Chief Financial Officer - CA - Manufacturing

Role: Chief Finance Officer

Location: Mumbai

Experience: 14 to 18 years of Experience.

Industry: Manufacturing

Qualification: CA with SAP knowledge

Role Brief:

Expenses :

- Anchor the process of business planning and creating realistic budgets for all divisions with an objective of limiting expenditure to a percentage of Sales

- Prepare norms of allocation of expenses across divisions

- Direct the resources to identify areas of excess expenditure and suggest means of controlling them

Inventory :

- Direct the resources for monitoring stock levels against set norms and identify means of reducing the same

Raw Material consumption

- Direct the resources responsible for identifying areas of raw material loss [Gold, Platinum and Diamond Breakage] against target and identify means of reducing the same

Debtors :

- Direct resources to conduct ledger reconciliation and resolve any issue with customer pertaining to payments

- Identify sticky debts and plan with respective business heads to mitigate them

Interest Cost :

- Reduce interest cost by reducing working capital requirement by reducing expenses and by negotiating lower capital cost with banks

Compliance :

- Lead the process of all statutory, banking, tax and other audits as required by statutory or other provisions

Treasury :

- Minimize Forex losses through effective market study and predictions

Other finance :

- Bank reconciliation

- Petty cash

- Salary, advance, loan disbursement, etc

- Managing the finance & production accounts team