2 Jobs in Mauda, Nagpur, Maharashtra

1. Strategic Financial Planning & Policy Development: · Develop and implement long-term financial strategies aligned with business goals. · Design financial policies ensuring sustainability and competitiveness. · Participate in annual business planning, budgeting & forecasting exercises. · Regularly review policies to adapt to market changes and cost dynamics. 2. Budgeting & Forecasting: · Lead annual budgeting process covering revenue, cost, capex. · Prepare rolling forecasts to adapt to market volatility. · Coordinate with operations, procurement & sales for realistic inputs · Monitor variances & implement corrective measures. · Present budget performance to management & board 3. Cost Control & Cost Reduction Initiatives: · Identify cost drivers in raw materials, energy, logistics & overheads. · Lead cross-functional cost-reduction projects (e.g., energy efficiency, waste reduction). · Implement systems for real-time cost monitoring & variance analysis. · Benchmark costs with industry peers to identify improvement areas. · Optimize logistics and working capital requirements. · Identify wastage and initiate process improvement projects. 4. Fund Management: · Ensure optimal capital structure and fund utilization. · Monitor and plan daily fund requirements. · Arrange cost-effective borrowings and maintain lender relations · Ensure timely servicing of debt and interest · Plan long-term funding for expansion & modernization 5. Cash Flow Management: · Maintain healthy cash flow for smooth operations. · Prepare weekly and monthly cashflow forecast. · Prioritize payment based on criticality. · Improve receivable collections and reduce overdue. · Monitor daily bank positions and reconcile. 6. Working Capital Management: · Optimize inventory, receivables, and payables. · Track aging of debtors and creditors. · Coordinate with sales & SCM for faster realization. · Review slow-moving or absolute inventory. · Plan vendor payments to leverage credit terms. 7. Profitability Analysis: · Enhance profitability through analysis & cost initiatives. · Product-wise & customer-wise margin analysis. · Monthly profitability report and variance analysis. · Review energy, chemical & Pulp cost drivers. · Recommend price adjustment or process improvement. 8. Financial Reporting and MIS: · Provide accurate and timely financial information. · Monitor monthly P & L, Balance sheet and cash flow statement. · Develop dashboards for key operational KPI’s. · Automate reporting systems to reduce manual errors · Present financials to management and board 9. Compliance & Governance: · Ensure compliance with statutory & regulatory requirements. · Timely filing of GST, TDS, income tax & other returns. · Liaise with auditors, consultants & government authorities. · Ensure adherence to Companies Act, SEBI & local laws. · Conduct periodic compliance audits. 10. Cost Accounting & Process Improvement: · Strengthen cost accounting systems specific to paper industry. · Review process costing & absorption of overheads. · Analyze machine-wise production cost. · Implement process automation to track real-time cost. · Recommend technology investment for cost savings. 11. Internal Controls & Risk Management: · Establish & monitor robust internal control systems. · Identify operational & financial risks. · Implement SOPs for procurement, payments & approvals. · Monitor deviations & take corrective actions. · Conduct internal risk review meetings. 12. Treasury Operations: · Manage banking operations and relationships. · Optimize short-term surplus via deposits or mutual funds. · Evaluate forex exposures & hedge if needed. · Negotiate bank charges & facilities. Ensure proper utilization of limits. 13. Capex Planning & Monitoring: · Evaluate & monitor capital expenditure projects. · Prepare ROI & payback analysis for new projects. · Monitor actual vs budgeted project cost. · Review project cash flows and funding needs. · Report project status to management. 14. ERP & Digital Initiatives: · Strengthen ERP & digital finance systems. · Automate MIS, budgeting & approvals. · Train team to use ERP effectively. · Explore AI & BI tools for better analytics. · Lead digitization of vendor & customer payments. 15. Collaboration with Operations: · Align finance with production, SCM & sales. · Support production team in inventory cost control. · Joint reviews on raw material planning & consumption. · Participate in sales pricing strategy. · Advise on customer credit policies. 16. Tax Planning & Optimization: · Ensure tax compliance & plan for savings · Evaluate tax-efficient procurement & sales structures. · Manage export benefits, rebates, SEZ, etc. · Coordinate for tax assessments & appeals. · Update management on tax law changes. 17. Credit Control: · Improve debt collection & reduce bad debts. · Review customer credit limits periodically. · Monitor overdue & follow up for recovery. · Coordinate with sales team to resolve disputes. · Implement incentives for faster collections. 18. Payroll & Employee Cost Management: · Optimize payroll & manpower cost. · Review headcount vs productivity. · Control overtime & indirect costs. · Automate attendance & payroll processing. · Benchmark compensation with industry norms. 19. Statutory Payments & Returns: · Ensure timely deposit & filing. · PF, ESI, Professional Tax, Labour Welfare Fund. · GST, TDS, Advance Tax. · Excise (if applicable for chemicals/fuel). · Annual returns under Companies Act. 20. Insurance & Risk Cover: · Protect company assets & operations . · Evaluate and renew fire, machinery breakdown, transit, marine, etc. · Monitor to process insurance claims efficiently. · Review adequacy of coverage periodically. · Explore cost-effective group insurance plans. 21. Cost vs Standard Review: · Compare actual vs standard cost monthly. · Analyze deviations and reasons. · Initiate corrective actions with production & procurement. · Update standard cost annually. · Use findings to guide pricing & budgeting. 22. Stakeholder Management: · Maintain good relations with investors, lenders & partners. · Provide periodic business updates. · Ensure transparency & timely information. · Support investor presentations & meetings. · Address investor queries promptly. 23. Profit & Loss Accountability: · Take ownership for bottom-line improvement. · Review cost and revenue levers regularly. · Recommend strategic decisions for margin protection. · Monitor product mix and customer profitability. · Suggest management on market-driven pricing. 24. Strategic Sourcing & Procurement Support: · Support SCM in vendor negotiations & contracts. · Advise on import vs local purchase decisions. · Validate purchase cost impact on P&L. · Recommend vendor consolidation strategies. · Participate in large contract finalization. 25. Team Leadership & Development: · Build & guide finance & accounts team. · Define KPIs & review performance regularly. · Conduct training on compliance & systems. · Mentor team for succession planning. · Drive culture of accountability & ethics. 26. Sustainability & ESG Reporting: · Integrate financial view into sustainability goals. · Evaluate ROI on green energy or water saving. · Report cost impact of ESG initiatives. · Align financial reporting with ESG disclosures. · Support CSR project financials. 27. Strategic Planning Committee: · Contribute to long-term strategic initiatives. · Participate in annual business planning. · Advise on diversification & product development. · Conduct risk-reward analysis of new projects. · Present scenarios & sensitivity analysis. 28. Special Assignments & Projects: · Lead finance-driven transformation projects. · Mergers & acquisitions support. · Process re-engineering initiatives. · New product feasibility analysis. · Crisis cash management plans. Key Skills Required 1. Strategic Financial Planning & Fund Management – expertise in aligning financial strategy with business growth and managing cash flow & funding efficiently. 2. Cost Control & Profitability Analysis – deep understanding of process costing, raw material efficiency, and operational cost optimization. 3. Compliance & Risk Management – ensuring statutory compliance, tax planning, and establishing strong internal controls. 4. Leadership & Cross-functional Collaboration – ability to guide teams and work closely with production, procurement, and sales to drive financial discipline. Job Type: Full-time Pay: ₹150,000.00 - ₹160,000.00 per month Benefits: Provident Fund Experience: Financial analysis: 9 years (Preferred) License/Certification: Chartered Accountant (Preferred) Work Location: In person

Support to Management: Provide administrative assistance to senior management including scheduling meetings, preparing presentations, and travel arrangements. Maintain confidentiality of sensitive information Office Administration: Oversee and manage daily office operations to ensure a productive and organized workplace. Maintain office supplies inventory and place orders as needed. Coordinate maintenance of office equipment and factory facilities. Procurement & Vendor Coordination: Manage purchase requests for office and factory supplies. Liaise with vendors and suppliers for quotations, procurement, and payment follow-ups. Maintain purchase records and ensure timely deliveries Qualifications & Skills: Bachelor's / Master degree in Business Administration or a related field. 1-5 years of experience in administrative roles, preferably in manufacturing or industrial settings. Proficient in MS Office (Word, Excel, PowerPoint). Excellent communication and organizational skills. Strong attention to detail and multitasking abilities. Familiarity with factory operations and basic HR processes is a plus. Job Type: Full-time Pay: ₹15,000.00 - ₹20,000.00 per month Benefits: Provident Fund Work Location: In person