Key Deliverables: 

Identifying and establishing a comprehensive budget with controls designed to mitigate risk,and enhance the accuracy of financial reporting, cost estimates, and revenue.

Performing operational Control on factory efficiency, inventory control, and production accounting system

Providing critical assessment on all budgets and cost projections.

Monitoring and review operations with focus on improving the factory efficiency and cost reduction.

Planning and driving clear cost-saving programs with timelines and assessment goals in collaboration with internal teams and strategies to minimize waste.

Keeping track of the market trends that could impact resource costs and monitor new vendors and possible cost-cutting partnerships

Demonstrating and applying comprehensive understanding of the interdependency of cost drivers

Maximizing efficiency at all levels without compromising quality

Strengthening the controls on Inventory Material master controls, stock count, Physical verification at all warehouse/Depot

Driving Working Capital improvements (Inventory optimization, lead time reductions etc.

Setting up operational rhythms with cross functional teams at sites & collaborate with function head for presenting the performance data

Focusing on monitoring & controlling factory cost and presenting under over recovery

Suggesting actions plans to reduce reclamation of overheads.

Monitoring of commodity prices along with purchase team and forecasting the impact on material cost.

Ensuring revenue recognition in accordance with internal control and defined guidelines

Conducting Monthly reviews with site team on operational performance, KPI’s, dashboards, tax compliance, Actuals Vs Budgets monitoring

Reviewing the Monthly Closing and its reporting with explanation of variance with Budgets/Forecasts

Overseeing the team’s efforts to ensure proper accounting and closure of production orders,depreciation allocation, general services allocation and all accounting transactions

Suggesting and implementing initiatives to improve Piaggio production accounting system including consumption accounting, Work order closure in SAP and maximizing automation in manufacturing units.

 Desired Qualification:

ICWA Qualified
12+ years of experience, out of which relevant should be 7+ years.
ERP used: SAP FICO 
Strong analytical skills and business acumen.
Strong analytical, research and finance modelling skills
In -depth understanding of the market and the business.

Core and functional competencies: 

Strong hold in building standards of excellence and adopting benchmark practices during the execution of work

Must possess strong functional knowledge to provide sound and insightful recommendations in area of expertise to stakeholders and team members

Must be Self-directed, positive and ethical role model with professional credibility, accountability, and the ability to thrive under pressure

Ability to identify the critical factors that block or hinder even greater organizational performance or customer service.

Ability to think through future implications and weighs the benefits and risks associated with potential actions.

Ability to evaluate situations and data objectively; avoids making assumptions about the facts of a situation or the motivations of others

Ability to develop and use effective strategies and interpersonal skills to influence team members and stakeholders toward the accomplishment of set targets goals

Ability to supervise a complex task by breaking it down into manageable parts in a systematic way, work logically to resolve problems and further identifies causes and anticipate implications

Leads by example, serving as a role model to others, demonstrating commitment and a vision of challenging goals and objectives.