General Manager - Finance & Commercial - Auto/Construction/Infra - CA/ICWA

GM Finance & Commercial

Position Name : GM Finance & Commercial

Education : CA or ICWA with min 15+ Years of exp.

Experience : 10+ Years

Location : Waidhan, Madhya Pradesh

Reporting To : BU Head & F&C Head

Job Purpose : To lead and direct the Commercial & Finance functions at mines and be responsible for all necessary aspects including billing, collection, reconciliations, finance & accounts and procurement functions.

Key Responsibility Areas :

- Planning and Budgeting Design and implement an appropriate policy framework to guide company's decision-making and development in relation to finance & accounts, commercial and purchase.

- Prepare annual budget and forecasts aligned to strategic plans and in accordance with guidelines of the company and Group.

- Participate in strategic decision making and after sensitivity analysis.

- Controlling of Accounts, manage and maintain the financial accounting systems, Monitoring of proper keeping of books of accounts of all the expenses and incomes adhering to the standard.

- Oversee timely processing of vendor claims with fairness and making payment to the vendors against their claims as per the contract/ agreement.

- Ensuring the completion of monthly, quarterly and annual accounts in time with accuracy.

- Compliance with Commercial Laws and Taxation to ensure financial and other reporting systems are maintained to the standards required by the ROC, Companies Act, Group Systems & Policies and external auditors and regulatory agencies.

- To supervise and ensure adherence to Service Tax, VAT, WCT, IT etc.

- Billing/Collection & Working Capital Management Follow-up for in-situ measurement of production be completed and the joint measurement report duly signed by concerned authority be available at the earliest.

- Monitoring the billing be completed and submit to concerned at the earliest.

- Measurement Sheet, ensuring the early collection of bills from concerned against the bills raised.

- Ensuring timely remittance of fund requirement to finance department and coordination for availability of fund in time with an intention to reduce holding cost of fund and get more interest income from temporary investment.

- Financial Analysis, MIS & Cost Control Ensure timely preparation of Trial Balance of all profit centers of the unit.

- Reconciliation/Cross checking of various data required for MIS. Ensuring to submit the management information reports in time.

- Identification of the areas of cost control and brought to the notice of COO for implementations of internal checks/controls.

- Purchase & Stores Manage the purchase function of the unit including purchase processes, contracts, payments and vendor management.

- Monitoring the purchase and stores functions to ensure timely purchase/ procurement with competitive rate.

- Ensure establishment of standard procedures establishment and ensuring zero deviation.