Job Description

Brief about the CompanyEstablished in 1961, over last six decades It has established itself as a global leader in the Automotive Component industry as well as niche Hospitality Business with an annual turnover of $1.5 billion USD with an employee base of 15,000. On the Automotive Component side - the group has 20 companies of which 15 are JVs with global majors in automotive components and systems. The companies render the most technologically advanced products and solutions in ride control products, drive trains, synchronizer rings, climate control products, engine cooling products, brake systems, sealants, additives, car care products, safety products, steering wheels, and electric power steering wheels.Name of the clientLeading Automotive Component IndustryPositionManager \xe2\x80\x93 Plant FinanceLocationKhandsa HaryanaExperienceWorking Capital Management, Inventory ManagementYears of experience9 to 12 yearsAgeBelow 40 yearsCandidate Profile

• He will also have substantial knowledge and understanding of financial Statements.
• Possess excellent communication skills with an ability to interact with all

levels across the organization

• Knowledge of Excel & SAP is must.

Job Responsibility: -Responsible for overseeing the entire financial activities at the plant level.

• Preparation of working capital forecasts in coordination with other department heads at the plant

• Ensure accurate accounting of inventory (raw material, work in-process, waste and finished goods) for managing future forecasting and working capital management

• Review the budget versus actuals and highlight any discrepancies to the Plant Head

• Ensure effective utilization of funds at plant level

• Review daily and monthly detailed variance analysis on conversion cost and investigate for resolution

• Support the BU Head in inventory costing, NPD costing and price variance at various levels on a regular basis

• Proactively scrutinize and identify potential for cost savings

• Monitor process improvement along with GST implementation as per changing norms, ensure identification & implementation of savings in supply chain

• Monitor tax registration, tax compliance and minimize / maximize tax payments / recovery and all related analysis & support

• Ensure compliance with all the statutory provisions and liaison with various statutory bodies for various sanctions and permits.

• Ensure timely financial reporting / MIS in terms of Product profitability, customer profitability, red parts reporting and quarterly financials etc

Cost to company: 15 LPA(Fixed+Variable)

Ciel HR