Deputy General Manager - Accounts & Finance - Manufacturing Firm - CA

Position Summary: DGM - Accounts and Finance will be responsible for the financial strategy, financial planning and analysis, financial reports, company audits, compliance, and bank relationships. As a pivotal contributor, the DGM will work closely with other senior leaders to ensure the company's financial stability and growth.

Key Responsibilities :

1. Financial Planning & Analysis :

- Design and develop the company's long-term financial goals and objectives.

- Create and manage multiple financial models to support company strategies.

- Analyze financial data to aid in decision-making and strategic planning.

- Prepare trial balance sheets and financials with a view to going public in three years.

2. Inorganic Growth Path :

- Identify and evaluate new areas of investment to drive the company's inorganic growth.

3. Budgeting :

- Prepare and monitor department-wise budgets.

- Fine-tune budgets based on multi-year trends.

- Plan for yearly increments and incentive programs.

4. Operational Efficiency :

- Implement strategies to reduce costs and enhance organizational efficiency.

5. Compliance Management :

- Ensure compliance with Advance Tax, GST, TDS, and other applicable taxes.

- Oversee credit interest payments and insurance premiums.

- Liaise with Chartered Accountants for financial statements and tax returns.

- Conduct shareholder meetings while managing resolutions and minutes.

- Stay updated on taxation laws and comply with IPO requirements for public listing.

6. Insurance and Liaising :

- Manage insurance policies and ensure timely renewals.

- Liaise with chartered accountants, auditors, and legal teams.

7. Audits :

- Conduct periodic commercial audits focusing on expenses.

- Set up and manage internal audit teams and implement their recommendations.

8. Cashflow Management :

- Develop strategies for managing debtor accounts and controlling debtor aging.

- Negotiate favorable terms with creditors and suppliers.

- Maintain a detailed view of working capital and overdraft accounts.

- Manage CAPEX cycle through financing options.

9. Legal and Documentation Responsibilities :

- Review and sign off on property agreements and customer contracts.

- Identify and mitigate potential legal disputes.

10. SAP Implementation :

- Implement SAP finance and accounting modules.

- Set up expense approval hierarchies and escalation mechanisms.

11. Sales and Profitability Tracking :

- Monitor sales to purchase ratio and maintain monthly reports on top clients.

- Provide guidance on problematic clients and track expenses against budgets.

- Prepare branch and business-wise profitability reports.

Qualification :

- Chartered Accountant with 8+ years of Experience in Manufacturing Industry

- Knowledge of SAP will be an added advantage.