Sr. Manager/AGM - Finance

Job Description:

Position:          Sr. Manager/AGM - Finance

Location:          Jodhpur

Experience:       15 - 20 Years

Industries:        Chemical

Responsibilities:

• Budgeting and Cost Control:

• Prepare departmental budgets categorized by cost centers, including plant and HO budgets.
• Monitor expenses, analyze variances, and initiate cost-control measures.
• Develop a 5-year financial plan and oversee annual budget preparation.
• Financial Management:
• Manage funds and optimize working capital requirements.
• Develop financial information systems for accurate and timely reporting.
• Conduct annual financial analysis and project feasibility studies for new initiatives.
• Oversee LC documents, export receipts, and import payments.
• Audit and Compliance:
• Build and oversee an Internal Audit team for comprehensive yearly audits.
• Establish a legal section to ensure adherence to statutory compliances.
• Plan and execute bank physical stock audits and statutory audits.
• Strategic Financial Planning:
• Analyze opportunity costs and oversee project feasibility evaluations.
• Provide recommendations for fund-building strategies.
• Strategize future departmental functions and reporting systems.
• Reporting and Analysis:
• Ensure compliance with New Company Law and Accounting Systems for quarterly and annual reporting.
• Initiate quarterly financial closings and develop comprehensive reports for stakeholders.
• Prepare MIS reports, fund flows, grade-wise profitability, and sales summaries for director review.
• Special Projects:
• Maintain a fixed asset register, conduct physical counts, and reconcile with balance sheets.
• Keep excel records of Mumbai flat shares and perform trend analysis.
• Oversee tally maintenance and manage password updates.
• Structuring and Organization:
• Establish and streamline the Finance Department with a focus on FP&A (Financial Planning & Analysis), General Accounting (GA), Budgeting & Cost Control (B&CC), Internal Audit (IA), and Taxation & Law (T&L).
• Develop and implement Standard Operating Procedures (SOPs) and ensure strict adherence.
• Facilitate seamless coordination between the Head Office (HO) and Plant-level operations.
• Strengthen financial operations at the plant level to ensure uniformity and efficiency.
• Operational Excellence:
• Develop and refine processes to achieve maximum efficiency and effectiveness.
• Ensure compliance with established processes and operational guidelines.
• Take ownership of daily voucher approvals and financial documentation for all companies.
• Conduct daily planning, maintain a personal diary, and review team planning files.
• Process Improvement:
• Drive new initiatives to enhance departmental capabilities.
• Act as a bridge between the Finance Department and senior management, ensuring effective communication and alignment.
• Strategize and execute plans for receivable management and plant/store compliance.
• Reporting and Compliance:
• Check and discuss debtor collection movement and negative contribution reports with directors. Review ECGC declarations and related reports and correspondence.
• Verify cash payments to partners and oversee bank reconciliation statements and stock statements.
• Team Leadership:
• Provide supervision, guidance, and mentorship to team members.
• Identify training needs and impart necessary skills to the team.
• Develop a succession planning framework to ensure continuity.
• Team Development:
• Foster a culture of collaboration and teamwork.
• Conduct performance evaluations and map individual/team performance through PMS.
• Conduct interviews for finance candidates and guide policy formulation.
• Meetings and Collaboration:
• Prepare for and attend F1 team meetings, director finance meetings, and inter-departmental sessions.
• Participate in HR fostering, training, and team-building activities.
• Plan and execute plant visits for finance-related oversight.
• Investment Planning:
• Evaluate and recommend investment opportunities aligned with organizational goals.
• Analyze market trends and financial instruments to optimize returns.
• Develop and implement strategies for portfolio diversification.
• Coordinate with financial institutions for investment planning and execution.
• Monitor and manage the performance of investments to mitigate risks.
• IPO Planning:
• Evaluate and recommend investment opportunities aligned with organizational goals.
• Analyze market trends and financial instruments to optimize returns.
• Develop and implement strategies for portfolio diversification.
• Coordinate with financial institutions for investment planning and execution.
• Monitor and manage the performance of investments to mitigate risks.
• Taxation – GST /I-Tax in Mining:
• Ensure compliance with GST regulations specific to the mining sector.
• Prepare and file accurate Income Tax returns for the organization.
• Manage GST input/output reconciliation and address discrepancies.
• Collaborate with tax consultants to minimize liabilities and resolve disputes.
• Stay updated on tax legislation changes affecting the mining industry and implement necessary adjustments.
• Strategic Oversight:
• Conduct policy and procedure reviews, including JD preparation and distribution.
• Facilitate and monitor team minutes and prepare MOMs for meetings.
• Collaboration:
• Collaborate with SIL/SMPL/RJ Engineering and handle related tasks.
• Coordinate with the US team, external stakeholders, and intra-departmental teams.
• Ad-Hoc Duties:
• Perform tasks as assigned by senior management.
• Attend scheduled picnics and team-building activities.

Required Skills

• Strong communication skills (written and verbal).

• Strong understanding of Finance & Taxation.
• Proficient in Liaison, negotiation and presentation techniques.
• Ability to lead team and collaborate with Management for organizational decision.

Required Qualification: - CA Only

Salary :- Upto 18.00 LPA

If you are interested for this opening please send updated resume on same mail with following details.

Total No. of Years Experience :-

Current CTC :-

Expected CTC :-

Notice Period :-