Senior Manager - Business Finance - Manufacturing - CA

Job Description :

- The role would lead business finance for SBU providing a consolidated view of various businesses, locations and strategic initiatives.

- Be in charge of the Business/ Strategic planning process for the SBU. Be a Business partner to drive financial intelligence, business insights and support in new business opportunities.

- Take charge on the profitability of business and investigate ways to improve on cost, working capital, controls at plant locations.

Key Responsibilities :

Strategic :

- Lead the annual budgeting, forecasting exercise for the SBU

- Provide analytics on revenue, profitability and cost performance of the SBU on a monthly / quarterly / annual basis.

- Analyse key business drivers, industry and competition and advice the SBU heads for cost efficiencies and lean business process /delivery models to arrest loopholes on cost/efficiencies

- Prepare regular business risk assessments

- Establish business intelligent reports & MIS for tracking key business metrics and automate for data transparency

- Prepare financial modelling and analysis for strategic initiatives and new business opportunities for the SBU

- Suggest growth/statutory tax opportunities to senior management by way of downstream and upstream opportunities.

- To foresee external economic ecosystem and advice on the financial planning to the SBU

- Capex planning & Management for the SBU

Operational :

- Work out detailed product costing and provide inputs on pricing decision for effective margin management for the SBU

- Analyze current and past trends in key performance indicators including all areas of cost material, conversion and fixed cost at the plants. Submit monthly exception reports

- Work closely with procurement, commercial functions for project needs and negotiations.

- Track and report material cost reductions. Perform periodic financial analysis of key vendors to assess & mitigate associated risks.

- Vendor confirmation of balance and reconciliation of vendor for Top Vendors

- Ensure tracking and reporting on fixed costs vs. plan and fixing the variances

- Co-ordinate on insurance coverage and claim settlements

- Monitor working capital, capex and cashflow

- Ensure tracking and control on fixed assets, robustness of cycle count process and inventory recording in books.

- Disposal of NPA at the plants and work on waste disposal/recycling.

- Work closely with Plant Head, Project team, and Commercial team at plant for strengthening internal financial controls and operating controls at Plant.

- Lead cost audit certification and submission of cost records to Department of Fertilizers. Co-ordinate with statutory auditors and internal auditors

- Ensure tax compliances at plants. Provide operational support in GST at plant locations

- Ensure on time submission of subsidy DBT bills

- Support in automation of marketing rebates and discounts and automation of cost sheets

Financial :

- Ensure quality, analytics and speed in strategic plans

- Ensure accurate and timely reporting of financial matters.

- Closely work with the accounting team on compliance to accounting standards and guidelines.

- Actively involve in the Marketing/plant operations

Desired Candidate Profile :

- Qualified CA - 1st attempt /CMA with 6-8 years post qualification experience with atleast 5 years in Business Finance in a reputed Manufacturing company with multi location plants and large / complex distribution network.

- Candidates from Fertilizer, Pharma, Cement, Chemical, Tyre, Automobile, Steel or Glass industry will only be considered.

- Business acumen and understanding of macro / biz drivers

- Ability to strategize and translate strategies in executable actions.

- Deep analytical skills and right attention to details

- Financial Planning, reporting, costing, MIS, capex, controls, working capital

- Working Knowledge SAP system

- Excellent team player, people management skills

- Influencing skills, ability to connect with various stakeholders

- Excellent communication and presentation skills

- Strong leadership skills with a proven ability to work through multiple priorities

- Well organized, highly system and process oriented approach

- Deep desire to excel and implement best in class practices

- Good business partner with customer orientation

- Ability to inspire and rally team around business objectives and excellence

- Candidates willing to relocate to Hyderabad may only apply.