Regional Head - Finance & Accounts

Job Title Regional Accounts & Finance Head.

Location Nagpur (Maharashtra).

Company : USD 2.8 billion conglomerate, the world leader in machines and engines specially into Earthmoving Equipment, Mining Trucks , Loaders & Dumpers.

JOB DESCRIPTION:

Qualification : CA/ MBA with 10 years plus of experience or CA /CWA with 6 plus yrs of experience.

- Should have worked with a company having minimum annual turnover of Rs 1000 plus Cr.

- Should have minimum of 3 plus years of working experience with SAP.

- Should have good and hands on experience and exposure with MS Excel and PowerPoint.

- Should have good communication and collaboration skills.

- The role holder will be responsible for driving financial and business performance by acting as a trusted advisor for the Business Head.

- The individual will also be responsible for providing financial insight, commentary and advice to the Business Head and team on a regular basis.

- The role holder will be the single point of contact between the Finance and Business and responsible for all related coordination activities.

- Clearly articulate financial implications of business decisions / choices and share detailed insights with functional and business head.

- Partner with Head of the Business Head to align long range plans with the overall business goals and strategies.

- Initiate the development of business plan.

- Drive the annual budgeting exercise for the Business Head with the Business Leaders.

- Participate in tendering and negotiation process of large tenders deals.

- Measure the performance of the large contacts against the budgeted financial and identify opportunities for margin improvement in tandem with business.

- Participate in ongoing commercial discussion with the Vendors.

- Responsible for tracking and supporting for Receivables & Vendor Management, write backs, write offs of bad debts, in coordination with the business.

- Review the inventory and undertake measure to manage optimal levels.

- Work on liquidation/ return of obsolete or non-moving inventory.

- Regularly follow-up with business on collection related issues and drive down AR.

- Ensure timely billing as per the commercial terms.

Risk Identification and Mitigation.

- Responsible for leading the business risk management (BRM) and finance risk management (FRM) and identifying measures for risk mitigation.

- Identify key factors impacting the business performance and share insights with the business head on regular interval.

- Analyze variances and root cause for deviations in performance in consultation with relevant stakeholders.