Financial Controller

• Ensure and assess timely preparation and review of monthly MIS, P/L, BS, KPI and other operational activities including Cash Management, CAPEX & Working Capital Management.

• Strive to improve revenue and profits of all departments by focusing on topline growth as well as scouting for various cost saving initiatives.

• Ensure timely and accurate financial reporting that is compliant with statutory regulations and is free of financial irregularities.

• Prepare monthly budgets and financial statements within timelines.

• Continuously review and recommend changes to policies and procedures to exercise effective financial controls. Ensure compliance with the same by the Operating Management.

• Interpret and analyze financial statements for meaningful comparison (trend analysis, variance analysis, benchmarking, KPIs, etc.)

• Review financial statements and ledgers; work with the team to resolve any discrepancies.

• Review financial implications and payouts of incentive schemes and provide feedback on their feasibility and effectiveness.

• Prepare monthly MIS reports and generate the same from ERP system (Auto line)

• Assess performance of various Business Units and generate financial statements for the same.

• Understand the cost component nuances in Automotive industry, ensure appropriate inventory costing is performed.

• Ensure adequate provisions for doubtful debts & obsolescence inventory is created in line with the applicable policies

• Manage supplier incentives/ rebates and ensure timely recovery in line with Annual target agreements.

• Maintain audit trails and implement audit report recommendations issued by internal and external auditors.

• Liaise with external auditors to ensure that financial results are reported on time.

• Project cash flow requirements and submit to Corporate Finance.

• Perform routine activities in accordance with agreed deadlines, standards and discharge any other task assigned by superiors in a timely and effective manner.

• Reviewing company’s balance sheets and supporting finance team with invoicing and capital expenditure.

• Fair knowledge of financial modeling, hedging & forex updates.

• Manage and handle grievances raised by subordinates in a prompt and effective manner and escalate as required.

• Monitor performance of finance personnel on financial and non-financial parameters such as cost savings achieved, internal customer responsiveness, teamwork, and technical acumen.

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