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Strategic Financial Manager

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Chennai, Tamil Nadu, India beBeeCosting Full time ₹ 15,00,000 - ₹ 25,00,000

Job Summary:

The role of a Strategic Financial Manager involves overseeing financial planning, cost analysis, and reporting. The ideal candidate will possess strong analytical skills, attention to detail, and excellent communication abilities.

Key Responsibilities:

  • Develop and maintain accurate financial models for products/services, including direct and indirect cost components.
  • Conduct detailed analysis of costs to identify cost-saving opportunities and recommend optimization strategies.
  • Track and update costs for raw materials, labor, overhead, and other expenses in real-time.
  • Collaborate with procurement and production teams to ensure cost efficiency in sourcing and manufacturing.
  • Compare actual costs with budgets/estimates and investigate variances to propose corrective actions.
  • Prepare comprehensive financial forecasts, budgets, and cash flow reports to support business planning.
  • Provide insights on break-even analysis, pricing strategies, and margin improvement opportunities.
  • Support management in decision-making with detailed cost-benefit analysis for investments and projects.
  • Ensure compliance with internal policies and external regulations related to finance and accounting.
  • Present periodic financial analysis reports and insights to senior management.
  • Work closely with the accounts team to ensure accurate accounting of costs and inventory.
  • Collaborate with cross-functional teams to enhance processes and achieve cost efficiency.

Qualifications:

  • MBA/CA and ICWA
  • Proven experience (5-7 years) in cost analysis, business finance, or management accounting.
  • Strong proficiency in MS Excel and financial modeling tools.
  • Familiarity with ERP systems.
  • Analytical mindset with attention to detail and the ability to interpret complex financial data.
  • Excellent communication and interpersonal skills to interact with various stakeholders.