AM/Deputy Manager - Finance - Manufacturing

Experience 3-6 years in Manufacturing organisation

- Knowledge Latest Accounting standards, IND AS, Company Law, fair knowledge of Income Tax, TDS prov

- Working knowledge of Indirect taxes, Good knowledge of Treasury function, Knowledge of SAP, Excel etc.

Area Job Description/Periodicity:

Accounting & working:

- Board MIS Finalisation of Accounts - Monthly

- Finalisation of Accounts of Scissors Engg.- Monthly

- Handling Quarterly /Annual Audits of these companies - Quarter/Annual

- Working Board -review & finalisation- Monthly

- IND AS -implementation -from Apr 16 on going

- Helping in IFCR -SOP control - Feb 16 & on going

- Computation of forex gain/loss - Monthly

- Review Advances/ receivable -like Import advance/ Export Incentive - Monthly

- Revaluation of forward contracts. PCFC Loan, Amortisation of forward premium etc- Monthly

- Related party Transactions etc. - Quarter/Annual

- Checking of Bank interest working & prov for expenses- Monthly

- Inter company reconciliation - Monthly

Treasury:

- Effective fund management, in co-ordination with Corp Treasury &Plant locations.- Daily

- Cash flow forecast &daily/ weekly review of collections/outflow daily/weekly/ monthly

- Cash & bank balance reporting along with funds positions - Daily Reporting

- Check on Bank Charges rates (Export, Import, CMS & Other Transactions) - Daily checking as per norms

- Check on Bank Interest rates (Working Capital, Term Loan, PCFC and Other loans)- Daily checking as per norms

- Export & Import Exposures (Orders) - uploading in Treasury Software Daily

Banking:

- RTGS Transfers, Ratifications, E payments, Bank Guarantee issue, review dormant a/c, etc Daily

- Availing PCFC Loan (For Interest Cost Savings) As and when available

- Capex Financing - Term Loan availing/keeping track of repayment & interest As and when

- Updation & Modification of Authorised Signatories for companies (Bank, Excise, Sales Tax, Customs of All Plants) As and when

- Investments/ ICDs monitoring of the company Monthly

- Monthly Reports to Treasury

- Closing Debt Position and Interest Cost As per Books

- Long Term Short Term Mismatch

- Export Import Bill Booking rate

- Forex Gain / Loss details as per books

Monthly:

- Monthly stock Statement to Bank & co-ordinate for bank stock audit Monthly

- CMA Report to Banks (Credit Monitoring Analysis) Annually

- Credit Ratings Details to CARE Annually

Imports:

- Import Remittances Daily processing

- Import Entry, Import Advance /custom duty clearing Daily SAP booking

- Issuing Letter of Credit (Import) As and when

- Submission of Import Triplicate Bill of Entries to Bank As and when-submission

- Commissioner of Customs A/c. Clearing Weekly

Cost Control :

- Minimise interest cost impact with proper mix of fund sourcing on going