The incumbent:

- Takes overall responsibility for Finance and Accounts functions including budget control, project finances, working capital management, taxation, treasury and liaison with external agencies.

- Takes responsibility for all major banking and trading transactions.

- Takes overall responsibility for tracking & ensuring optimum utilisation & returns from all financial resources deployed.

- Budget preparation & finalisation.

- Coordinates & ensures all compliance to all statutory requirements.

RESPONSIBILITIES

Strategic :

- Evaluate Business Proposals for the organisation.

- Assists in all corporate and long range financial planning related activities.

- Finalises, recommends & implements the finance & commercial strategy for the organisation.

- Analyses performance of the organisation periodically using financial performance metrics, identifies and reports long-term issues that may impact the organisation.

- Contributes to organisational strategy and budget setting process.

- Drives organisation wide focus on strategic cost management to achieve organisation wide cost reductions.

- Assists in all decision making processes involving changes in laws, statutes, regulations and other norms.

Operational :

- Follow the supply chain cost architecture which is appropriate for the business needs in terms of customer service levels and the vagaries of the business.

- While Operations are running the purchasing, manufacturing, logistics functions in India, ensure desired business coordination with them to get right products at the right time at the right cost.

- Play a lead role in supporting new business opportunities in terms of verticals, evaluating the same and recommending on the chosen opportunities

- To maintain a dialogue with the investment banks and other intermediaries to ensure acquisition opportunities are identified in a controlled way.

- To work with the Group's business units to encourage and support growth opportunities through acquisitions.

- To advise and support with various strategic initiatives on subjects such as restructuring, joint ventures, strategic alliances, out-sourcing, port-folio reviews and ad-hoc valuations etc.

- Design appropriate MIS for review mechanisms.

- Create a suitable infrastructure (own/outsourced) for supporting the business on regulatory issues.

- Set up processes for regular business reviews with R&D/innovations, Operations etc.

- Actively support in managing the performance management systems in terms of target setting by various managers, performance measurement vs targets and reward systems.

Financial :

- Organise MIS on actual P&L vs. budgets along with analysis and insights into reasons for variances over the budgets with an action plan.

- Act as a conscience-keeper of the business by raising flags wherever required, well in advance after setting up appropriate control systems.

- Set up processes for preparation and evaluation of capex proposals.

- Set up appropriate systems for margins management including pricing, purchasing costs, competition monitoring etc.

- Manage interface with corporate treasury/finance to meet both the IMD needs as well as the corporate needs.

- Facilitate appropriate commercial evaluations in varies business areas as required from time to time e.g. make or buy decisions, third party vs own sourcing, vendor development etc.

People :

- Takes responsibility for people development initiatives and building up of in-house capabilities aimed at succession planning.

- Interacts regularly with process heads and other key people to identify and remove any obstacles towards fostering an efficient work pattern.

- Establishes standardised systems and processes for various financial operations and ensures development of standard operating procedures.

- Ensures necessary training & knowledge up gradation of employees.

- Ensures timely PMS implementation adhering to specified procedures.

- Ensures internal customer satisfaction.

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