Finance Associate

6 - 10 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You will be a Finance Associate within the Operations Team, where you will play a crucial role in supporting financial management responsibilities and conducting financial analysis activities for various projects. Your primary focus will involve monitoring project budgets, analyzing budget versus actuals, and mitigating financial risks. Your interactions will be with other supporting functions and stakeholders, primarily with a concentration on Operations Teams. Your key responsibilities will include developing and maintaining project budget trackers, responding to internal and external requests for financial assistance, closely monitoring project deliverables, and establishing and implementing internal control systems for project finance to safeguard assets, prevent fraud, ensure compliance with regulations, and maintain accurate financial records. You will also be accountable for budgetary control, cash flow management, financial analysis of projects, compliance with regulatory and statutory requirements, and management reporting including tracking project KPIs and reporting variances to management. Additionally, you will handle and coordinate various audits, CWIP review, capitalization of fixed assets, and maintenance of adequate documentation. To excel in this role, you should possess the following related work experience and qualifications: - Proficiency in managing project finance operations for a manufacturing project - 6-10 years of experience in finance functions - Exposure to FMCG manufacturing setups with projects execution in a similar industry - Experience in financial modeling, tracking financial risks, coordinating audits, and management reporting Preferred qualifications for this role include: - CA or Post Graduate Degree in Business Finance/Accounting - Good knowledge of SAP and BI, MIS, and reporting - Exposure to FMCG environment and manufacturing areas would be advantageous Please note that the Annual Incentive Reference Value Percentage for this position is set at 10%. This value represents a market-based competitive benchmark for your role, positioning performance at target within the range.,

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