Chief Financial Officer

About the Company

At IPL Biologicals Limited, we believe in a sustainable future. Our indigenous microbial-based solutions improve soil health, crop yield, and quality while managing pests and residue. Since 1994, we have been pioneering sustainable agricultural practices by innovating biological solutions to create a better world for generations to come. Our story is of growth, resilience, and a relentless commitment to fostering food quality and safety based on our key principles:

• Prioritize safe and sustainable farming practices.
• Use Integrated Nutrient and Pest Management for balanced soil and effective pest control.
• Reduce chemical substances with microbial-based solutions.
• Care for the planet and customers’ well-being.

Skills Must Have:-

• Effective Budgeting & Planning
• International Transaction
• Schemes & Balance sheet reviewing & presentation
• Strong understanding of ERP & project management
• Should have experience of International Transaction
• Experience in Agri Input Sector or FMCG preferred

Responsibilities

• Evaluate, and potentially design/redesign and implement the Company's risk management, financial, accounting and reporting processes and supporting systems, ensuring world-class financial administration.
• Drive in a hands-on manner the full array of financial functions including taxation, treasury, cash management, working capital management, corporate finance, control, audit, financial planning and analysis, ERP exploitation and MIS.
• Managing overall GL accounts, costing, budgeting, Balance Sheet reviews & Financial Modelling and BI tools. Knowledge of Power BI would be of advantage.
• Review and take ownership of the underlying Financial Statements of the company, lead the statutory audit finalization and handling routine monthly, quarterly and annual compliances.
• Advise the Senior Management on the financial implications and risks related to key issues and important strategic decisions; keep all relevant stakeholders posted, on a timely basis, regarding ongoing financial condition of the organization.
• Should have very good knowledge of Product costing and Product Schemes.
• Analyze the trends of Key Performance Indicators (KPIs), especially relating to financial metrics such as sales, expenditures, and profit margin.
• Manage the finance and accounts matters, MIS, Cost Optimization, General and Project Procurement, Supply Chain Management, Warehousing and Store Management.
• Preparing operating annual budgets & reporting relating to Sales, GP, expenses and profitability in ERP.
• Executing budgetary control, steering development of capital expenditure budget along with analysis & reporting of financial viability of new projects, capitalized items and spending.
• Approaching banks, negotiating term-sheets, finalizing loan documents, security creation, ensuring disbursements etc.
• Monitoring control over Accounts Receivable through establishing effective billing including review of open purchase orders, credit approval and proper system report generated for collection and appropriation process.
• Performed budget control exercise to ensure all costs incurred as per budget.
• Reviewed overhead spending, variance analysis, recommended corrective action & followed up of remedial action.
• Research revenue opportunities and economic trends, analyse internal operations, and identify areas for cost reduction and process enhancement.
• Must have hands on experience on ERP & further can evaluation & implementation new software as per business requirement.
• All notices, demands, assessments, representation in front of authorities for IT, GST, ST, VAT, Excise.
• Effective Tax Planning as per Enterprise requirements.
• Representation with authorities, liaison with Consultants. Imports/Exports/RBI / International Transactions.
• Inventory control, Balance Sheet, MIS & Reporting, Budgeting, Trade Mark.
• Designed & implemented systems, policies & procedures to facilitate internal financial and process controls & cost management; ensured effective liaison and completion of internal, statutory and external audits.
• International Transaction structuring in tax efficient manner along with Tax Planning, optimization and Risk management.

Required Skills

• Will be responsible for all activities of Budgeting, Controlling, Balance Sheet, Team Handling, International Transactions & Schemes.