Observe, monitor and suggest corrective action in respect of achievement of business plan as measured Have complete grasp and control over all the key parameters, achievement of which will directly impact positively the business plan
Define specifications and critical parameters for Business Plan
Define reporting and alerting procedure in case there is any variances to the Business Plan
Work closely with Business/Department Head to optimize and enhance Business Plan/Targets
Help design, document and maintain system processes to ensure achievement of Business Plan
Regularly/periodically check and evaluate performance of all the Business/Department Head
Make corrective actions to resolve the variances and ensure achievement of Business Plan
Communicate key insights and findings to Management
Initiate and drive Annual budgeting exercise to prepare Annual Business Plan and Annual Operating Plan (AOP) and Execute month on month to achieve Business Plan
Preparing short term / long term budgets for all SBUs and departments and design business plans / strategies.
Preparing & implementing management information system, financial policies & standard operating procedures pertaining to business plan
Monitor business growth and revenue as per the Business Plan and Inform Management time to time about Financials results of comparison between business plan vs actual performance,
Perform regular cost analysis of RML, BOM items, fuel and other factors effecting pricing of pure lead and lead alloys.
Monitor projected cost vs actual cost and share variance report.
Conduct regular raw materials costing analysis and ensure right inventory in plants as per the inventory guidelines and working capital plan
Determining financial objectives of Business Plans
Develop financial and tax strategies to optimize financial resources and contributes in bottom line
Develop performance measures that support the company's strategic direction
Help in planning working capital in such a manner that there should be continues flow of funds to keep business momentum
Identify different cost optimization process and work with cross functional team to increase gross margin of products for to better profitability
Help in pricing of product which should be competitive and give higher gross margin
Develop and share format for MIS from different Business/Department Heads
Collect and consolidate MIS from different Business/Department Heads
Prepare and present weekly/monthly MIS of the company's key financial and operational metrics.
Provide adhoc financial reports pertaining to business plan, as sought by management for their review.
Preparing short term / long term budgets and designing business plans / strategies
Determining financial objectives, preparing & implementing management information system, policies & Standard Operating Procedures (SOP) and reporting variances to facilitate internal financial control
Drive compliance with internal financial and accounting policies and procedures and ensure that there are no accounting and control weaknesses
Monitor that necessary documents and records are accurately maintained at all locations as per statutory requirement
Preparation of all supporting information for the internal and external audits
Monitor the audit and liaise with auditors to ensure that audits are completed as per schedule and all queries raised are responded to the satisfaction of auditors
Drive and ensure post audit action plans are implemented to address audit observations / non-conformances if any
Ensure ongoing assessment of company risk profile and drive risk mitigation measures
Focus proactively on tax planning activities and ensure timely & accurate filing of statutory returns, replies to statutory authorities and completion of tax assessments
Ensure balanced Board structure, Corporate structure, holding and subsidiary structure like to Change in Shareholding Pattern, Appointment of New Directors, Change in Directorship holding, Investment in Subsidiary
Getting e filling of forms within time, maintaining mandatory statutory registers, charge filling like AOC - 4, MGT - 7, MGT - 8, ADT - 1, MBP - 1, CHG -1, 3, E forms - As & When
Ensure filling of various E forms and XBRL filling of statutory audit report, cost audit report & Annual return
Maintaining minutes of the meetings, ensure audit of statutory records, ensuring related party transactions, loan, investment as per Companies Act, 1963
Financial Analysis & Business Performance Improvement
Prepare and publish monthly MIS of the company's key financial and operational metrics. Provide adhoc financial reports as sought by management for their review
Review and monitor business performance by comparing actual vs. budgeted targets, derive insights
Drive requisite measures to reduce gaps in performance vs. plan to achieve / improve profitability
Supervising the preparation of consolidated accounts
Presenting a true and fair view of the financial position of the company by way of timely preparation of annual reports ensuring analysing the expenditure on a monthly basis
Ensure Implementation of accounting policies and processes in as per generally accepted accounting principles and regulatory requirements
Ensure establishment and monitoring of internal control safeguards
Ensure timely and accurate consolidation of accounts and financial reporting
Forecast cash flow positions, related borrowing needs, and available funds for investment.
Maintain Banking Relationships and arrange financing and engage in negotiation of interest rates with financial institutions.
Liaison with Senior Officials of Banks, Financial Institutions, Finance Companies, Government officials and managing key relationships.
Arrange for Term Loan and Working Capital Borrowing requirement for the parent company and Group Companies.
Ascertain credit worthiness of customers by checking customer's credit ratings with banks and deciding whether or not to offer the credit.
Ensure FEMA Compliance for ODI (Overseas Direct Investment) through automatic route.
Adhere strictly to the internal customer Service Level Agreements
Ensure all the team members are following SLA (generating and closing requests) religiously
Ensure all internal customer Service Level Agreements are adhered
Ensure all SLA tickets are regularly generated as and when required by the defined SOPs and procedures
Attending all SLA tickets regularly and closing them within the SLA timeline after providing service
Build harmonious and conducive working environment with zero tolerance for any unethical, indiscipline or unrest in Team
Motivate, monitor and manage team in a high Growth environment
Ensure everybody has defined KRAs and KPIs to provide better role clarity and performance measures
Close monitoring of team performance and pro-actively design to enhance their productivity through Training & development
Instilling company values & behaviors as demonstrated habits in the organization
(ref:iimjobs.com)
Seniority level
Executive
Employment type
Full-time
Job function
Accounting/Auditing
Industries
Manufacturing, Apparel Manufacturing, and Fashion Accessories Manufacturing
Referrals increase your chances of interviewing at Pilot Industries Ltd by 2x
