Vashi Integrated

3 weeks ago

Bhiwandi, India Vashi Integrated Full time

Experience: 10-15 years. The role requires strategic financial planning, budgeting, cost control, working capital management, and statutory compliance to support sustainable business growth and profitability.Key Planning & Strategy:- Develop and implement financial strategies aligned with business goals.- Prepare annual budgets, forecasts, and business plans.- Monitor business performance against budgets and take corrective actions.Accounting & Reporting:- Oversee day-to-day accounting operations including accounts payable/receivable, general ledger, and bank reconciliations.- Ensure timely closure of monthly, quarterly, and annual financial statements.- Prepare MIS reports, financial dashboards, and profitability analysis for management.Inventory & Cost Control:- Monitor and optimize spare parts inventory valuation and turnover.- Implement cost control mechanisms and improve operational efficiencies.- Coordinate with the supply chain and warehouse teams for inventory accuracy.Taxation & Compliance:- Ensure compliance with all statutory requirements GST, TDS, Income Tax, etc.- Liaise with auditors, consultants, and regulatory authorities as needed.- Handle internal and statutory audits efficiently.Cash Flow & Working Capital Management:- Monitor and manage daily cash flow and fund flow.- Optimize working capital through effective receivables and payables management.- Handle banking relationships and ensure smooth fund operations.ERP & Systems Implementation:- Work with the IT/ERP team to ensure accounting processes are streamlined via ERP systems (Tally/Oracle/SAP/others).- Ensure data integrity and accurate financial reporting from systems.Team Management:- Lead, train, and mentor the finance and accounts team.- Ensure a culture of accountability, ownership, and continuous improvement.Key CA / CMA / MBA (Finance)Experience: 10-15 years of experience in finance and accounts, preferably in automotive spare parts or a trading/distribution business.Industry Preference: Auto parts, automobile dealership, or similar industries with inventory-led Strong analytical and problem-solving skills.- Sound knowledge of taxation, accounting standards, and compliance.- Excellent leadership and communication abilities.- Proficiency in ERP software and advanced Excel.Key Performance Indicators (KPIs):- Budget adherence and variance control.- Inventory turnover ratio.- Timely financial reporting.- Audit compliance score.- Reduction in receivables aging.- Cost savings and process improvements. (ref:iimjobs.com)

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