Executive Finance

Location: Mandideep, Bhopal

The role is responsible for billing and month-end closing including end to end financial reporting for  Mandideep plant / 3 P operations with the objective of ensuring accurate billing and month end closing within the guidelines developed by the DGM Finance for all operations including 3P operations.

Major Duties/Responsibilities: 

Bill Preparation and Stock Reconciliation

• Create, verify, and file bills of material (for raw material and packaging material) for production.
• Create, verify and file bills of material for all 3P production across all contractors in Mandideep plant
• Create and send invoice for processing charges to 3P production customers
• Verify payments received from 3P production customers
• Load and update all BoMs in SAP for products as well as 3P production

Reporting & Review

• Verify, create and share the below MIS reports with Plant Head and relevant stakeholders for review:
• Stock matching and reconciliation
• Daily reports in case of 3P vendors
• SKU wise freight cost
• Scrap sales updation
• Production plan variances of RM / PM
• 3P expenses bifurcation
• Customer wise AOP sales & production
• Monthly report of opex and capex of budget v/s tracked
• Any additional report requested

Audit Support (Internal and External)

• Support in statutory and tax audits by creating schedules, providing documents as and when necessary
• Conduct physical verification of RM / PM prior to month end, with the stores team
• Provide required documents / clarifications for income tax assessment and other tax audits

Coordination of Payments

• Prepare report for weekly cash flow for Mandideep Plant and share with supervisor for review
• Coordinate with GBS on payments made towards TDS, EPF and ESIC
• Verify and share mandatory approvals with GBS for processing payments towards water charges for the plant
• Verify and share mandatory approvals with GBS for processing payments towards electricity for the Mandideep plant
• Collect, review and share mandatory approvals with GBS for import related bill payments
• Verify and share mandatory approvals with GBS for monthly payments of TDS and quarterly ETDS return

Personal Capability Development

• Responsible and committed for the training and development plan for self  
• Be the ‘owner’ for continuous growth under the supervision of the DGM Finance

Key KPIs:

• Monthly FAR within month closing (days)
• Timely payment of TDS (days)
• % Audit compliance
• Time taken to create and send invoices (days)
• Days Payment Outstanding from 3P

Minimum knowledge, skills and abilities required to successfully perform major duties/responsibilities:

Knowledge:

• Chartered accountant, experience of 2+ years in plant finance accounting
• Deep understanding of cost and variable tracking
• Proficient in MS Office Applications (Word, Excel, PowerPoint, Visio, Access, Project,  etc.
• Excellent customer service skills including interpersonal communication skills, relationship management, collaboration skills, and teamwork skills

Skills

• Excellent oral and written communication skills
• Attention to detail and analytical
• Adaptive to fast and continuous change
• Ability to prioritize many tasks
• Professional and trustworthy
• Can work independently
• Effective communication, interpersonal skills, patience and persistence, ability to manage relationships with a wide range of internal customers and suppliers.
• Problem solving ability and the ability to exercise good business judgement in a fast paced autonomous environment.

Minimum Education and Experience Requirements

CA or CMA with 2 to 4 years of Plant FP&A experience

SAP knowledge and Excel is a must