A) Company Budget & Fund Management

- Work with different teams to create the company's yearly budget and business plan.

- Review and analyze fund requirements and banking needs.

- Create a plan for how company funds will be allocated and used, and communicate it to all teams.

- Continuously monitor working capital, fund usage, fund needs, and returns on capital.

B) Lead Finance Function & Ensure Timely Accounting

- Set up and regularly review key finance processes and internal controls.

- Supervise treasury, accounting, and internal audit activities, and take corrective steps when needed.

- Ensure accurate and timely accounting across all plants.

- Ensure funds are released on time.

- Maintain proper MIS reports.

- Oversee banking activities such as negotiations, deals, and resolving issues, in coordination with the group finance team.

C) Ensure Timely Reporting

- Compare actual performance with the budget and report differences.

- Oversee month-end reporting.

- Review periodic reports for cost management projects and initiatives.

- Manage year-end audits and ensure all required information is provided.

D) Costing Function

- Provide costing and MIS-related inputs to business teams.

- Coordinate with Marketing and Product Development for costing needs.

- Track product-wise cost and profitability.

E) Cost Allocation & Budget Control

- Prepare, distribute, and monitor allocation of funds.

- Share reports that validate and control budget allocations.

- Ensure audit reports cover all transactions under budget control.

- Prepare alerts for budget exceptions and how they were resolved.

- Monitor costs at a high level.

- Advise different departments on cost control and optimization through data analysis.

F) Regulatory Compliance & Financial Reporting

- Ensure compliance with all legal, regulatory, and secretarial requirements to reduce company risks.

- Ensure timely and accurate submission of financial statements.

- Oversee reports related to treasury, capital expenses, operating expenses, and variances.

- Ensure accurate preparation of financial statements such as balance sheet, P&L, and annual reports.

G) Financial Controlling

- Monitor daily, weekly, and monthly inflows and outflows of funds.

- Ensure timely collection of receivables and avoid unnecessary delays in payments.

- Set up, check, and enforce internal financial controls.

- Guide financial actions by implementing and enforcing finance policies and procedures.

H) Risk Management

- Ensure the company follows its risk management framework covering external, operational, financial, and regulatory risks.