Managing finance functions like determining financial objectives, designing & implementing systems, policies and procedures to facilitate internal financial controls.

Finance & Audit

- Instrumental in exercising strict budgetary controls over expenditure incurred and detailing the explanation of the expenditure variance reports (Actual vs. Budgeted Expenses) and thus facilitating the decision-making process

- Advise and supervise finance functions including determining financial objectives, designing and implementing Systems, Policies & Procedures to facilitate internal financial control

- Play pivotal role in evaluation of financial position of the organization by computation of relevant ratios and capitalization of assets for daily operations

- Key role in acquisitions, mergers take-over and joint ventures

- Performing analytical review of financial statements, Fund raising, Working capital management.

- Coordinate with Internal and Statutory Auditors for conducting periodic audits; evaluate Internal Control Systems to identify the flaws and implement necessary processes to overcome the defects in the existing system

Taxation / Statutory Compliance

- Tax planning, Interfacing with taxation authorities for timely filing of TDS, GST and income tax assessments and filing of various forms, returns etc. required under various statutes.

- Ensuring adherence to Companies Act and preparation of annual returns & forms. Ensuring regulatory compliances, payments of license fee, revenue share,GST, withholding taxes etc.

- Handling finalization of annual statement of accounts

Fund Sourcing & Budgetary Control

- Liaising and negotiating with banks for raising fund and non-fund based facilities to finance capacity expansion projects, working capital.

- Co-ordination with of Banks, Financial Institutions on matters of Corporate Finance, Working Capital Requirements, Term Loans and L/C matters, Lease and Hire Purchase Finance, Bank Guarantee Limits

- Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.

- Meticulously scrutinize projects to determine the financial benefits/ implications attached and examined the financial viability of project proposals to select profitable ones

- Review business proposals and forward it to financial institutions for procuring funds in cost effective manner

- Negotiate/ liaise with the banks & financial institutions for raising fund and non-fund based facilities at favorable terms to meet working capital requirements

MIS:

- Supervising the preparation of MIS reports on financial performance viz., preparation of Monthly Profitability Statements - Income / Expenses, product-wise sales analysis, revenue expenses - comparative analysis, debtor/creditor ageing analysis, formulating operating budgets and conducting variance analysis & cash flow analysis.

- Monitoring the movement of key business indicators and facilitate decision-making process.

- Preparing financial reports to determine the financial viability, projecting cash flow and growth opportunities while preparing projected financial statements.

- Reconciliation of Inventory, Purchase and Sales

This is a broader scope of work, however, the Investors & Directors reserves the right to add, change, alter and reassign any other area of work to you, according to the needs and exigencies of work.

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