Vashi Integrated

7 days 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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