Head Iustrial Finance Manufacturing

12.00 to 17.00 Years Haridwar 22 Jun, 2022

Job Location	Haridwar
Education	Not Mentioned
Salary	Not Disclosed
Industry	Recruitment Services
Functional Area	Finance / Accounts / TaxSales / BD
EmploymentType	Full-time

Job Description

Head - Industrial Finance (Manufacturing) Position :- Industrial Finance Head - AVP or GM- Position would cover Industrial finance function of all plants of the company located across the country. Person will be based at Chandigarh/ Mohali so that he/she is able to operate from the plant locations situated in close vicinity of Himachal Pradesh and Uttarakhand. - Reporting to entity CFO. Qualification and Experience : - A CA or CMA with around 12+ years of experience in Industrial finance. - Experience of working in assembly or process plants is must. Exposure of Electrical, electronics, automation sectors would be preferred.- Should have proven track records of bringing cost efficiency/ productivity, achieving process- standardization/ simplification and maintaining appropriate financial controls. Job Profile and Requisites : - Efficiently guide and leverage a team of 25+ industrial finance members working in different plants including the plant finance heads.- Review and control of product raw material cost, BOM and conversion cost (COGS).- Monthly MIS, preparation/ review of Budgets, financial projections etc., to develop and maintain production strategy including operational requirements & budget requirements.- Procurement control of components/ raw material, Consumable, Spares etc. Expense/other cost control at the point of expenditure. Review all long-term key commercial arrangements, purchase/services contracts before they are signed by the Company.- Bring plant efficiency by controlling scrap, plant base cost, Line rejection/ market rejections, Inventory obsolescence, variance analysis, productivity etc.- CAPEX and Business Case Financial Evaluation (BCFE) requirement, evaluation of financial viability for every new CAPEX/Capital required.- Support to implement standardized Policy and procedures across the plants to improve operational efficiency. Recommend and implement new technology, solutions, software within Finance department to improve productivity.- Manage visits of internal/external auditors and remain a point of contact for all industrial finance related work.- Perform a variety of tasks, to avoid any unplanned outages, down times etc. also showing a wide degree of creativity and latitude to monitor & manage exceptions.- Inventory management and supervision of monthly physical verification exercise.- Should have sound understanding of indirect tax laws, ensure tax compliance of plant operations and secure all GST credits in a timely manner. Should have exposure of dealing with tax/ industrial incentives and liaising with relevant authorities. - Close coordination with Industrial heads and plant heads. Anticipate requirements in advance and proactively extend support.- Close coordination with HO finance, R&D, Procurement, Service Finance and BU finance heads. Should have proven ability to see big picture and contextualise Industrial finance activities with the larger Company finance objectives.,

Keyskills :
cost controlbusiness casetax complianceprocess plantsplant operationsfinance functionvariance analysisinventory managementphysical verification

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