Finance Manager

The Senior Manager is a key role responsible for the leadership of multiple areas of thefinance function, including financial planning & analysis, financial control, accounting, tax,treasury, accounts payable/receivable, and credit & collections. Leads analysis, planning,and control of the organisations financial transactions, systems, and procedures to complywith regulations, accounting principles, and other internal/external financial standards.Establishes and implements strategies that have short to mid-term (1-3 years) impact onbusiness results in alignment with organisational objectives. Leads multiple teams ofmanagers and Staff. Develops short to mid-term (1-3 years) plans for optimising theorganisation, function, or sub-function and the talent required to execute strategies in the jobarea.2. Key Accountabilities: Team managementCoordination of all the activities and giving guidance to all the staff inthe day-to-day Internal Controlling, Finance and Accounting activitiesReview and alignment of work activities among the team members todevelop multiskilling and back-up support.Compliance / Accounting standard /Treasury/TaxationIn-depth knowledge of Indian Accounting standard, IFRS and applicationin business scenarioFiling of TDS, GST, Income Tax return, Preparations for various taxassessment, Identification of potential future Tax issues & Resolution.Handling all the day to day treasury activities, including cash and debtmanagement, analysis FX exposure of the company and Treasury hedgingsolutionSupport manufacturing and sourcing on commodity price hedgingsolutions.Working CapitalEffectively manage the working capital components of the company withspecific attention to stock, debtors and cash balances.Ensure monthly reconciliation of inventory, debtors and cash balancesand follow up for optimisation of working capital.Drive working capital reduction with the help of functional leaders andBusiness controllers can improve the inventory cycle time, Vendorpayment terms and quarterly reviewing the credit terms, Collection fromcustomers and quarterly reviewing the credit limit.Monthly Reporting and book closure:Monthly closing of book for expenses, revenue, assets and liabilities foraccurate MIS reportingMonthly Financial KPI. Strong focus on Internal Financial control. DriveProcess improvement in area likeMonthly Financial KPI. Strong focus on Internal Financial control. DriveProcess improvement in area likeo Customer ordering to cash (C2C)o Purchase to pay (P2P)o Product return/warrantyo inventory planning & supply chain and other business processes.Audits and Interpersonal Co-ordination:Work effectively with CFT and within the Finance organisation for EffectiveAudits, Compliance with our policies, Financial closing, TreasuryReporting, Variance reporting and forecasting reportsAccounting package:Hands-on experience of accounting entries and finalisation of accounts inSAPComplianceEnsuring the integrity of the governance frameworkEfficient administration of a companyEnsuring compliance with statutory and regulatory requirementsrequired by India LawsBe the representative of the company in communication with law firms.and government bodies on any legal cases related to the company.Key Working Relationships &ContactsManaging the finance/ accounts team dailyReporting to and working with the Senior ExecutiveReporting to the Director and the Management CommitteeLiaison with internal stakeholders- Operations- Human Resource- Sales and Marketing- Engineering- ManagementLiaison with external Stakeholders- Customer- Banks, Taxation, Auditors- Local authorities, Government authorities- Universities- Business and commerce support networks- PressWorkingEnvironment/SpecialCircumstancesThis role will require some travelling, some weekend work and limited travelJob Boundaries: The role holder will be expected to promote and adhere to the Renata MechatronicsPolicies and procedures.DimensionsBudgetStaffCustomerOperationalAdministrativeLiquidityROIBudgetingForecastingBusiness PlansReportingFinancial AnalysisTaxations Audits and ComplianceIndustry : Automotive or Mechatronics or Precision

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