Manager -Finance

Job Summary:

We are seeking a highly analytical and detail-oriented professional to manage the company's Management Information Systems (MIS), budgeting and costing processes, and banking operations. The ideal candidate will be responsible for preparing accurate financial reports, analyzing cost data, managing budgets, and maintaining strong banking relationships to support operational efficiency and financial health.

Key Responsibilities:

1. MIS (Management Information System)

• Design, develop, and maintain robust MIS reports for various departments including production, sales, procurement, and finance.
• Ensure timely generation of daily, weekly, and monthly dashboards for senior management.
• Analyze variances between actual and budgeted financial results and present insights.
• Automate and streamline reporting processes for efficiency.
• Coordinate with IT/ERP team for report development and integration into ERP systems.

2. Budgeting

• Lead the annual budgeting process in coordination with department heads.
• Prepare rolling forecasts, long-range plans, and scenario-based financial models.
• Monitor budget utilization across departments and provide variance analysis.
• Identify cost-saving opportunities and support budgetary control initiatives.
• Ensure compliance with internal budgetary guidelines and approval processes.

3. Costing

• Monitor and evaluate product costing, standard cost updates, and variance analysis.
• Analyze raw material, labour, and overhead costs, and suggest cost optimization strategies.
• Support in setting and reviewing product pricing based on cost structures.
• Work closely with production and inventory teams to maintain accurate cost data.
• Conduct periodic cost audits and implement corrective actions.

4. Banking & Treasury Management

• Oversee daily banking operations including fund transfers, LC/BG issuance, bank reconciliations, and payments.
• Maintain strong relationships with banks and financial institutions.
• Prepare & Monitor cash flows, working capital, and optimize fund utilization across units.
• Support loan processing, interest rate negotiations, and compliance with financial covenants.
• Ensure timely submission of required reports and documents to banks.

Qualifications:

• Education:

  CA / CMA / MBA (Finance) or equivalent.

• Experience:

  812 years of relevant experience in manufacturing industry.
• Proven expertise in budgeting, costing, MIS reporting, and banking functions.
• Strong working knowledge of ERP systems (SAP) and MS Excel (advanced).
• Experience in managing financial audits, cost control, and financial planning.

Key Skills:

• Financial analysis and reporting
• Budgeting and forecasting
• Cost control and variance analysis
• Cash flow and fund management
• ERP systems & Excel proficiency
• Stakeholder communication
• Attention to detail and problem-solving skills
• Team management and leadership

Personal Attributes:

• Strong analytical mindset and strategic thinking
• Excellent communication and interpersonal skills
• High level of integrity and professional ethics
• Proactive, with a hands-on approach to problem-solving
• Consistently delivers work on time by effectively managing deadlines.

Working Conditions:

• Full-time, on-site role
• May require occasional travel to factory units, banks
• High collaboration with cross-functional teams including Production, Procurement, and Sales