- Finance & Accounts
- Drive entire budgeting process by analysing vertical wise past performances.

- Product market matrix
- Cost centre expense wise budgeting
- Reporting on monthly basis about deviations.
- Robust coordination with other departments in terms of budgeting activity.
- Close books of account at the end of every month - monthly P & L, balance sheet, cash flow
- Monitor collections from receivables are happening on timely basis.
- Develop a follow up system for collection of receivables.
- Define & implement credit control policy.
- Ensure submission of bills on timely basis.
- Monitor the entire bill booking process of material, services, asset on accurate & timely basis.
- Monitor payments to payables are happening on timely basis.
- Ensure advance given is adjusted on timely basis.
- Ensuring that advances to employees, vendors are settled on timely basis.
- Monitor & escalate old advances to management.
- Ensure bank reconciliation is done on timely basis.
- Maintain fixed asset register.
- Timely capitalisation of fixed asset.
- Ensure setoff/subsidy is availed.
- Periodic physical verification of fixed asset in coordination with operations & purchase department.
- Calculating depreciation as per companies act and IT act.
- Calculating & implement payback
- Escalate discrepancies between book v/s physical asset to management.
- Ensure system is in place for monthly target v/s actual variance report for each product
- Analysis of raw material cost, subcontracting cost for each product & report exceptions.
- Contribution analysis of each product and submit the same to the management on a timely basis
- Release Balance sheet, Profit & Loss account, Cash Flow statement on a monthly basis.
- Co-ordination with internal auditors,



external auditors for timely and accurate balance sheet closing.
- Maintaining legal calendar for having the pulse.
- Strict adherence for filing of various returns as per the mandatory frequency under every act.
- Payment of taxes on timely basis
- Replying to queries, clarifications, show cause as the case maybe on timely basis in coordination with C.A.
- Appointment of internal auditor in coordination with management.
- Discuss the terms and conditions with internal auditor in coordination with management.
- Develop frequency with respect to how frequent internal auditor will be visiting the company and conducting audit.
- Coordinate with internal auditor for giving him inputs with respect to scoping of audit work.
- Establish and improvise standard operating procedures across the departments, finance in particular.
- Taking actions and escalate findings with respect to internal audit to management.
- Review of internal audit report with top management on timely basis.
- Take lead role in driving / implementing ERP in the organisation.
- Head the CFT (ERP) for continuous improvement.
- Coordinate with implementing agency for resolving the ongoing issues.
- Keep updated on all latest trends and changes & imparting training to subordinates wherever required.
- Submission of MIS should be done on timely basis. It includes following reports
- Monthly projected cash flow
- Actual cash flow
- Expense analysis
- Legal calendar (statutory calendar)
- Monthly profit and loss
- Ratio analysis & so on.

Education Bachelor Degree or equivalent in computer science / statistics / mathematics / MIS / Commerce related bachelor degree and preferably a Master degree in Business Administration/Economics or a related field with majors in Finance.

📌 Finance Head (Manufacturing) (Nashik)
🏢 Abilitybase Solutions
📍 Nashik