Manager - Costing/Budgeting & Projects - Auto

This role is a responsible for all the significant financial functions with far-sightedness to ensure and drive and lead our team's financial strategy, vision, and execution. With good career prospect the role will be working closely with the management and leadership team, it will be an integral part of F & A team with a continued success story.

Job purpose:

This role is a responsible for all the significant financial functions with far-sightedness to ensure and drive and lead our team's financial strategy, vision, and execution. With good career prospect the role will be working closely with the management and leadership team, it will be an integral part of F & A team with a continued success story. and production teams to optimize inventory management and minimize inventory holding costs.

MIS:

- Product wise profitability reporting

- DMC Analysis

- Monitoring Sales price V/s DMC

- Budget / Forecast V/s Actual Reporting

Process Improvement:

- Identify opportunities to streamline financial processes and improve efficiency through automation and technology.

- Lead or participate in cross-functional teams to implement process improvements and best practices.

-Continuously monitor and evaluate the effectiveness of financial controls and procedures, recommending enhancements as needed.

- Team Size: 6 members

Requirements

- CWA, MBA with Min 12 -18 years' relevant work experience in financial due diligence, transaction advisory, or related roles, wResponsibilities

- Budgets and Forecasts

- Driving the process of annual budgeting Building BSID bottom-up budgets & forecast as per group schedules.

- Automation of budgeting & forecasting- Annual Budget Across the organization including manufacturing/ Sales / Admin. Finalizing budget Financials. Analysis of Budget with actuals

- Compiling of the CAPEX budget & monitoring the release of capital expenditure with focus on payback & post CAPAX evaluation

- Financial performance metrics and analysis to CFO, highlighting key insights and areas of focus.

- Monitor budget performance throughout the year, providing regular updates and variance analysis Financial Audits for local & group.

- Annual & Quarterly statutory books and audits relating to Specific areas (Sales/COGS/Inventory/FA / Warranties)

- Cost Audit compliances annually

- Internal Audits & JSOX audit compliances for Manufacturing Fixed Assets, Sales, inventory & warranty

Cost Analysis:

- Conduct manufacturing costs analysis - Budget V/s Actual relating to manufacturing costs, expenses, and profitability, Variance Analysis on Sales/DMC/CC

- Drive the insights to OE yield , machine utilization etc.

- Capex Budget V/s Actuals Monitoring and Reporting.

- Provides insights and recommendations to optimize manufacturing processes and resource allocation.

- Budgets V/s Actual Variance analysis (Sales / DMC/CC Variance analysis)

- New Product Pricing (quotations)