Regional Finance Manager - CA - Auto/Manufacturing

Regional Manager - Finance

Should manage funds in such a manner as to maximize return on investment while minimizing risk, and while also ensuring that an adequate control structure is in place over the transfer and investment of funds. Further, the finance manager engages in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance

Skills & Requirements:

- A minimum of 7+ years working experience in Finance/Accounting & Accounting controls.

- Understanding of and working knowledge in ERP, preferably SAP.

- Knowledge of various GAAPs - IGAAP/IFRS/Tax GAAP.

- Internal & Commercial controls.

- Understanding and working knowledge in commercial laws specifically VAT/Excise/Service tax/Corporate tax.

- Excellent communication skills - both written and verbal

- Profound knowledge of Excel and Power Point

Education: A qualified charted accountant.

Key Responsibilities

1. Funds Management.

- Responsible for Financial accounting & overall control of the regional accounts.

- Application of applicable GAAP to day to day accounting and system control.

- Responsible for various controls on receivables, stocks, assets & investments.

- Compliance with tax laws/commercial laws applicable in the region.

2. Budgeting

- Manage the preparation of the company's budget

- Report to management on variances from the established budget, and the reasons for those variances

- Assist management in the formulation of its overall strategic direction

- Preparation of Profitability statements, cost statements, analysis of business performance

3. Financial Analysis

- Respect to Stock control, Asset control, day to day operations and compliance with respect to various commercial laws including sales tax / VAT, Excise etc.

- Responsible for Account Receivables, Fixed Assets and Inventory control in the region.

- Preparation of Profitability statements, cost statements, analysis of business performance

- Responsible for monitoring of cost, ensure controls with respect to cost budget and implement effective cost management practices.

- Responsible for maintaining an effective Management Information System, well integrated with SAP to support the regional business plans and strategy.

- Develop performance monitoring system to provide effective review of business performance.

4. Additional Accountabilities

- Coordinate with several cross functional teams for exercising financial controls.

- Reporting and measuring functional performance against key performance indicators in accordance with the agreed SLAs

- Responsibility for the delivery of training to team members on reconciliation best practice

- Independent handling of Finance/Accounts of a region;

- Good working knowledge on Excise & Sales Tax / VAT;

- Ensuring timely reconcilement status, aging reports and KPI's are sent to the appropriate management groups

- In-charge for handling Year end closing activity and Statutory Audits

- Good SAP knowledge

- Support function to the respective Line of Business heads-

Coordination with Other Professionals

In Close Contact and Relation With

Internal : Purchase, Operations, sales

External : Vendors, Statutory Authorities