The Finance Manager will be responsible for managing the company s financial planning budgeting reporting and compliance functions The ideal candidate should have experience in the manufacturing or steel metal industry with a strong understanding of cost control production-related financial analysis and working capital management Key Responsibilities1 Budgeting Financial Planning Prepare annual budgets and financial forecasts for production operations and capital expenditure Monitor financial performance by tracking actual results vs budgeted numbers Conduct variance analysis and provide actionable insights to management 2 Costing Production Finance Oversee product costing BOM validation and cost optimization for manufacturing processes Analyze material consumption wastage and production efficiency to improve margins Work closely with the operations team to evaluate plant performance and process improvements 3 Receivables Payables Management Follow up on receivables to ensure timely customer payments Monitor and manage vendor payments and overall cash flow Ensure effective credit control and maintain healthy working capital cycles 4 Expense Management Review and validate all operational and administrative expenses Implement cost-saving measures and ensure adherence to budgets Track and approve purchase requests and inventory-related costs 5 Financial Reporting Prepare monthly quarterly and annual financial statements Present MIS reports dashboards and financial insights to management for strategic decisions Maintain accurate and up-to-date documentation for audits and compliance 6 Funding Banking Apply for funding working capital limits or term loans as required Apply for subsidies for existing plan and future plant Liaise with banks financial institutions and auditors Manage loan documentation renewals and compliance submissions 7 Additional Industry-Relevant Responsibilities Monitor scrap rates melting costs power consumption and machine utilization Evaluate feasibility for new production lines or capex proposals Support management in tender pricing quotations and cost-benefit analysis Ensure financial risk management in procurement of raw materials like billets scrap alloys etc Job Type Full time Pay 25 000 00 - 30 000 00 per month Education Master s Preferred Experience Financial accounting 5 years Required Language Hindi Preferred English Preferred Work Location In person
📌 Finance And Account Manager (Mandideep)
🏢 Anand Metal Works
📍 Mandideep
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