Sr. Manager /- A G M - Finance & Accounts

Maintaining monthly/quarterly closure of books of accounts on last working day of the month and provide accurate

EBITDA & PAT to Management before 02nd of subsequent month.

• Quarterly audited closure of books latest by 15th of subsequent month.

• Formulating annual financial statements latest by 30th May each year as per relevant accounting standard (Ind As) and

without any qualification in the audit report.

• Formulating and Implementing Monthly, Annually Budget and Report variance to management.

• Coordinating with statutory, internal and concurrent auditors for timely completing the audit.

• Preparing and Presenting Monthly MIS to Management on 02nd day of subsequent month after matching with Trial

Balance.

• Presenting monthly MIS like Profit and Loss location and Product wise, EBITDA variances, Expenses wise Variances,

CBM/MT wise cost Variances, Costing of each product, and Plant MIS vs. Finance MIS with variance etc.

• Closely working with Bank for Working Capital and Other business financial matters.

• Closely monitoring with costing team for daily Cost sheet to meet the market NRV.

• Steered overall accounting operations and audit for the organization including Accounts Payable, Accounts Receivable, Costing,

Taxation, Collections, contract compliance, disbursements, fixed assets ,Cash Flow and inventory.

• Streamlined the department infrastructure, which improved productivity and efficiency as well as developed the Excel

estimation workbook which eliminated costly estimation errors and improved profitability

• Established and implemented internal control disciplines throughout the region to maintain integrity and accuracy of financial

reports

• Ensuring revenue & establishing control to curb malpractices and prevent frauds

• Reviewing that payments are made as per budget and variances are reported to the management

• Facilitating collection process, and maintaining strong Credit Controlling in the Account Receivable Part and

approving credit after verifying company policy.

• Confirming that all compliance should be followed in the time being that all the returns are filled and challans are

submitted on time I.e. Excise, TDS, Service Tax, VAT & GST etc.

• More focus on closing all the Pre-GST part I.e. all the state Assessment (VAT) and Audit (Excise/Service Tax) and to

ensure to take correct Input credit on GST.

• Spearheading expense administration and attaining cost efficiency and effectiveness

• Working towards attaining zero leakage like goods received in Plant/Office as per PO, purchase requisition, quotation,

comparison sheet etc. as per the SOP.

• Directing valuation of inventory as per FIFO method and physical stock verification on 1st of every month; doing comparison

and reconciliation with Navision/SAP (ERP) with Actual Physical Stock and reporting any variances to management

• Liaising with Production, Billing, Store SO/DO, Marketing and Dispatch team for timely & adequate stock level and

customer satisfaction and with Plant team for maintenance of reorder, minimum/maximum stock Level in Plant

• Following practices and policies & SOPs of various critical activities in the function

• Leading smooth transition to ERP environment

• Identifying cash flow position to make sure that there are no cash deficits and conducting daily closure of duly audited

cash book

• Regularly follow up with Collection/AR team for speed up collection and more focus on Inactive and Legal customers

and make strategy for recovering default amount.

• Recommending necessary legal action in case of cheque bounce, default from customer side like Sec.138 NI Act,

Summary Suit or Civil Suit, NCLT/Winding up petition etc.

• Ensuring reconciliation with vendor, customer & distributors have to be done as per SOP.

• Finance Tools : - Microsoft NAV, TRPS, SAP (FICO), Tally

• Software Skills : - Advanced MS Excel, Word, PowerPoint