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FMCG

  • Dhanusa
  • Views: 69
  • Deadline: 31st July 2024 ( 7 days left (s) )

Finance Executive

Job Description

Roles and Responsibilities :

  • Develop, implement, and maintain financial models to support budgeting, forecasting, and long-term strategic planning for the factory.
  • Analyze financial performance against key metrics, identify trends, and provide actionable management insights.
  • Monitor and report on variances between actuals and budgets, and recommend corrective actions as needed.
  • Oversee cost accounting activities to ensure accurate costing of products and efficient allocation of resources.
  • Collaborate with operational teams to identify opportunities for cost reduction and process improvement.
  • Implement cost control measures and monitor their effectiveness over time.
  • Prepare timely and accurate financial reports, including monthly, quarterly, and annual financial statements.
  • Ensure compliance with relevant accounting standards, regulations, and internal policies.
  • Present financial results to senior management and provide explanations for key variances and trends.
  • Manage inventory valuation and reconciliation processes to ensure the accuracy and reliability of inventory data.
  • Work closely with the supply chain and production teams to optimize inventory levels and minimize carrying costs.
  • Develop and implement inventory control procedures to prevent shrinkage and obsolescence.
  • Forecast cash flows and manage liquidity to meet operational needs and financial obligations.
  • Monitor accounts receivable and accounts payable to optimize working capital and minimize risks.
  • Implement cash management strategies to maximize returns on surplus funds and minimize borrowing costs.
  • Ensure compliance with taxation, legal, and regulatory requirements related to financial operations.
  • Coordinate with external auditors and regulatory agencies to facilitate audits and inspections.
  • Develop and maintain internal controls to safeguard assets and mitigate financial risks.
  • Recruit, train, and mentor a team of finance professionals to support factory finance operations.
  • Foster a culture of accountability, collaboration, and continuous improvement within the finance team.
  • Provide guidance and support to team members, and promote their professional growth and development.

Skills

  • Accuracy

Job Specification

Requirements:

  • Qualification - MBA/MBS/CA
  • Experience - A minimum of 3 Years.
  • Proven experience in Accounting & Finance, preferably in the manufacturing industry.
  • Knowledge of Auditing & Taxation
  • Excellent communication, presentation, and interpersonal skills.
  • Creative thinking and problem-solving abilities.
  • Ability to multitask and work in a fast-paced environment.

 

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Job Overview

Offered Salary

Not Disclosed

Gender

Male / Female

Career Level

Industry

Consumer Products / FMCG

Experience

More than or equal to 3 Year

Qualification

Masters

Number of vacancy

1