Finance Executive
6 days ago
**Position**: Finance Executive
**Qualifications and Skills**:
**Education**:MBA in Finance or equivalent qualification.
**Experience**:Minimum 3-4 years
**Key Responsibilities**:
**1. Cost Management & Optimization**:
- Analyze production costs, overheads, and pricing strategies to ensure
profitability.
- Implement cost-control measures and identify opportunities for savings in the
manufacturing process.
**2. Financial Planning & Analysis**:
- Prepare budgets, forecasts, and financial models tailored to manufacturing
operations.
- Monitor financial performance and provide insights to support decision-making.
**3. Inventory and Supply Chain Management**:
- Collaborate with supply chain teams to optimize inventory levels and working
capital.
- Monitor procurement costs and ensure financial alignment with production
schedules.
**4. Capital Expenditure Management**:
- Evaluate CAPEX proposals and monitor return on investment for new projects
and equipment.
- Ensure alignment of financial resources with strategic objectives.
**5. Compliance and Reporting**:
- Ensure compliance with tax regulations, financial policies, and internal audits.
- Prepare accurate and timely financial reports for internal and external
stakeholders.
**6. Operational Finance Support**:
- Work closely with plant managers and operational teams to track financial
performance at production sites.
- Conduct variance analysis to identify discrepancies and recommend corrective
actions.
**7. Risk Management**:
- Identify and mitigate financial risks related to operations, investments, and
market conditions.
- Develop strategies to safeguard the company’s financial health.
**Technical Skills**:
- Proficiency in financial software (SAP) and MS Office Suite, especially Excel.
- Knowledge of cost accounting, financial modeling, and inventory management.
**Soft Skills**:
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Detail-oriented with a proactive approach to challenges.
**Preferred Skills**:
- Understanding of manufacturing processes and cost structures.
- Familiarity with ERP systems and data visualization tools.
- Knowledge of regulatory compliance in the manufacturing sector.
**Job Types**: Full-time, Permanent
Pay: ₹350,000.00 - ₹450,000.00 per year
**Benefits**:
- Health insurance
- Life insurance
- Paid sick time
- Paid time off
- Provident Fund
Schedule:
- Day shift
Supplemental Pay:
- Performance bonus
- Yearly bonus
**Experience**:
- Finance Executive: 4 years (required)
- Manufacturing Industry: 3 years (required)
Work Location: In person
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