General Manager - Finance - Manufacturing

This opportunity is with a manufacturing company based out of Kochi.

Role and responsibilities :

- To be responsible for the financial health of the organization.

- To produce Financials Statements Balance Sheet and Profit Loss Account, Variance Analysis

- To drive key business KRAs and understand the pulse of business

- To prepare MIS reports and regularize the monthly bookkeeping activities.

- To Manage Statutory Audit, Tax Audit, Management Audit

- To ensure timely filing of returns such as TDS, GST, and Income Tax as per the relevant acts.

- To manage the accounts payable process including reviewing vendor agreements, vendor invoicing, payments, taxes as applicable, improving the AP workflow

- To manage accounts receivable process including reviewing contracts, customer billing, and collections.

- Dealing with Banks and Financial Institution for day-to-day matters besides providing all necessary support with the preparation of documents pertaining to all short-term and long-term credit facilities.

- Responsible for efficient Forex Management

- Preparation of cash flow forecasts to estimate medium and long-term funds position.

- Introduce Price Corrections; monthly Benchmarking with competition on pricing

- Ensure confidentiality and integrity of financial information by establishing strong internal process controls

- Participate in the ongoing development/ establishment of accounting policies, procedures and SOPs including the review and implementation of process and system changes.

- Preparation of Monthly Product and Divisional Profitability for strategic and tactical decisions.

- Comparing standard cost with actual cost and reporting variance to the management.

- Preparation of annual budget, working with department heads to review historical activities, trends, and future obligations. Expense and Capex planning.

- Perform comprehensive variance analysis and determine root cause for each significant variance

- Calculating Pay Back, ROI, and Cost Saving of various Capex projects.

- Providing necessary inputs to management for cost control and cost reduction.

- Analysis of Inventory - RM, WIP, FG & highlight Non-Moving & Slow-Moving item to Management for proper action.

- Conducting Regular Physical Stock audit, yield Study, revision of BOM, and Routing & update in ERP.

- Establish and maintain financial policies and procedures for Eastern Treads.

- Understand and adhere to financial regulations and legislation.