About us:
Exide Energy Solutions Limited (EESL) is one of the fastest growing companies who has vision to solve social issues regarding energy, environment, resource, etc with producing lithium-ion battery products. Exide Energy Solutions Ltd is setting up India's first Giga plant to manufacture Lithium Ion Cells in Bengaluru.
Qualification and Experience: CA / ICWA with 10-20 Years of Hands of Experience in Finance
Roles and Responsibility:
1. Annual Operating Plan (AOP) & Budgeting
- Coordinate preparation of plant-wise and corporate-level budgets (Revenue, Opex, Capex).
- Align business assumptions with production volumes, energy inputs, raw material forecasts (e.g., lithium, graphite, cobalt).
- Consolidate budgets from SCM, Production, HR, and R&D into a company-wide AOP.
- Provide variance analysis against previous year/forecast, and run simulations based on volume and price scenarios.
2. Forecasting & Rolling Estimates
- Prepare rolling monthly/quarterly forecasts for sales, EBITDA, working capital, and cash flow.
- Adjust assumptions dynamically based on raw material indexation, global commodity trends, and government subsidies (PLI, FAME).
- Integrate production efficiency trends (yield, scrap, energy usage) into forecast updates.
- Track customer demand pipeline (e.g., EV OEM orders) and reflect in revenue projections.
3. Cost Analysis & Control
- Analyze cost of goods sold (COGS) across key inputs (raw materials, energy, labor, depreciation).
- Monitor plant-level cost drivers: utility cost (per kWh), material yield, cell scrap, and line downtime.
- Support cost optimization initiatives in collaboration with operations and procurement.
- Benchmark costs across multiple plants and identify variances to standard/budget.
4. Capex Planning & Monitoring
- Support preparation of plant-level and corporate-level Capex budgets (machinery, buildings, automation, R&D).
- Track Capex spend vs. budget and highlight delays, cost overruns, or under-utilization.
- Evaluate ROI, IRR, and payback period for new projects (e.g., cell line expansion, BMS labs).
- Provide financial modelling for greenfield expansion or joint ventures.
5. Management Reporting & Dashboards
- Prepare and circulate monthly MIS packs including P&L, balance sheet, and cash flow.
- Develop dashboards using BI tools (e.g., Power BI, SAP Analytics Cloud) to show KPIs like:
- EBITDA/ton
- Cell yield %
- Plant utilization
- Working capital cycle
- Highlight key risks and opportunities in performance review meetings (MPR/QBR).
6. Strategic Business Planning
- Support long-term business planning (35 years), aligned with EV/ESS market demand, technology roadmap, and capacity build-out plans.
- Evaluate multiple scenarios demand shifts, technology upgrades (LFP vs NMC), policy impacts.
- Assist in fund-raising models (equity, debt) and investor presentations with finance leadership.
- Develop models for sensitivity analysis (currency, inflation, interest rate impact).
7. Industry & Competitor Analysis
- Track and report on global and domestic trends in Lithium-ion battery manufacturing.
- Benchmark operational and financial KPIs with competitors (local and global gigafactories).
- Monitor key market developments:
- Raw material price fluctuations (lithium, nickel, graphite)
- EV penetration trends
- India's PLI scheme and related subsidy impacts
- Conduct competitor profiling and support management in strategic decisions (e.g., technology licensing, M&A).
8. Financial Systems, Tools & Data Integration
- Maintain financial planning models in Excel, SAP BPC, or Anaplan (if applicable).
- Ensure integration of ERP (e.g., SAP S/4HANA) data with planning and BI tools.
- Automate data extraction and reporting processes for accuracy and timeliness.
- Ensure version control, audit trail, and standardization across plants for FP&A reports.
9. Cross-functional Collaboration
- Partner with:
- Operations for production forecasts and plant efficiency inputs.
- Supply Chain for procurement cost trends and inventory positions.
- Engineering/Projects for capex and plant expansion financials.
- HR for manpower budgeting and productivity KPIs.
- Support leadership in strategic discussions and board reviews.
10. Compliance, Governance & Audit Support
- Ensure alignment of financial plans with accounting standards (Ind AS).
- Support statutory and internal audits with forward-looking financial insights and assumptions.
- Ensure adherence to internal FP&A processes and controls, including document retention and approval workflows.
Mandatory Skills:
- Financial Reporting
- General Ledger & Closing Management
- Fixed Assets Accounting
- Accounts receivable and payable process management
- Credit risk assessment and control
- Cash flow and working capital optimization
- Bad debt provisioning and recovery
- Internal controls and compliance
- Cost accounting and variance analysis
- Inventory management and valuation
- Team Leadership & Stakeholder Management
Desired Skills:
- Strong experience in Monthly, quarterly and year end closing of books of the company.
- Experience in Plant financials reporting and preparation of MIS
- Team Leadership & Stakeholder Management
- Accounts reconciliation process
- Proficiency in SAP or other ERP software.
- Experience with CARO (Companies Auditor's Report Order)
- Ability to collaborate effectively with the operations, finance, and audit teams.
- Strong analytical skills for variance analysis and reconciliation tasks
