Finance Manager

Job Description

Role & responsibilities: 1.Develop and maintain accurate cost models for products, services, and operations. 2.Analyze production costs, cost trends, and variances to identify cost-saving opportunities. 3.Monitor and review cost structures to ensure competitive pricing and profitability. 4.Monitor the actual performance against budgeted/Standard costs, explaining significant variances. 5.Prepare detailed reports on cost of goods sold (COGS), overheads, and other key financial metrics. 6.Report on product margins, inventory valuations, and cost control performance. 7.Develop and present cost reports for senior management and key stakeholders. 8.Work with the supply chain and operations teams to ensure accurate product costing and inventory management. 9.Identify and recommend cost-saving initiatives and efficiencies in production, supply chain, and other operational areas. 10.Prepare accurate and compliant consolidated financial statements following Indian Financial Reporting Standards. Added advantage will be Knowledge of IFRS, US GAAP, 11.Responsible for analysis of financial data & preparation of financial reports, 12.Month end closing, outlook/forecasting, reporting & business planning for production related cost KPIs 13.Oversee the risk assessment process to identify key controls and areas of financial reporting risk. 14.Supervise the testing of key internal controls, including financial reporting and operational controls, to ensure they are designed and operating effectively. 15.Review and document control processes, ensuring all control activities are properly documented in compliance with SOX requirements. 16.Working capital management, inventory management, Asset management, Intreact with business counter parts for production 17.Support development for MiS & Data warehous /Data management systems 18.Working Knowledge of controlling to support the Business Process 19.Working Knowledge Cost Element and Cost centre Accounting 20.Working knowledge of indirect taxation Functional Skills: 1. Advance knowledge of EXCEL 2. SAP FICO Module 3. Knowledge of SOX