AGM - Finance

Job Information

Job Function

Finance

Work Experience

10+ years

Industry

Manufacturing

City

Vellore

Province

Tamil Nadu

Country

India

Postal Code

632001 Job Description We are hiring AGM - Finance for an Export Oriented Manufacturing Unit (MNC).
Job Location - Vellore, Tamilnadu
Responsibilities:-

Financial Strategy and Planning:

• Develop and execute financial strategies aligned with organizational goals and objectives.
  
• Formulate annual budgets for Sales, Expenses, Capex, and Working Capital, preparing Budgeted P&L.

Financial Reporting and Analysis:

• Coordinate timely and accurate preparation of Monthly Management reports for various financial aspects.
  
• Monitor banking relationships and ensure efficient fund utilization.

Cost Management:

• Formulate Standard Cost for all components and Spare parts at the beginning of the year.
  
• Drive cost management initiatives to enhance operational efficiency.
  
• Conduct regular cost-benefit analyses for identifying opportunities for cost savings.

Legal Taxation and Compliance:

• Oversee all legal compliance and taxation matters, including Indirect Taxes, Direct taxes, FEMA, and FTP.
  
• Handle independent assessments of Direct and Indirect Taxes, ensuring compliance with local and international tax regulations.
  
• Prepare reports to ensure adherence to Transfer Pricing regulations and coordinate with consultants for statutory requirements.
  
• Coordinate with legal firms for effective handling of cases and review of contracts.

Internal Controls and IFC Audit:

• Establish and maintain robust internal controls for safeguarding company assets.
  
• Conduct periodic internal audits to identify areas for improvement.
  
• Ensure compliance with the requirements of IFC Audit.

Audit of Financial Statements:

• Prepare Financial Statements for Statutory, Group & Mid-period audits.
  
• Act as an Audit Coordinator, ensuring smooth completion of audits within deadlines.
  
• Ensure compliance with statutory requirements and IND AS.

Team Leadership:

• Lead and develop the finance team, fostering a culture of continuous improvement and high performance.
  
• Provide mentorship and guidance to team members.

Stakeholder Engagement:

• Collaborate with cross-functional teams to ensure financial alignment with business objectives.
  
• Interact with internal and external stakeholders, including auditors, financial institutions, and regulatory bodies.

Requirements - Qualified CA / ICWA - post qualification experience of 10 years is preferred.

• 
  Proven experience as a Finance Manager or similar role in a 100% Export Oriented Unit (EOU).

• 
  Thorough understanding of international finance, taxation and regulatory requirements.

• 
  Proven experience in Indirect Taxes, Direct Taxes, FEMA, FTP.

• 
  Strong analytical and problem-solving skills.

• 
  Excellent leadership and interpersonal skills.