Career Opportunity @ Varroc Group | Finance Analysts | Pune

Role & responsibilities

Monthly review of financial impact of operations

• Preparation & compilation of data for MIS Review, operations Review and stakeholder follow up for closure of open points related to finance
• Perform monthly profitability forecasting for BU to be provided to senior leadership/ management
• Conduct monthly review of Financials (with previous month, previous year and budget) by thorough study of material cost deviations, month on month trend of FC and VC, one timers in P&L, other income and other key impacts
• Review matching of Supply Chain and BD provisions for all the plants at end of each month to ensure completeness of RM back to back.
• Analyze and establish future trends in EBITDA, profitability, Fixed Cost, Variable cost etc. and ensure P&L correctness
• Conduct monthly analysis of P&L, Inventory Days, Accounts Receivables, Accounts Payable, ROCE, Capex for Senior Management Review
• Prepare monthly dashboard and address any specific queries raised by stakeholders
• Address finance related concerns raised by other functions driven through BU Finance team
• Provide financial data/analysis with recommendations to other BU functions specific to their requirements
• Coordinate with PM team BD team and other stakeholder for pending recoveries from customers
• Establish a steady run rate (baseline profitability) at a fixed level of sales and breakeven for loss making plants

Monthly Financial Closing for all Plants

• Review of all plant P&L s before month closure and address accounting & one timer related issues
• Review with plant finance controllers for monthly collation of financial data at BU Level

Annual Budgeting Exercise

• Conduct yearly plant budgetary reviews for all plants
• Ensure that Budget is based on the guidelines from corporate finance

Special Projects

• Analyze and recommend for key projects of BU Head
• Execute key initiatives at BU level by coordinating with other functions
• Assisting other function in projects undertaken by them