Manager - LMM F&A [PD Accounts]
Mumbai A.O, MUMBAI-KND-AD, IN
Responsibilities & Key Deliverables
- Develop business case for new product programs alongside PP & PD teams.
- Work out projected volumes, market share, pricing, material cost, supply chain costs, applicable incentives, R&D investment to assess the profitability & cash flows.
- Capex Controllership for the company. · Partner with CME, Asset Management and Plant F&A teams to verify business case / justification for recommended CapEx for capacity expansion and procurement of new machinery.
- Oversees deployment of such non-PD CapEx · Evaluate business case versus actual utilization & highlight any discrepancies to the relevant stakeholders
- Consolidation of Budget from Platform team and submission to corporate team
- Monitoring PD Project budgets and project spends/ establish controls & governance in these areas.
- Working with the project teams on material cost reduction initiatives.
- Coordination with CPE, Corporate Finance etc for investment approvals.
- Provide assistance in legal drafting of Consultancy Agreements – discussion with project team, foreign consultant and resolving commercial conditions/ taxation / other legal issues such as IPR, Arbitration, Cancellation, Conflict Resolution etc
- Preparation and submission of meaningful Project MIS. · Capex / Revenue Budget – coordinate with users, scrutiny & summarization of proposals, coordination of approval.
- Handling Risk Assessment of projects, coordinating forex payments, Economics, Taxation aspects.
- Ideation and coordination of IT dashboard development, automation of process, documentation of various internal process, ensure appropriate internal controls etc.
- Any other matters related to project Accounting and general Accounting.
Experience
Industry Preferred
Qualifications
C.A
General Requirements
Technical Know-how Must Have: - Knowledge of F&A, Accounting standards, Evaluations, Revenue recognitions, Financial statement analysis and projection and other financial concepts · Keep well-informed of developments and best practices in the F&A field · Understanding of taxation laws applicable · Understands the Company Law requirements and keeps abreast of the changes in the compliance requirements. Additional Know-how Required ·Understanding business situation and the long-term market dynamics · Up to date with latest production management & product development best practices and concepts
Behavioral Competencies - Strong communicator and collaborator · Excellent analytical and problem-solving skills ·Able to work comfortably under pressure and meet tight deadlines · Strong negotiator with the ability to negotiate at all levels Critical Experience · Demonstrable experience in Controllership role and PD Finance. · Should have worked in Consolidation roles and Financial reporting · Well versed with Direct Tax Laws
Job Segment:
Production Manager, Manufacturing