Posted:1 week ago|
Platform:
On-site
Full Time
Job Summary: The Finance Manager is responsible for overseeing and managing the financial health of the company. The role involves managing accounting, budgeting, financial planning, cost control, compliance, and risk management. This role extends beyond finance and accounting to include responsibilities in Stores, Dispatch, Sales & Marketing, EXIM, Purchase and other related functions. Thee Finance Manager ensures accurate financial reporting, efficient working capital management, and adherence to regulatory requirements. Key Responsibilities: Manage and optimize working capital limits (fund-based and non-fund based), including cash credit, overdraft, and bill discounting (LCBD). Oversee and manage term loans and other long-term financing arrangements. Handle all aspects of Letters of Credit (LCs) and Bank Guarantees (BGs) related to import and export activities. Ensure compliance with all financial regulations, banking covenants, and company policies. Prepare and analyze financial reports, forecasts, and budgets to provide insights for decision-making. Liaise effectively with banks, financial institutions, and other external stakeholders. Implement and maintain strong internal controls and financial processes. Manage foreign currency exposures and hedging strategies. Support strategic financial planning and capital allocation initiatives. Develop, implement, and maintain robust costing systems (e.g., standard costing, activity-based costing) for manufacturing processes. Analyze product costs, overheads, and variances to identify areas for cost reduction and efficiency improvements. Control over accounts payable & receivable. Control over all government incentives i.e. RoDTEP , DDB , IGST Refunds etc. Financial activities related to EXIM. Develop and present robust Management Information Systems (MIS) reports to senior management, providing key financial insights and performance metrics. Other Cross Functional Works. Qualifications & Skills: Chartered Accountant (CA) / CMA / MBA - Finance qualification is mandatory. 5+ years of post-qualification experience in corporate finance, financial management, preferably in a manufacturing company. Strong knowledge of financial accounting, taxation, and cost management. Expertise in financial planning, budgeting, and forecasting. Experience with ERP systems (Microsoft Dynamics Business Central 365, Microsoft Dynamics Navision, etc.). Excellent analytical, problem-solving, and leadership skills. Strong understanding of compliance and regulatory frameworks. Ability to work collaboratively with cross-functional teams. Key Performance Indicators (KPIs): Accuracy and timeliness of financial reporting. Cost reduction and profitability improvement. Compliance with statutory and internal audits. Efficiency in working capital and inventory management. Sales margin and credit risk management. EXIM compliance and cost efficiency in international transactions. Job Types: Full-time, Permanent Pay: Up to ₹1,200,000.00 per year Benefits: Food provided Health insurance Life insurance Provident Fund Schedule: Day shift Fixed shift Supplemental Pay: Yearly bonus Ability to commute/relocate: Anand, Gujarat: Reliably commute or planning to relocate before starting work (Required) Education: Bachelor's (Required) Experience: Corporate finance: 5 years (Required) License/Certification: Chartered Accountant (Preferred) Location: Anand, Gujarat (Required) Work Location: In person Application Deadline: 10/06/2025 Expected Start Date: 01/07/2025
Vidya Wires
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Appliances, Electrical, and Electronics Manufacturing
201-500 Employees
11 Jobs
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