The role is accountable for the Controllership & Accounting operations of the Agro Processing & Farming Operations, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, & a comprehensive set of controls & budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, & ensure that reported results comply with generally accepted accounting principles or international financial reporting standards. The position requires close collaboration with Business Head, Country Finance Head and Global Product Desk Team to ensure procedures are understood and adhered to within the department.
Principal Responsibilities/Key Result Areas
Participating in the strategic planning exercise of the Business Vertical
Finance & Cost Control
Monthly Financial statements; Profit or Loss Account, Balance Sheet
Analysis for review & sign-off with the stakeholders
Cash Flow Management and Working Capital financing.
Managing day-to-day finance & accounts related activities with a portfolio of banks.
Management MIS Reports like Position Sheet, M2M, Inventory, Sales Order Book etc
Understanding of BOM & Input-Output analysis with Production, QA/QC team
Cost monitoring & cost-cutting initiatives
Corporate Accounts Closing and Flashing of all Monthly, Quarterly & Yearly Reports in Strict timelines given by Corporate Centre Dubai
Opex & Capex budget preparations.
Costing & Cost-Benefit Analysis
Finalization of annual accounts as per Indian Accounting Standard & INDAS
Preparation of capital & revenue budgets
Consolidation of budgets for the group.
Track spending vis--vis approved budgets
Accounting & Review
Review Business Financial Performance with CEO, Business Unit Heads & CFO
Preparation of the Financial Statements as per Local Regulation and IFRS
Assist in Inventory Valuation and Debtors
Sales & Operations Planning /Demand Management Functions
Coordinating the monthly S&OP & demand forecast meeting to ensure an accurate forecast of production & material requirements
Ensure clear communication of agreed plan from the S&OP meetings & follow through to ensure orders are placed in line with the agreed plan
Follow up on daily/weekly sales & highlight any risk or opportunities versus monthly forecast
Systems, Process & Control
Laying down Standard Operating procedure for the Accounts function and Writing up SOP Manual and ensure adherence to SOP across Business Division
Standardizing Accounting Documents, preparation and Reporting of Financial Statements and ensure adherence to standardization across Business Division
Implementing KYC Procedure and ensure strict compliance before any new Customer or Suppliers is On Boarded
Tax Management - Direct Taxation-T.D.S, Tax Audit, Transfer Pricing, Company Income Tax Computation, Deferred Tax, Indirect Taxation:- GST, Customs, Drawback, Refund of GST, Returns. Coordinating with Internal Desk Finance teams and finalize at Entity Level
Education & Experience
CA/ICWA with 5 - 8 yrs. experience
Accounts Payable Experience preferred
Extensive knowledge about accounting and management principles and Accounts Payable procedures.
Should have flair for finance and accounts.
Working knowledge of Accounting Standards
Team Management & Collaboration: be a role model for teamwork, reward and encourage positive team play, within the department and with other departments. He/she will engage the team members, with open communication, regular feedback and promoting a culture of trust, honesty, and respect.
Communication: communicate effectively and in an appropriate manner, using the most suitable channel and tailoring the approach to the audience. He/she takes ownership to initiate communication. He/she shares information across the business in a timely manner to inform better decisions.
Personal effectiveness & Emotional intelligence: Self-awareness and self-control are a must. Able to establish mutually beneficial relationships with others. Meet deadlines and complete tasks and projects successfully.
Business orientation: Create an understanding amongst the team of how department performance impacts the business. Create action plans to improve performance when not meeting company requirement
Salary: Not Disclosed by Recruiter
Industry:FMCG / Foods / Beverage
Functional Area:Accounts, Finance, Tax, Company Secretary, Audit
Desired Candidate Profile
Phoenix Global Trade Solutions Pvt. Ltd
Contact Company:Phoenix Global Trade Solutions Pvt. Ltd