Key Responsibilities
MIS and Annual Plan & Budget (P&B) Execution
- Coordinate, implement, and monitor systems for effective MIS reporting in line with management requirements.
- Ensure timely preparation and submission of MIS reports and P&B docket.
- Collaborate with other functions to collect data and inputs for the annual P&B exercise.
- Analyze monthly performance, profitability, variances, and key value drivers to aid decision-making.
Statutory Compliance and Claims Management
- Ensure compliance with applicable laws, corporate finance department (CFD) policies, and EXIM regulations.
- Facilitate utilization of export incentives and timely settlement of insurance claims.
- Liaise with central teams and revenue officials as required for statutory and tax matters.
- Drive a zero non-compliance culture by incorporating central finance initiatives.
Working Capital and Expenditure Control
- Monitor and control working capital at plant level to ensure optimization.
- Analyze working capital reports and release actionable MIS to management.
- Review revenue and capital expenditure at plant level to maintain financial discipline.
Procurement and Stores Management (Non-CPC)
- Manage procurement of goods and services not covered under Central Procurement Cell (CPC).
- Ensure efficient functioning of the stores department and adherence to plant KPIs.
- Identify opportunities for cost reduction in commercial and procurement activities.
Accounting, Audit, and Process Improvement
- Review and finalize responses to internal, statutory, and cost audit observations.
- Lead implementation of audit recommendations and establish robust internal control systems.
- Coordinate and support all audit activities and facilitate reviews of plant financials managed by the shared service center.
