12 Sep
|
Sterlite Power
|
Dadra
12 Sep
Sterlite Power
Dadra
JOB SUMMARY
We are seeking a highly skilled and experienced Finance Manager to join our team to lead FP&A;, Costing, Order Book Management etc related activities. The ideal candidate will have a robust background in financial management, manufacturing accounting, and budgeting, with the ability to contribute to strategic decision-making processes.
Finance
Manager will be responsible for overseeing the company's financial activities, ensuring compliance with regulatory requirements, and helping to drive profitability and operational efficiency.
Key Result Areas:
Financial Planning & Analysis:
- Prepare and manage the annual budget and financial forecasts.
- Conduct detailed financial analysis to identify trends, variances, and key performance indicators (KPIs).
- Provide recommendations to senior management for cost-saving opportunities and efficiency improvements.
- Assist in the development of long-term financial strategies aligned with company goals.
Reporting & Compliance:
- Oversee monthly, quarterly, and annual financial reporting to management and stakeholders.
- Ensure all financial reports are accurate, timely, and compliant with regulatory standards and industry practices.
- Manage the preparation of statutory financial statements, including balance sheets, income statements, and cash flow reports.
- Coordinate internal and external audits, ensuring proper compliance with legal and tax regulations.
Cash Flow Management:
- Monitor cash flow,
working capital, and liquidity to ensure operational efficiency.
- Implement strategies to optimize cash flow and manage day-to-day financial operations.
- Oversee receivables and payables processes, ensuring timely collection and payment.
Cost Control & Profitability:
- Analyze cost structures, including raw materials, labor, and overhead costs in the manufacturing process.
- Develop and monitor cost control measures to improve profitability and reduce waste.
- Work closely with the production team to assess product margins and suggest pricing adjustments.
Risk Management:
- Identify financial risks and develop strategies to mitigate, particularly in areas like commodity price fluctuations, currency risks, and economic downturns.
- Ensure adequate financial controls are in place to safeguard company assets.
- Ready to deal with uncertainty
Team Leadership & Development:
- Team leader & Ability to drive performance
- Lead, mentor, and develop the team to improve skills, productivity, and overall performance.
- Foster a culture of collaboration between the finance department and other functional areas of the company (e.g., Operations, Sales, SCM & HR).
Qualifications: Educational Qualifications: CA or CMA
Experience (Years and Type): Minimum of 9-12+ years of experience in finance, with at least 3 years in a managerial role, preferably within a manufacturing environment.
📌 Chief Manager Finance (Dadra)
🏢 Sterlite Power
📍 Dadra