Voltas - Manager - Supply Chain Finance

BASIC INFORMATION:

LOCATION: Mumbai

DEPARTMENT: UPBG F&C GRADE Manager

ISSUED BY: Head Finance UPBG APPROVED BY

KEY DELIVERABLES:

- Ensure timely and accurate month-end and year-end book close activities related to supply chain operations.

- Post accruals for freight, customs duties, and other supply chain-related expenses.

- Support budgeting, forecasting, and variance analysis for supply chain functions.

- Analyze logistics, warehousing, and conversion costs.

- Analyze slow-moving and obsolete inventory provisions.

- Coordinate with AP, procurement, and logistics teams to resolve mismatches:

- In GRN value and Invoice Value

- Rectify mismatches between vendor invoices and GSTR2B entries.

- Review GR/IR accounts and clear open items before book closure.

- Monitor and clear open items in vendor ledgers, Custom Duty, related to supply chain transactions.

- Track open advances issued to vendors and its aging and ensure proper settlement against future invoices.

- Perform periodic reconciliation of vendor accounts, especially for OEM, logistics, freight, and

clearing agents.

- Ensure adherence to internal controls, SOX, and audit requirements.

- Prepare monthly MIS and dashboards for supply chain KPIs.

- Vendor onboarding and due deligience.

ESSENTIAL ATTRIBUTES:

- 5-7 years of experience in supply chain finance, preferably in consumer durables or manufacturing.

- Strong knowledge of EXIM documentation, vendor reconciliation, and cost accounting.

- Proficiency in SAP (MM, FICO), Excel, and financial modeling.

- Analytical and detail-oriented.

- Ability to work under pressure and manage multiple priorities.

- Familiarity with customs regulations, GST, and import-export documentation.

REPORTING TO: Head Plant - F&C

REPORTEES: Yes / No: No