Vashi Integrated

23 hours ago

Bhiwandi India Vashi Integrated Solutions Full time

Job Description 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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