15 Oct
|
Shanthi Gears
|
Coimbatore
15 Oct
Shanthi Gears
Coimbatore
Role & responsibilities
To provide strategic financial leadership and business partnering support for the Gears, Gears & Pinions, and Gear Motors business divisions. The role is responsible for financial planning, profitability improvement, cost management, business performance monitoring, risk management, treasury, compliance, and governance while supporting sustainable and profitable growth.
Strategic Finance & Business Partnering:
Formulating GGM BU strategy, BSC roll-out with overall & functional Budget and implement the same; Monitor BU performance through daily / weekly / monthly reports with variance analysis.
P & L and Profitability Management: Analyze profitability by Product, Customer, Industry Segment, Geography, Order to drive & achieve Gross Margins, EBITDA, Contribution Margins, ROCE
Review of internal & statutory audit points and act for closing open points.
Balance Sheet Preparation: Responsible for Balance Sheet of Shanthi Gears and drive inventory reduction, receivables reduction and payables management by coordinating wit respective process owners
BU Finance Operations:
Working Capital & Cash Flow Management - Optimize cash generation across the business by improving inventory turns, debtor collection,
vendor payment management, cash conversion cycle, monitor project cash flows and large customer contracts, drive free cash flow improvement initiatives.
Commercial & Contract Management - Support pricing strategy and commercial negotiations, review customer contracts for financial risks, evaluate long-term agreements and strategic contracts, establish financial controls for major projects and export orders.
Cost Management & Manufacturing Finance: Lead product costing and manufacturing cost analysis, establish standard costing systems; Monitor material cost, conversion cost, labour productivity, machine utilization, inventory carrying cost; drive cost reduction programs through value engineering, localization, procurement savings, process improvements
Capital Investment & Expansion Projects - Evaluate capital expenditure proposals by conducting NPV Analysis, IRR Analysis, Payback Analysis, Sensitivity Analysis; support brownfield and greenfield expansion projects and by monitoring project financial performance and ROI realization.
Preferred candidate profile
CA/ICWA is mandatory
Manufacturing experience is desired
📌 Head Business Finance (Coimbatore)
🏢 Shanthi Gears
📍 Coimbatore