AddressAVP - Finance - Automotive Firm
Role Title: Cluster Head of Plant Finance ( AVP Level)
Function: Finance
Location: Bhopal
Qualification - CA
Reports to: Chief Financial Officer
Team Size: 8-10 team members (Direct)
Industry - Only from Manufacturing and Automotive
Key Responsibilities:
Financial Strategy and Management:
- Develop and implement financial strategies to achieve the organization's financial goals and objectives.
- Oversee the preparation of annual budgets and financial forecasts.
- Monitor and analyze financial performance, providing regular reports to senior management.
- Ensure compliance with relevant financial regulations and accounting standards.
Plant Operations:
- Provide leadership and direction to plant operations teams to optimize production, quality, and efficiency.
- Collaborate with cross-functional teams to streamline processes and drive continuous improvement initiatives.
- Ensure adherence to safety and environmental regulations within the plant.
- Manage the maintenance and reliability of plant equipment and infrastructure.
Financial Reporting and Analysis:
- Prepare and present financial reports, including income statements, balance sheets, and cash flow statements, to executive leadership and board of directors.
- Conduct financial analysis to identify cost-saving opportunities and areas for improvement.
- Monitor and manage working capital, including inventory and accounts receivable.
Risk Management:
- Identify and mitigate financial and operational risks.
- Develop and maintain risk management strategies to protect the organization's assets.
- Ensure the implementation of sound internal controls and financial systems.
Team Leadership:
- Lead, mentor, and develop the finance and plant operations teams.
- Foster a culture of teamwork, accountability, and professional growth.
- Set performance objectives, evaluate team members, and provide regular feedback.
Stakeholder Communication :
- Effectively communicate financial and operational performance to key stakeholders, including investors, lenders, and regulatory agencies.
- Build strong relationships with external partners, including suppliers and service providers.
Required qualifications, skills, experience and competencies :
- CA Qualified with 18 to 25 years of relevant experience.
- Strong understanding of financial management, accounting principles, and cost analysis.
- Knowledge of plant operations, including manufacturing processes and equipment.
- Excellent leadership and interpersonal skills, with the ability to lead and motivate teams.
- Strong problem-solving and decision-making abilities.
- Proficiency in financial software and ERP systems.
- Exceptional communication and presentation skills.
- Knowledge of relevant regulations and compliance requirements.
