Head - Finance & Accounts

Head - Finance & Accounts

Corporate & Plant Accounts:

- Responsible for reporting, recording, interpreting, and summarizing financial transactions of all manufacturing units and corporate office.

- Handled centralized entire gamut of accounts which includes AR, AP, GL, FA, TB review & Scrutiny, GST, Statutory Compliances, TDS/TCS returns, Monthly GST returns.

- Unit wise freezing of monthly financials for month end reporting post TB review, GL scrutiny with respective process owners.

MIS & Reporting, FP & A:

- Compiled and presented Monthly MIS reports & Business segment reports for management.

- Prepared dossier for strategic decision-making. Dossier includes detailed study of MIS financials viz., capacity utilization, working capital, KPIs, manpower, contract staff FTE, segment wise material contribution analysis, inventory ageing, debtors ageing, slow /non-moving analysis, wastages trend in % and value terms, executive summary etc.

- Led Monthly Business Review meetings with business units.

- Presenting key parameters affecting profitability.

Costing:

- Highlighted wastages, binning / yield losses and other inventory related aspects that impacts profitability viz., material contribution & EBITDA.

- Analysed reports on actual manufacturing cost comparing the standard production costs.

- Evaluated monthly cost run and identified optimization opportunities.

- Managed inventory, minimizing non-moving/slow-moving stock, block stock etc.

- Yearly cost audits, monthly customer wise profitability reports etc.

- Analysis of standard Vs Actual cost

Audit & Compliance:

- Handled both Statutory and Internal audits.

- Assessed whether provisions as per applicable laws, rules and regulations issued by the competent authority are being complied with.

FP&A and Budgeting:

- Prepared accurately the estimates and budget to support Company growth.

- Prepared quarterly rolling forecast and scenario modelling.

- Consolidated annual master budget along with unit wise budgets.

- Monthly comparison of budget vs actual and its variances attributable to volume and value growth.

Capex / Project Management:

- Defined capex budgets for each project w.r.t. management approval (WBS wise in SAP).

- Monitored element wise capex budget vs actual, reporting over run capex costs with reasons.

- Facilitated project meetings and managed documentation for disbursement of bank term loans.

- Evaluating capex proposals w.r.t. payback period, IRR, buy / lease option etc.