Job DescriptionJOB PURPOSE:
NLead finance function forthe assigned plant;
Plan and deliver financial planning & budgeting, cash flow management and capex management for the plant;
Provide information andcoordinate for completion of internal audits, and ensure appropriate implementation of action plans;
Analyze and recommend cost controlinitiatives to ensure plant profitability
N
- PRINCIPAL ACCOUNTABILITIES
N

nFinancial Planning and Budgeting
N
- Participate in the plant planning process and provide accurate financial information to plant
Nmanagement team to enabledecision making and achievement of plant’s financial objectives
N
- Based on customer indents for next month demand, prepare forecast/ monthly rolling plan, prepare forecast of income statement and balance sheet items along with Plant Head for the assigned plant
N
- Undertake detailed itemby item analysis and assess impact of variance on overall budget and
Nexpenses, and for difference in volume projections evaluate impact on cost / budgets
N




- Monitor budget utilization and check expense PO to ensure adherence to with laid down budget, else explore justifications for expense
N
- For annual budgeting atgiven volume, prepare and consolidate budgets across variable and fixed heads, and as per inputs from various stakeholders.
N

nCash flow management
N
- At month end, prepare cash flow statements for the plant based on actual current month cash flows;
Also, prepare a forecasted cash flow statement for the next month
N
- Prepare plan for funding of capex requirements;
Evaluate cash flow positions and plan capex funding accordingly
N

nCapex management
N
- Prepare capex forecast at the beginning of the year incorporating the requirements of planned
Nprojects
n
- On a monthly basis review actual capex requirements/ spends, and adjust the PnL accordingly
N
- Review individual capexprojects and evaluate period of return, IRR, etc. for the planned capex
N

nInternal audits

📌 Head Finanace (Jalna)
🏢 Varroc
📍 Jalna