Manager - Finance

Working Days - 6 Days / week

Godrej Process Equipment

Established in 1976, Godrej Process Equipment is a leader in fabricating unit static equipment for process industries. The business manufactures the entire range of custom-built critical process equipment for global end-users in core industries like oil & gas, refineries, petrochemicals, chemicals, fertilizers, power and water across six continents in the world.

Godrej Process Equipment has two manufacturing facilities in India, at Vikhroli, Mumbai and Dahej, Gujarat with an access to own jetties in both locations, making transportation to anywhere in the globe convenient and easy.

The facility at Godrej Process Equipment has over 1,900 qualified welding procedures for a wide variety of metallurgies including Zirconium, Titanium, Inconel & Hastelloy and is also accredited with ISO-9001-2015, ISO-14001-2015 & OHSAS-18001-2007 certification by Lloyd's Register Quality Assurance (LRQA); ASME U, U2, U3 and S Stamps as well as several other certifications from various international bodies. The bedrock of the business success has been a committed and highly skilled workforce that is adept at applying insights with robust knowledge frameworks to ensure that projects are successfully executed on time.

With a strong focus on quality, state-of-the-art manufacturing facilities and technology platforms, Godrej Process Equipment is fully equipped to meet the challenging demands of the customers.

KRA:

1. Financial Planning & Analysis

2. Cost Management

3. Financial Accounting

4. Compliance with Cost, Statutory and Tax Audit guidelines

5. Enterprise Risk Management

Job Description

Financial Planning & Analysis

• Build Annual and Strategic Business Plans for the Division in collaboration with all Departments. Prepare rolling Plans and Annual operating plans.
• Build Monthly Working capital, Cash Flow plans for each LoB.
• Weekly projection of Best Estimates.
• Analysis of Monthly MIS, along with in depth reasoning for variances for presentation to Management.
• Support Department head in preparation of BOD Decks for quarterly presentation to Management.

Financial Accounting & Audits

• Revenue recognition in accordance with Accounting standard Ind AS 115 through POC methodology
• Financial evaluation of CAPEX Proposals given by the Operations team.
• Timely Account reconciliations by reviewing the Trial Balance.
• Controlling inventory through reconciliations, stock taking, variance analysis, frequent audits, etc.
• Monitoring Collections, perform review of Debtors ensure accurate computation and provisioning for Doubtful Debts.
• Ensuring timely completion of Internal, Statutory and Tax audit and prompt resolution of queries.

Cost Management

• In depth analysis of Project wise profitability including analysis and presentation of variances against Budget.
• Provide support to Business teams for decision making along with financial evaluation of Go-No Go scenarios
• Support Sales and Marketing in Estimation project cost for Tendering.
• Coordinate with Cost Auditors and ensure timely compliance with all Cost Audit standards.
• Preparation of Cost Audit reports.

ERM, Compliances and Capability Building

• Provide Inputs and co-ordinate for Enterprise Risk management assessment to be carried out periodically, find out Risk owners & map their mitigation plans.
• Process optimization and capability building of team.

Qualification – CA/CMA

Experience – 2 years of work experience