Key Responsibilities:

1. Financial Strategy & Planning:

• Assist the CFO in formulating financial strategies and long-term business plans to support growth objectives.

• Provide financial insights and recommendations to optimize profitability and cost efficiency.

• Develop and monitor KPIs and financial performance metrics for continuous improvement.

• Perform regular review and evaluation of key operational and financial data with business leaders, including root cause analysis and corrective action planning

. • Lead company forecasting and budgeting efforts, preparing financial summaries and reports for the executive team.

2. Cost Control & Financial Controlling:

• Lead cost accounting and financial control functions to ensure cost efficiency in manufacturing operations.

• Work closely with plant finance teams to analyze cost structures and identify improvement areas.

• Implement cost-saving measures and drive initiatives to enhance financial performance.

• Ensure accurate cost allocation and pricing strategies to maintain competitiveness.

• Benchmark cost processes and financial reports with best industry practices.

• Perform financial evaluation of new projects considering current and future economic & business scenarios.

3. Budgeting, Forecasting & Financial Reporting:

• Oversee the preparation and consolidation of budgets across all plants.

• Drive accurate forecasting of financials, including revenue, expenses, and cash flow.

• Ensure timely and accurate financial reporting as per regulatory and corporate requirements.

• Monitor financial variances and provide recommendations for corrective actions.

• Lead teams in preparing budgets by establishing schedules, collecting, analyzing, and consolidating financial data.

• Achieve budget objectives by scheduling expenditures, analyzing variances, and initiating corrective actions.

• Investigate and critique variances to budget or prior year performance, providing insights for improvement.

4. Accounts, Compliance & Audit:

• Ensure compliance with financial regulations, taxation laws, and corporate governance standards.

• Manage statutory and internal audits, ensuring adherence to accounting principles and internal controls

. • Work closely with auditors, tax consultants, and regulatory authorities for smooth financial operations.

• Oversee GST, income tax, and other statutory filings to maintain legal and financial compliance.

• Augment and monitor the department’s operations to ensure integrity, confidentiality, and security of financial information and plans.

5. Treasury, Working Capital & Risk Management:

• Monitor cash flow management, working capital, and treasury operations.

• Optimize funding strategies and banking relationships to ensure adequate liquidity.

• Assess and mitigate financial risks, ensuring robust risk management policies.

• Control two key constituents of working capital – inventory and receivables, including provisioning for any loss in value.

• Set a process for forecasting of material costs in collaboration with the purchase team.

• Ensure effective inventory valuation and monitor slow-moving & non-moving inventory, updating management with an action plan for utilization. 6. Standard Costing & Procurement Evaluation: • Review new product standard cost and discuss findings with purchase and R&D teams.

• Evaluate PO rates and map raw material price increases with indexation available in contracts.

• Conduct standard costing vs. actual costing analysis, including budget vs. actuals for manufacturing and product costs.

• Investigate cycle count variances and resolve issues proactively.

7. Leadership & Team Management:

• Lead the finance team across all plants, ensuring seamless coordination and efficiency.

• Develop and mentor finance professionals, fostering a high-performance culture.

• Act as a trusted advisor to business leaders on financial matters, supporting decision making.

• Develop and grow the finance team by initiating training activities, guidance, and coaching to optimize efficiency and effectiveness.