Custodian and Implementation of Business Plan: - Observe, monitor and suggest corrective action in respect of achievement of business plan as measured weekly/fortnightly/monthly/quarterly/semiannually/annually - Have complete grasp and control over all the key parameters, achievement of which will directly impact positively the business plan - Define specifications and critical parameters for Business Plan - Define reporting and alerting procedure in case there is any variances to the Business Plan - Work closely with Business/ Department Head to optimize and enhance Business Plan/Targets - Help design, document and maintain system processes to ensure achievement of Business Plan - Regularly/periodically check and evaluate performance of all the Business/ Department Head - Make corrective actions to resolve the variances and ensure achievement of Business Plan - Communicate key insights and findings to Management Budgeting Excellence: - Initiate and drive Annual budgeting exercise to prepare Annual Business Plan and Annual Operating Plan (AOP) and Execute month on month to achieve Business Plan. - Controlling the Budget at micro level with stakeholders. - Preparing short term / long term budgets for all SBUs and departments and design business plans / strategies. - Preparing & implementing management information system, financial policies & standard operating procedures pertaining to business plan - Monitor business growth and revenue as per the Business Plan and Inform Management time to time about Financials results of comparison between business plan vs actual performance, Costing Excellence: - Perform regular cost analysis of RML, BOM items, fuel and other factors effecting pricing of pure lead and lead alloys. - Monitor projected cost vs actual cost and share variance report. - Conduct regular raw materials costing analysis and ensure right inventory in plants as per the inventory guidelines and working capital plan Financial Objective and Planning: - Determining financial objectives of Business Plans - Develop financial and tax strategies to optimize financial resources and contributes in bottom line - Develop performance measures that support the company's strategic direction - Help in planning working capital in such a manner that there should be continues flow of funds to keep business momentum - Identify different cost optimization process and work with cross functional team to increase gross margin of products for to better profitability - Help in pricing of product which should be competitive and give higher gross margin MIS: - Develop and share format for MIS from different Business/Department Heads - Collect and consolidate MIS from different Business/Department Heads - Prepare and present weekly/monthly MIS of the company's key financial and operational metrics. - Provide adhoc financial reports pertaining to business plan, as sought by management for their review. Strategic Financial Planning: - Preparing short term / long term budgets and designing business plans / strategies - Determining financial objectives, preparing & implementing management information system, policies & Standard Operating Procedures (SOP) and reporting variances to facilitate internal financial control Banking /Treasury / Hedging: - Ensure all financial documents related to plants are maintained as per requirement - Sharing financial details related to plants with banks/CFO/Director's for existing or new loans. - Liaising with bank for loan at minimum rate of interest, in the interest of company. Cash flow Management: - Management of Bank relationships - Adherence to organizations Forex hedging policy - Timely availability of funds - Average borrowing cost in line with budget Special projects for funding: - Effective management of insurance - adequate insurance coverage, renewals, claims management - Manage the hedging book for base metals and precious metals for Ardee. - Ensuring the execution of the hedging strategy by way of implementing effective price risk mitigation tools; - Ensure effective communication with internal and external customers providing the best pricing service practices; - Managing and verification of hedging data received from brokers, including trade confirmations, margin statements, positions/ledger statements; Monthly hedging plan preparation? - Position roll-over and clearing operations; - Margin statement and Prompt settlement administration; - Difference account and ledger balance supervision; - Monthly average confirmation with the brokers; - Monthly report provision to financial analysis team; - Miscellaneous reports provision to the Head of Risk Management. Customer pricing supervision; - Submission of hedging operations-related documents for internal approval; Auditing & Taxation: - Drive compliance with internal financial and accounting policies and procedures and ensure that there are no accounting and control weaknesses - Monitor that necessary documents and records are accurately maintained at all locations as per statutory requirement - Preparation of all supporting information for the internal and external audits - Monitor the audit and liaise with auditors to ensure that audits are completed as per schedule and all queries raised are responded to the satisfaction of auditors - Drive and ensure post audit action plans are implemented to address audit observations / non-conformances if any - Ensure ongoing assessment of company risk profile and drive risk mitigation measures - Focus proactively on tax planning activities and ensure timely & accurate filing of statutory returns, replies to statutory authorities and completion of tax assessments Secretarial Functions: - Ensure balanced Board structure, Corporate structure, holding and subsidiary structure like to Change in Shareholding Pattern,Appointment of New Directors, Change in Directorship holding, Investment in Subsidiary - Getting e filling of forms within time, maintaining mandatory statutory registers, charge filling like AOC - 4, MGT - 7, MGT - 8, ADT - 1, MBP -1, CHG -1, 3, E forms - As & When - Ensure filling of various E forms and XBRL filling of statutory audit report,cost audit report & Annual return - Maintaining minutes of the meetings, ensure audit of statutory records, ensuring related party transactions, loan, investment as per Companies Act, 1963 Financial Analysis & Business Performance Improvement: - Prepare and publish monthly MIS of the company's key financial and operational metrics. Provide adhoc financial reports as sought by management for their review - Review and monitor business performance by comparing actual vs. budgeted targets, derive insights - Drive requisite measures to reduce gaps in performance vs. plan to achieve / improve profitability Accountancy: - Supervising the preparation of consolidated accounts - Presenting a true and fair view of the financial position of the company by way of timely preparation of annual reports ensuring analysing the expenditure on a monthly basis - Ensure Implementation of accounting policies and processes in as per generally accepted accounting principles and regulatory requirements - Ensure establishment and monitoring of internal control safeguards - Ensure timely and accurate consolidation of accounts and financial reporting Finance Operations? - Forecast cash flow positions, related borrowing needs, and available funds for investment. - Maintain Banking Relationships and arrange financing and engage in negotiation of interest rates with financial institutions. - Liaison with Senior Officials of Banks, Financial Institutions, Finance Companies, Government officials and managing key relationships. - Arrange for Term Loan and Working Capital Borrowing requirement for the parent company and Group Companies. - Ascertain credit worthiness of customers by checking customer's credit ratings with banks and deciding whether or not to offer the credit. - Ensure FEMA Compliance for ODI (Overseas Direct Investment) through automatic route. - Adherence of SLA - Adhere strictly to the internal customer Service Level Agreements - Ensure all the team members are following SLA (generating and closing requests) religiously - Ensure all internal customer Service Level Agreements are adhered - Ensure all SLA tickets are regularly generated as and when required by the defined SOPs and procedures - Attending all SLA tickets regularly and closing them within the SLA timeline after providing service People Management" - Build harmonious and conducive working environment with zero tolerance for any unethical, indiscipline or unrest in Team - Motivate, monitor and manage team in a high Growth environment - Ensure everybody has defined KRAs and KPIs to provide better role clarity and performance measures - Close monitoring of team performance and pro-actively design to enhance their productivity through Training & development - Instilling company values & behaviors as demonstrated habits

Delhi NCR

Chief Financial Officer 

Chief Financial Officer  ,Job Description for Chief Financial Officer  in Alpha Orion in  Delhi NCR for (13-15) years of experience. Apply Now!

Job Description for Chief Financial Officer  in Alpha Orion in  Delhi NCR for (13-15) years of experience. Apply Now!