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Head of Finance Department

4 weeks ago

Bangalore Urban, India IFB Industries Ltd Full time

Qualification – Chartered Accountant / Cost Accountant

Experience – 15 to 20 years

Preferred Industry – Automotive / Automobiles / Engineering

Reporting to CFO

Location – Malur (Bangalore)


Key Responsibility Area

Heading Accounts department.

  • Prepare MIS & Reporting system.
  • To Maintain Monthly profitability statement
  • Responsible for maintenance of all Finance related activities, such as Financial, Accounting, Expense Control, tax matters and General Accounts
  • Will be handling GST &TDS
  • To design and institute budgetary format and Revenue and expenditure reports.
  • Analyzing costs Fixed and Variable. Comparison of BOM vs actual Consumption
  • Drive Cost reduction Initiatives in the unit
  • Proficient in managing funds, implementing financial controls, and putting internal control procedures in the company.
  • Will have to liaise with Statutory Auditors, Internal Auditors and Cost Auditor for necessary compliance and necessary exposure and knowledge required in each of these areas
  • Validate Legal Documentation
  • To do Project Appraisal, Risk Analysis and overall strategizing.
  • He will responsible for liaising with Banks,

Desired Candidate Profile

  • Incumbent should have Excellent exposure to Manufacturing accounts at Factory level
  • Exposure to finalization of accounts; Audit, credit control & Budgeting is mandatory
  • CA/Cost accounting is a must, SAP Knowledge would be added advantage
  • To shoulder the independent charge of all finance and Accounts
  • Should be able to set up & manage accounting system & controls and deliver under time pressure.