Job Details

Finance Director

Date Posted: 07 August 2024

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Job Description

• General Accounting Functions: Provide direction, oversight, and active participation.
• Customer Credit and Collection: Provide direction, oversight, and active participation.
• Cost Accounting: Provide direction, oversight, and active participation.
• Financial Planning and Analysis: Provide direction, oversight, and active participation.
• Reinforcement of SOP: Support and actively engage in company objectives.
• Audit Process: Oversight, active interface with external and internal auditors, and senior management.
• Corporate Records: Maintain and oversee statutory and corporate record-keeping requirements.
• Business Systems Administration: Direct and actively administer systems within the area of responsibility.
• Financial Institutions: Maintain relations and actively manage engagements.
• Compliance Management: Monitor, report, and reinforce compliance with corporate policies, laws, and regulations.
• Consultation with Management: Actively interface with corporate and operational management on financial objectives and policy effectiveness.
• Personnel Development: Delegate responsibility and authority, provide formal and informal training, and identify high-potential personnel.
• Budget Performance: Maintain performance within budget and support regional budget objectives.
• Financial Reporting Compliance: Drive compliance and tailored financial analysis in support of company goals.
• Adherence to Core Values: Ensure alignment with company core values.
• Preparation of Financial Statements: Ensure compliance with local GAAP.
• Secretarial Compliances: Coordinate and oversee.
• Legal Matters: Coordinate legal matters for Tranter India

Principle Duties and Responsibilities:
• Leadership: Lead and actively participate in the India Finance and Accounting organization.
• Financial Representation: Ensure accurate representation of the Company’s consolidated financial position.
• Policy Implementation: Implement, control, and actively engage in accounting policies and procedures.
• Reporting: Prepare internal and external reports accurately and on time.
• Treasury Functions: Direct and actively manage all treasury functions.
• Internal Controls: Ensure systems are in place to support General Ledger balances and safeguard assets.
• Capital Expenditure Analysis: Report and follow up on capital expenditure projects.
• Credit and Collection: Establish, maintain, and actively manage policies, procedures, and credit limits to optimize DSO.
• DSO and Past Due Development: Monitor, manage, and implement strategies to minimize DSO and reduce past due amounts.
• Bad Debt Expense: Develop and manage, with a focus on reducing bad debt through proactive credit management.
• Receivables Analysis: Report monthly balances, trends, and action plans for accounts receivable.
• Cost Accounting: Accurately represent inventory component costs, product line costs, and cost of goods sold.
• Cost Systems: Maintain systems to support cost and inventory accounting requirements.
• Management Reporting: Provide ongoing reports analyzing cost drivers and profitability.
• Task Completion: Complete related tasks and projects as directed.
• Continuous Improvement: Drive improvement and cycle time reduction within the area of responsibility.
• Annual Plans and Budget Analysis: Analyze progress.
• Business Risk/Opportunities Evaluation: Evaluate new business risks and opportunities.
• Status Reports: Publish and review regularly with management.

Functional Area

  • Finance & Accounting

Education

  • CA Preferred

Skills

  • Good communication

Industry

  • Industrial / Manufacturing

Job Details

  • Location
    Pune
  • Employment Status
    Permanent
  • Experience
    10.00 yr - 12.00 yr



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