Key Responsibilities:
- Planning & Budgeting:
- Prepare the Annual Operating Plan (AOP).
- Develop and maintain inputs for the standard cost accounting system.
- Assist in creating the annual operating budget.
- Financial Analysis & Budget Control:
- Collaborate with budget owners to analyze performance, variances, and forecasts.
- Lead budget variance reporting and implement corrective actions for expense inconsistencies.
- Cost Management:
- Optimize key cost drivers and ensure the integrity of cost accounting inputs through audits and reconciliations.
- Assist in developing labor and burden rates based on business decisions.
- Maintain cost tracking metrics, including material, labor, and burden analytics.
- Accounting & Financial Reporting:
- Oversee the finalization of plant financials, including P&L and Balance Sheet.
- Support the month-end closing process for accurate and timely financial reporting.
- Business Partnering & Strategic Planning:
- Act as a key business partner to the CEO, providing financial insights to drive performance.
- Support the CEO in developing short- and medium-term performance strategies.
- Taxation & Compliance:
- Manage GST returns, audits, and statutory filings.
- Ensure compliance with MCA, direct, and indirect tax regulations.
- Capex & Fund Management:
- Handle new Capex proposals, WIP tracking, and capitalization.
- Act as the single point of contact for bank relations and fund management.
- Audit & Legal Compliance:
- Support internal and external audits.
- Collaborate with the APAC and HQ legal teams to ensure regulatory compliance.
- Risk & Control Management:
- Monitor business control effectiveness and execute improvement plans for accurate financial reporting.
- Implement key controls in accordance with the Group's Minimum Controls Standards in India.
- Ensure adherence to trade compliance regulations.
- Manage credit and foreign exchange risks in coordination with the CEO.