Financial Planning and Analysis Manager

Working Days

Godrej Tooling

In 1935, Godrej Tooling was established. A tool room, that was the most advanced in India for its time. The big idea behind this was to encourage the indigenisation of machine tools. This forward-thinking vision, coupled with the highly skilled expertise of the tool room, were the reasons why Godrej & Boyce got the first order to manufacture satellite components for ISRO.

Over the years, Godrej Tooling has retained its position as a key player in the design and manufacture of tools and tooling equipment. The business manufactures custom-built, high-quality tooling that caters to a broad cross-section of players across industries. The business has expertise in industrial machines, pressure dies, casting dies, press dies, die casting dies, thermo-compression moulds, complex and large-sheet metal tooling for auto panels, and progressive dies.

Godrej Tooling is a systems-driven organization, eager to learn and experiment keeping abreast of the latest technology platforms, software and manufacturing processes. Its commitment to innovation ensures that even today, the business is among India's most advanced tool rooms, and proudly serve customers such as Honda Cars & Motorcycles, Toyota, Suzuki, Mahindra & Mahindra, Tata Motors, Caparo, and Valeo.

KRA:

1. Financial Planning & Analysis

2. Cost Management

3. Financial Accounting

4. Compliance with Cost, Statutory and Tax Audit guidelines

5. Enterprise Risk Management

Financial Planning & Analysis

• Build Annual and Strategic Business Plans for the Division in collaboration with all Departments. Prepare rolling Plans and Annual operating plans.
• Build Monthly Working capital, Cash Flow plans for each LoB.
• Weekly projection of Best Estimates.
• Analysis of Monthly MIS, along with in depth reasoning for variances for presentation to Management.
• Support Department head in preparation of BOD Decks for quarterly presentation to Management.

Financial Accounting & Audits

• Revenue recognition in accordance with Accounting standard Ind AS 115 through POC methodology
• Financial evaluation of CAPEX Proposals given by the Operations team.
• Timely Account reconciliations by reviewing the Trial Balance.
• Controlling inventory through reconciliations, stock taking, variance analysis, frequent audits, etc.
• Monitoring Collections, perform review of Debtors ensure accurate computation and provisioning for Doubtful Debts.
• Ensuring timely completion of Internal, Statutory and Tax audit and prompt resolution of queries.

Cost Management

• In depth analysis of Project wise profitability including analysis and presentation of variances against Budget.
• Provide support to Business teams for decision making along with financial evaluation of Go-No Go scenarios
• Support Sales and Marketing in Estimation project cost for Tendering.
• Coordinate with Cost Auditors and ensure timely compliance with all Cost Audit standards.
• Preparation of Cost Audit reports.

ERM, Compliances and Capability Building

• Provide Inputs and co-ordinate for Enterprise Risk management assessment to be carried out periodically, find out Risk owners & map their mitigation plans.
• Process optimization and capability building of team.

Qualification – CA/CMA

Experience – 2 years of relevant experience