About the role

Job Title: Manager – Financial Analysis

Reports to:

Unit Finance Controller

Level/ Band:

MIL

BU/ Division:

Halol, Gujarat

Function:

Accounts & Finance

Sub Function:

FP&A

Reportee (Nos):

Years of Exp:

4-7 years

Qualification:

Role & Key Deliverables:

This position is to provide an effective Financial Accounting & Control for Manufacturing & Commercial function for Plant.

Essential Duties and Responsibilities:

General accounting & book closure:

Performing General Ledger Scrutiny & reconciliations on Monthly/Quarterly/Yearly basis
Ensuring compliance with Month End Check list for month end closure as per organizational requirement
Review & Booking of Accruals through close coordination with cross functional teams to ensure completeness & accuracy
Review & Booking of Prepaid expenses through close monitoring & regular updating
Ensure Balance sheet GL SL reconciliation for key GLs on Monthly/Quarterly basis

Statutory, Internal & other Audit Support:

Preparation of Balance Schedules in the format circulated by Central Audit team
Ensure that all schedules are tied up with GLs & necessary reconciliation provided
Providing necessary input for periodic internal audits & inspections
Coordination for Internal & external Physical Inventory verifications
Assessing & addressing various audit queries raised during Statutory/ Tax/ Transfer Pricing/ Physical Verification/ & departmental audits conducted by Internal/ External or departmental authorities

Management reporting, monitor and analysis:

Monitor expenses vs budget
Analyze variances between budget and actuals at all P&L line items including raw material and manufacturing overheads
Working capital tracking and reporting
Segment level/ Brand level profitability analysis and reporting
Preparation of monthly financial statements with analysis for management reporting
Preparation of annual budgets
Regular reviews with Plant Admin & Management team for control & improvements

Tax Compliance:

Validation of periodic returns data for GST/TDS/TCS or any other statutory return/information that required to be furnished as per requirement
Responding to tax notices/queries raised by various statutory authorities
Ensuring Tax GL reconciliation with ERP GL on monthly/periodic basis
ITC matching with 2A/2B & relevant accounting effects (e.g. Reversal, deferral etc.)
Coordination for various Departmental audits
Furnishing required inputs/details in a timely manner to facilitate departmental audit/inspection

Capex Accounting, Monitoring & Tracking:

Monitoring Capex with respect to PO/LOI commitment
Validation of Note for approval (NFA) for proposed capital expenditure against respective budgets
Review of CWIP List for long pending items & ensure its timely settlement
Coordination for installation confirmation from user/buyer for timely capitalization
Preparation of Monthly asset register & submission for further review
Ensuring Physical Verification & Tagging of assets as per guidelines
Facilitating Disposal/Transfer of assets as per guidelines & approvals
Ensuring appropriate accounting effects with respect to assets acquisition/transfer/disposal & scrapping of assets

Skillsets:

Managerial & Leadership:

Good Interpersonal Skill, Good Excel & Analytical Skills, ability to work across all levels and cross Functional teams & organizations of the unit. Timely delivery with accuracy.

Manager- Financial Analysis