A.KEY RESPONSIBILITIES

- Preparation of Organization Budget and monitoring performance for variance analysis
- MIS – Preparation and Maintenance of MIS Report as per organizational requirements
- Handling of Internal Audit, Statutory Audits and Tax Audits etc.
- Cross Functional knowledge of various aspects of accounting & finance like Direct/Indirect Taxation., Costing, Custom Duties, Transfer Pricing, Forex and Treasury operations etc.
- Knowledge of Excise / Service Tax and Sales Tax assessments and filling of monthly/Quarterly /Annual Returns.
- Should be able to handle the work of finalization of Accounts. As part of accounting functions, monitoring and controlling day to day account department activities.
- Working Knowledge of SAP preferred.

B. Key Customers Served (Internal And External):

Internal:

- All Departments, Group Companies

External:

- Auditors, Statutory authorities, Bankers

C. Key Activities to be performed: Cost accounting and Financial accounting

- Computing cost of Production/Service in a scientific manner and facilitate cost reduction and cost control
- Finding out results of accounting year in the form of Profit and Loss Account and Balance Sheet

To ensure timely completion of budgeting & Forecasting

- Meeting concerned HODs of the company for obtaining the input for the budget.
- Preparation of draft budget along with P&L; for decision making and finally sending the same for Directors approval.
- Circulation of the approved budget to the HODs for monitoring the monthly performance of their functions.
- Continuous monitoring of

To ensure timely signing of balance sheet

- Ensure availability of auditors for routine audits.
- Liaison with the external auditors.
- Ensure monthly closing of accounts in ERP system.
- Ensure timely completion of audited accounts.





To ensure timely submission of accurate Management Performance Report

- Monitoring the availability of the MPR input data from the departments.
- Review of the MPR reports prepared by the subordinates, In order to ensure the accuracy.
- Analysis of the MPR report.

Cost reduction in expenses

- Timely generation of monthly age wise sundry debtors outstanding.
- Review of age wise sundry debtors outstanding with sales officers.
- Ensuring accurate data is made available to credit monitoring of debtors.
- Comparison of actual cost vs budgeted cost on a monthly basis.
- Availing cash discount by early payments to suppliers.
- Negotiation with banks for reduction in bank charges and interest rate.

Ensuring statutory compliance and implementation of internal auditors’ suggestion for commercial area.

- To ensure timely statutory payments.
- To file timely statutory returns with ROC, IT, Sales Tax.
- Obtain the draft internal audit report and forwarded to the respective HODs for relevant response and discussion.
- Co-ordinate with the departments and auditors for analysis and discussion on the draft report.
- Monitoring of internal audit report recommendations for implementation.

Organization Development through systems

- Monitors cGMP, ISO, TPM, 5S, internal audits, customers audit etc. effectively.

Development of associates

- Ensures timely goal setting and performance appraisal and ensures right feedback to the associates to improve the performance further.
- Ensures rewards commensurate with performance to create a culture of merit and fair treatment.
- Ensures formal and informal communication with the employees and initiates actions on the grievances to create a robust bond of relationships.
- Plans the manpower by nos. and skills. Initiate actions to develop multi skill.

Qualification: ICWA/CA with 10+ years' experience

📌 Finance Lead (Mumbai)
🏢 Vantage Nutrition
📍 Mumbai