Executive - Finance - ICWA

Key Deliverables

1. Financial Accounting- Assist in review and preparation of Monthly Accounts, Inter Company Debit Note Accounting, Review of Accounts & GL analysis, Preparation of Quarterly Schedules etc.

2. Tax related Analysis - Review of C Form compliance and CENVAT compliance report sent by factory team in desired format; Ensure TDS & Reverse Service Tax compliances, Resolve tax related issues if any.

3. Audit Control- Coordinate with audit team for implementation of audit recommendations; Resolve issues if any during implementation.

4. Capex- Managing Capex Finance operations including Negotiation with suppliers, Ordering, Payments, Statutory Compliances, Retention & Advances, Bank Guarantees, LC, Transfer Pricing Regulation etc. Managing Budget tracking.

5.Evaluating financial viability of all Capex proposals.

6. Revenue: Ensure timely payment of all category related payments-contractors, admin, imprest cash, spares. Ensure compliance of company policies with regard to ordering and competitive quotations.

7. Financial & Cost Analysis- Prepare monthly financial reports (e.g. material reports, scrap sales reports, finished goods aging report, sales report SKU wise and COGS); Prepare monthly profit and loss report for category; Assist in MIS on a month on month basis

8. Assistance in Business Planning-Calculate COGS for the coming year based on inputs from procurement & manufacturing team and past performance data; analyzing impact of material & freight inflation, analyzing fixed cost.

9 . Inventory Management-Conduct surprise stock verification audit at CMU/owned unit; Review reconciliation of physical stock with stock records and SAP; review of stock accounting & moving (weighted) average price.

10. Policies and Systems- Review and ensure adherence to company policies and systems

- Implementation of new & improved processes: Assist in implementation of new processes in order to comply the new/upcoming statutory requirements e.g., under Companies Act, 2013, Ind AS, GST etc. or to improve the present systems & processes e.g., improvement in variance accounting process etc