About the company:

A well-established Indian firm specializing in niche tyre solutions for mobility and agriculture, with decades of manufacturing legacy across regions.

Key Responsibilities:

- Budget Consolidation for all the divisions with 5 dimensional variance analysis.

- Projects Evaluation using NPV IRR and Payback.

- BOM Verifications and providing inputs for corrections.

- Inventory Analysis and Reporting.

- Co-ordination and support of Internal Audit.

- Reporting of Accounts receivable at the consolidated level.

- Reporting of Accounts payable at the consolidated level.

- Co-ordination and support of External Audit.

- Review of financial performance of all the divisions every month.

- Implementation of Activity based costing across the divisions

- Ensuring GST Credit Availment within the Statutory time limits.

- Ensuring payments to MSME vendors on time payment of bills.

- GL Wise analysis of Overheads.

- Monthly reporting of Inventory Turnover ratio and Inventory Ageing and highlighting the areas where the control is required in terms of inventory inward purchase order blockage to achieve optimum inventory level to manage cash flow for the company.

- Preparation of Annual Budget by collection of data and holding discussion regarding the cost savings to be done in variable cost and fixed cost per tractor, where ever possible Activity based Budgeting is done to ensure optimum budget is created.

- Monthly Comparison of Budget vs Actual cost center cum cost element and highlighting the variances, calling for discussion with various department heads regarding deviation if any.

- Acting as a Co-ordinator in terms of Internal Audit involving circulation of agenda regarding internal Audit followup and alerting the concerned, and closure of internal audit in consultation with the concerned.

- Performing various Audits like Raw Materials Audit, Tractor Audit and Outside Audit such as Godown Audits

- Monthly Preparation of Model wise costing of Tractors according to the principle of Activity Based costing.

- Review of CAPEX projects for evaluation and controls- Make or Buy decisions using techniques such as NPV IRR and Payback method.

- Analysis on Overheads against budget and reporting of rate variance, consumption variance usage variance-Standard costing.

- Ensuring GST Credit Availment within the statutory time limits.

- Evaluation of Suggestion posted by the employees.

- MIS is prepared weekly on New products of finished goods

- Preparation of Monthly Accounts closure regarding Factory expenses.

- Monthly Analysis of Inventory procurement from various vendors comparing against norms actual and highlighting the deviations from procurement if any, and assist to achieve the Target Cost.

- Preparation of Cost evaluations for Deviations from BOM.

- Raw material consumption Analysis

- Completion of External Statutory Audit at the plant level.

Qualification:

- Qualified CA/CMA with 5-10 years of experience from a manufacturing sector.