Department Manager-Finance

Role & responsibilities

1. MIS Preparation

• Prepare FMIS and EBIDTA (at plant level) component level (Capex, AR, AP, Inventory and Other AP/AR) actual Vs budget on monthly basis along with variance analysis, which includes converting basic inputs received from plants team into meaningful information so that analysis will be presented in alignment with objective of reviews.
• Coordinate with PD, CFH, and internal teams to present MIS effectively which includes FMIS at plant level, ensuring query tracking and escalation of all functions as per SOP guidelines.
• Ensure timely submission of all MIS deliverables to management.

2. Account Receivable/Account Payable Management

• Monitor functions to ensure all the basic deliverables of the functions are achieved in timely manner.
• Establish system level improvements including SOPS and automations are carried to improve the efficiency and accuracy level.
• Ensure internal and external reporting are adhered as per the expected requirement.

3. Day-to-Day Management:

• Support MIRO/Account Payable/Account receivable team to resolve their routing issues at functional and technical level.
• Monitor and control so that all the accounting is done in line with applicable accounting standard and internal SOPs/guidelines.
• Ensure all the applicable direct and indirect compliances are built and practice followed in normal process.

4. Budgeting Activity/AOP

• Support and drive the AOP activity independently as per SOP.
• Prepare and consolidate head wise budget in a defined format based on pre-approved copies.
• Co-ordinate with respective stakeholders proactively and by doing the timely escalation so that all the activities are closed as per the timelines of annual operating plan.
• Drive the activities to set the ROCE targets in decided timelines and as per SOPs.
• Support div. manager for final presentation at plant level, BU level, company level to management.

5. Statutory Audit

• Ensure all the audit deliverables are provided as per the requirement and timelines along with audit queries.
• Initiate good accounting practices based on learning and suggestions.

6. System level Improvements:

• Identify and support process and ERP level improvements with objective to improve the efficiency and accuracy.
• Establish and maintain financial controls.

7. Controlling fixed asset accounting i.e., asset booking, retirement, impairment, transfer, Depreciation run, reconciliation activity.

Greenfield Plant set up exposure would be an added advantage.