Mandate: Bring financial discipline and accurate provisioning to the Maharashtra profit centre as a standalone P&L.;
Candidate profile: CA/CMA with 8–12 years
Location: Dadar, Mumbai
Key Result Areas
Budget:
Run the annual budgeting cycle, split by Trade and Schools, with monthly variance MIS.
Budget vs. actual preparation and analysis and YoY comparison
P&L;: Produce a monthly P&L.;
Financial analysis including but not restricted to: key ratio tracking and analysis, business model generation for recent projects, peer benchmarking
Improvement of financial data collection and storage processes on an ongoing basis
Balance sheet:
Own working-capital discipline (inventory + receivables) and feed into group-level audit/compliance.
Provisions:
Formalise provisioning for returns, bad debts, obsolete inventory, and trade/scheme liabilities within PC1.
Provision for schemes:
Quantify and provision for Maharashtra-specific trade/school scheme commitments.
Maintain continuous liaison with the business head on financial matrix tracking and provide input on red flags.