A key responsibility to proactively and jointly work with the MD, CFO and respective function heads to ensure that the financial delivery commitments for the BU are protected at all times.• Planning, Forecasting & Financial Analysis: Annual & Long Term Planning & driving the review process with the MD & India Leadership team for Operating Plans across major functions - Sales, Operations and HR.• Submission: Corporate… Show more A key responsibility to proactively and jointly work with the MD, CFO and respective function heads to ensure that the financial delivery commitments for the BU are protected at all times.• Planning, Forecasting & Financial Analysis: Annual & Long Term Planning & driving the review process with the MD & India Leadership team for Operating Plans across major functions - Sales, Operations and HR.• Submission: Corporate template & Presentation decks for Monthly Latest forecasts and Monthly Business review meetings with Regional leadership teams. • Ensure accurate reconcillation of Financial Profits and Costing Profits. Review plant financial performance with plant managers to ensure delivery of plans and commitments. • Partner with HR to deliver savings and control. Liaison with Region Finance on reviews , queries and other information requirements.• Financial Analysis support for Regular business to cross functional teams : Contribution margin Study - Productwise Customer-wise analysis Control and maintain accuracy of the Price increase/Decrease Developing standard costs• Study and explain corporate performance.• Handling the valuation of finished goods stock, raw & packing material and spares based on FIFO basis and reporting of obsolete and non-moving materials and their disposals• Reviewing inventory at the each month end and setting up requirement of inventory for the next two months periods. Show less

Operating areas •MIS & Reporting:•Preparation and presentation of MIS on a monthly basis, including plant wise performance review report, plant / branch wise profitability summary, Contribution summary & Management P & L. •Monthly reconciliation between accounts and costing profit.•Month wise Sales and Product Costing Reporting with reasons of variances against standards set.Budgeting & Forecasting:• Preparing Quarterly and Yearly budgets for all 6 operative… Show more Operating areas •MIS & Reporting:•Preparation and presentation of MIS on a monthly basis, including plant wise performance review report, plant / branch wise profitability summary, Contribution summary & Management P & L. •Monthly reconciliation between accounts and costing profit.•Month wise Sales and Product Costing Reporting with reasons of variances against standards set.Budgeting & Forecasting:• Preparing Quarterly and Yearly budgets for all 6 operative plants.• Coordinating with various functional department heads such as Sales, Production, Maintenance, Purchases, Administration, etc. for setting up close to accurate budgets.• Preparing forecasting at the end of the each quarter with revised estimates for rest of the year.Analysis for Decision Making for Management:Product Costing :• Product costing and pricing - updating the Raw material prices & inputting the same for preparing the Product cost statement.• Preparation of Costing Model for newly set up plant.• Measuring Standard costing model (Direct Costs + Overheads) for Products with Actual output & Variance Analysis.• Detailed Variance Analysis (Usage variance, Rate variance, Yield variance, Sales price variance)• Setting up the cost centers and allocating & apportioning the costs to the product to arrive at the loaded product cost, COGS and Contribution Analysis:• Detailed analysis of consumption of raw materials.• Variance Analysis of the consumption against Standards.• Gross and Net Contribution analysis (Product wise) against budgeted, identifying and reporting the specific reasons for deviations from budget.Expenses Analysis:• Detailed Analysis of Variable Expenses.• Detailed Analysis of Fixed Costs and Utilities (FO, Power, LDO), Contract Labor, Professional Fees, Selling & Distribution Expenses, Administration Charges, etc.• Comparisons and analysis of Actual expenses with Budgets set, with the reasons of deviations.Inventory Valuations: Show less

Cost Accounting / Analysis MIS / Reporting Budgeting/Forecasting Purchase Price Variance (PPV) Variance Analysis (OPEX)Inventory Valuation Decision SupportCross-functional Coordination