K S Bakers - Assistant General Manager - Finance & Accounts

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, 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 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 RD/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 PL 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.

- Facilitate appropriate commercial evaluations in varies business areas as required from time to time e. 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 internal customer satisfaction.

Requirements:

- Must have at least 10 years' experience in Finance with at least 5 years managing financial reporting and forecasting at a senior level.

- Must be CA or ICWA.

- Proven track record in Financial Accounting, Financial Modelling, Forecasting, Budgeting, Analysis and Reporting.

- Proven experience developing and executing business strategies.

- Proven experience coordinating resources, third parties-providers and auditors.

- Must have advanced excel skills and knowledge.

- Experience with gofrugal or similar software is advantageous.