Vidya Wires - Manager - Finance - CA

Position: Finance Manager

Job Summary:

The Finance Manager (CA) is responsible for overseeing and managing the financial health of the manufacturing company. The role involves managing accounting, budgeting, financial planning, cost control, compliance, and risk management.

This role extends beyond finance and accounting to include responsibilities in Stores, Dispatch, Sales & Marketing, EXIM, Purchase and other related functions. Thee Finance Manager ensures accurate financial reporting, efficient working capital management, and adherence to regulatory requirements.

Key Responsibilities:

- Manage and optimize working capital limits (fund-based and non-fund based), including cash credit, overdraft, and bill discounting (LCBD).

- Oversee and manage term loans and other long-term financing arrangements.

- Handle all aspects of Letters of Credit (LCs) and Bank Guarantees (BGs) related to import and export activities.

- Ensure compliance with all financial regulations, banking covenants, and company policies.

- Prepare and analyze financial reports, forecasts, and budgets to provide insights for decision-making.

- Liaise effectively with banks, financial institutions, and other external stakeholders.

- Implement and maintain strong internal controls and financial processes.

- Manage foreign currency exposures and hedging strategies.

- Support strategic financial planning and capital allocation initiatives.

- Develop, implement, and maintain robust costing systems (e.g., standard costing, activity-based costing) for manufacturing processes.

- Analyze product costs, overheads, and variances to identify areas for cost reduction and efficiency improvements.

- Control over accounts payable & receivable.

- Control over all government incentives i.e. RoDTEP , DDB , IGST Refunds etc.

- Financial activities related to EXIM.

- Develop and present robust Management Information Systems (MIS) reports to senior management,

providing key financial insights and performance metrics.

- Other Cross Functional Works.

Reporting: CFO

Qualification: CA

Experience: CA with Min. 5 years of experience in Manufacturing Company mainly in Corporate Finance.