IPL Biologicals - Chief Financial Officer - Finance & Accounts - CA

Any Particular Skill he Should Have, which is must for the job?

1. Effective Budgeting & Planning , International Transaction, Schemes & Balance sheet reviewing & presentation , Strong understanding of ERP & project management.

2. Should have experience of International Transaction

3. Experience in Agri Input Sector or FMCG preferred.

Key Accountability/Role and Responsibilities (Should be a Part of the KRA for Variable Pay):

- Evaluate, and potentially design/redesign and implement the Company's risk management, financial, accounting and reporting processes and supporting systems, ensuring world-class financial administration.

- Drive in a hands-on manner the full array of financial functions including taxation, treasury, cash management, working capital management, corporate finance, control, audit, financial planning and analysis, ERP exploitation and MIS.

- Managing overall GL accounts, costing, budgeting, Balance Sheet reviews & Financial Modelling and BI tools.

- Knowledge of Power BI would be of advantage.

- Review and take ownership of the underlying Financial Statements of the company, lead the statutory audit finalization and handling routine monthly, quarterly and annual compliances.

- Advise the Senior Management on the financial implications and risks related to key issues and important strategic decisions; keep all relevant stakeholders posted, on a timely basis, regarding ongoing financial condition of the organization.

- Should have very good knowledge of Product costing and Product Schemes.

- Analyze the trends of Key Performance Indicators (KPIs), especially relating to financial metrics such as sales, expenditures, and profit margin.

- Manage the finance and accounts matters, MIS, Cost Optimization, General and Project Procurement, Supply Chain Management, Warehousing and Store Management

- Preparing operating annual budgets & reporting relating to Sales, GP, expenses and profitability in ERP.

- Executing budgetary control, steering development of capital expenditure budget along with analysis & reporting of financial viability of new projects, capitalized items and spending

- Approaching banks, negotiating term-sheets, finalizing loan documents, security creation, ensuring

disbursements etc.

- Monitoring control over Accounts Receivable through establishing effective billing including review of open purchase orders, credit approval and proper system report generated for collection and appropriation process

- Performed budget control exercise to ensure all costs incurred as per budget

- Reviewed overhead spending, variance analysis, recommended corrective action & followed up of remedial action

- Research revenue opportunities and economic trends, analyse internal operations, and identify areas for cost reduction and process enhancement

- Must have hands on experience on ERP & further can evaluation & implementation new software as per business requirement.

- All notices, demands, assessments, representation in front of authorities for IT, GST, ST,VAT, Excise

Effective Tax Planning as per Enterprise requirements.

Experience (In Years) 20+ Years

Educational Qualification 1 CA

Educational Qualification 2

- Representation with authorities, liaison with Consultants. Imports/Exports/RBI / International Transactions Inventory control, Balance Sheet, MIS & Reporting, Budgeting, Trade Mark.

- Designed & implemented systems, policies & procedures to facilitate internal financial and process controls & cost management; ensured effective liaison and completion of internal, statutory and external audits

- International Transaction structuring in tax efficient manner along with Tax Planning, optimization and Risk management .

- Activities he will Carry out.

1. Will be responsible for all activities of Budgeting, Controlling, Balance Sheet, Team Handling , International Transactions & Schemes

Functions / Activities he will support:

1. President / CEO

2. Sales, Operations, HR, Commercial & Purchase.

Functional Reporting : President