Executive Finance

• Expertise in accounts reconciliations, preparing and reading financial statements and budgets.
• Accounting and bookkeeping activities, accurate and timely execution of daily accounting operations and monthly closing.
• Making routine financial reports/summaries on weekly, monthly basis.
• Excise / Vat returns, Variance analysis
• Analyzing Production costs vs standard, Usage variance analysis, Plant cost controlling
• Initiating cost tracker review meetings with respective department to ensure compliance with budget.

Analysis:

• To develop costing system to measure cost of operation, input, finished goods at SKU level including margins thereof.
• To create a system for periodic review of product costs and margin, recommend pricing decision and generate product/SKU realization recommendation.
• Analyze the wastage and unproductive cost and liaison with operation team for analysis
• Participate in various cost saving, new initiatives projects requiring a financial evaluation
• Run the month end OPM process for costs and make sure all deadlines are met.
• Provide commentary and analysis of costs against Budget and latest forecast.
• Ensure that direct and indirect costs are recorded accurately in the costing and financials books according to profit center and cost center.
• Control over inventory as per norms and minimize slow moving and non-moving inventories.
• Conduct monthly physical stock count of inventories and analysis of variance
• Prepare the forecasted financial margin statements considering forward raw material coverage and forward orders.
• Analyze capex for the business for viability and payback calculation and ensure that capex stays within Budgeted targets.
• Accurate accounting of fixed assets and related depreciation monthly charges are accurately captured.
• Provide support during the annual audit process