Finance Control Manager

Role & responsibilities

Working Capital, Legal, Credit Policy & Reconciliations Abstract, Debtors and
Retention:
1. Monitor Overdues, Uncertified Abstract and Retention dues against action plan to ensure continuous reduction. Lead the review meeting discussion with the Vice President / GM and Project Finance tag to deliver results.
2. Implement Commercial and other Policy across the business. Highlight gaps in process and policies implementation
3. Discuss and finalise the monthly target of the Business team. Monitor performance against the same to take suitable actions.
4. Drive Collections in the regions. Visit and follow up with customer when required, ensure timely reconcilations of books.
5. Supervise the collections by the Debt recovery team against targets. Maintain all documentary support for all sticky Receivables for possible legal actions. Send Dunning letters to customers in consultation with VP / MD.
6. Monitor legal case closely in consultation with legal expert. Profitability (Material, Labour & Inventory)
1. Monitor and report business performance against identified key drivers and highlight deviations wherever necessary.
2. Compare Work order performance - Project wise / Segment wise / Size wise / Product wise. Compare performance against target to understand variances.
3. Drive the identified Key Initiatives across the business. Work with management on key priorities and ensure delivery of same with the project team.
4. Monitor slow moving inventory and discuss and agree on actions plan for reduction by SC.
5. Monthly tracking and monitoring of actual Material, Labour and Other expenses against budget and variance analysis. Account Payable ( Vouchers, Vendor Invoices)
1. Drive cost saving opportunities in discussion with local team/ HO team
2. Ensure Entire account payable of the branch, timely accounting , advance reconciliation, timely payouts to vendor and employees as per SOP. Audits, Taxation & Others:
1. To carry out review of statutory compliances for all locations. (alongwith Taxation).
2. To reply SCNs, prepare appeals and appear for PH including representations before authorities/Associations. (alongwith Taxation)
3. Any other task assigned by the reporting manager