KEY RESPONSIBILITIES:
1. Plant Annual Budget – Opex -and Capex:
• Develop and manage the plant's annual operating (Opex) and capital
expenditure (Capex) budgets.
• Monitor monthly and quarterly budget performance and provide regular
updates to senior management.
• Exposure of New plant project accounting and Capital project financial
...
feasibility evaluation ie Calculation of NPV, IRR and Pay -back period etc.
• Play Business partner role in optimization of Operation Overheads budgeting
and Capital Expenditure budgeting through validation of quotations etc.
2. Monthly MIS Reports and Variance Analysis:
• Prepare and present monthly Management Information System (MIS) reports.
• Conduct variance analysis to identify discrepancies between budgeted and
actual figures and recommend corrective actions.
3. Monthly, Quarterly and Annual Closing along with Statutory compliances of
Direct Tax and Indirect Tax and Statutory Audit compliances.
• Oversee the monthly, quarterly and annual financial closing process,
Provisioning and periodic reconciliations, amortization, calculation of
depreciations etc.
• Coordinate with external auditors for statutory and tax audits, arrange audit
details and required schedules and ensure compliance with all regulatory
requirements.
4. Internal Audit Coordination and Responses:
• Collaborate with internal auditors to facilitate audit processes.
• Address audit findings and implement recommended improvements.5. Batch Costing weekly reports and monitoring along with Annual standard
Working, Monitoring of Budget vs Actual Cost as per Standards
• Perform weekly and batch costing analysis and finalization of products annual
Time and Yield Standards and monitory against actual performance.
• Continuously monitor and compare budgeted costs against actual expenses to
ensure cost control, Cost accuracy and cost efficiency.
• Prepare and analyze weekly reports on batch yield and time variances.
• Identify trends and areas for improvement.
6. Working Capital Managements and MSME payments monitoring and
Compliances.
• Track and manage payments to Micro, Small, and Medium Enterprises
(MSMEs) to ensure timely and accurate disbursements.
• Effective management and control of working Capital, Inventory controls,
Over dues customer collection and wastages controls.
7. Product Costing and analysis of Products Cost Components and operation
efficiency of Batch Size and product Mix working knowledge of Pharma and
Manufacturing Industries .
• Must have exposure of Product Costing and allocation of Indirect cost to
products based on appropriate cost drivers.
• Provide financial insights to support pricing and profitability decisions based
on historical data analysis.
• Calculation of day-to-day product COGS for Business decision based on
standards and BOM data.
8. Ensuring Timely Completion of All Statutory Compliances Related to FA
Department:
• Ensure all statutory compliances related to the Finance and Accounts (FA)
department are completed on time.
• Maintain up-to-date knowledge of relevant laws and regulations, TDS, GST,
ESI and PF etc.
9. Timely Approving of Indents:
• Review and approve purchase indents in a timely manner.
• Ensure procurement processes align with budgetary constraints and
operational needs.
COMPETENCIES:
• Building effective team
• Decision making and judgement
• Business Acumen and Perceptive
• Innovative Thinking
• Industry and Market Knowledge
• Accountability and Ownership
• Coaching and Mentoringd
experience
15show more KEY RESPONSIBILITIES:
1. Plant Annual Budget – Opex -and Capex:
• Develop and manage the plant's annual operating (Opex) and capital
expenditure (Capex) budgets.
• Monitor monthly and quarterly budget performance and provide regular
updates to senior management.
• Exposure of New plant project accounting and Capital project financial
feasibility evaluation ie Calculation of NPV, IRR and Pay -back period etc.
• Play Business partner role in optimization of Operation Overheads budgeting
and Capital Expenditure budgeting through validation of quotations etc.
2. Monthly MIS Reports and Variance Analysis:
• Prepare and present monthly Management Information System (MIS) reports.
• Conduct variance analysis to identify discrepancies between budgeted and
actual figures and recommend corrective actions.
3. Monthly, Quarterly and Annual Closing along with Statutory compliances of
Direct Tax and Indirect Tax and Statutory Audit compliances.
• Oversee the monthly, quarterly and annual financial closing process,
Provisioning and periodic reconciliations, amortization, calculation of
depreciations etc.
...
• Coordinate with external auditors for statutory and tax audits, arrange audit
details and required schedules and ensure compliance with all regulatory
requirements.
4. Internal Audit Coordination and Responses:
• Collaborate with internal auditors to facilitate audit processes.
• Address audit findings and implement recommended improvements.5. Batch Costing weekly reports and monitoring along with Annual standard
Working, Monitoring of Budget vs Actual Cost as per Standards
• Perform weekly and batch costing analysis and finalization of products annual
Time and Yield Standards and monitory against actual performance.
• Continuously monitor and compare budgeted costs against actual expenses to
ensure cost control, Cost accuracy and cost efficiency.
• Prepare and analyze weekly reports on batch yield and time variances.
• Identify trends and areas for improvement.
6. Working Capital Managements and MSME payments monitoring and
Compliances.
• Track and manage payments to Micro, Small, and Medium Enterprises
(MSMEs) to ensure timely and accurate disbursements.
• Effective management and control of working Capital, Inventory controls,
Over dues customer collection and wastages controls.
7. Product Costing and analysis of Products Cost Components and operation
efficiency of Batch Size and product Mix working knowledge of Pharma and
Manufacturing Industries .
• Must have exposure of Product Costing and allocation of Indirect cost to
products based on appropriate cost drivers.
• Provide financial insights to support pricing and profitability decisions based
on historical data analysis.
• Calculation of day-to-day product COGS for Business decision based on
standards and BOM data.
8. Ensuring Timely Completion of All Statutory Compliances Related to FA
Department:
• Ensure all statutory compliances related to the Finance and Accounts (FA)
department are completed on time.
• Maintain up-to-date knowledge of relevant laws and regulations, TDS, GST,
ESI and PF etc.
9. Timely Approving of Indents:
• Review and approve purchase indents in a timely manner.
• Ensure procurement processes align with budgetary constraints and
operational needs.
COMPETENCIES:
• Building effective team
• Decision making and judgement
• Business Acumen and Perceptive
• Innovative Thinking
• Industry and Market Knowledge
• Accountability and Ownership
• Coaching and Mentoringd
experience
15show more
