AddressJob Purpose
Guide the Fin & Accounts and MIS teams for proper submission of data and information in right perspective to facilitate decision making by senior management through analysis and consolidation of key business information and providing critical inputs for evaluation of performance of the CFI sector.
Advise and share the information with F&C teams, marketing & logistic teams and corporate leadership team, Business Review Council and other stakeholders related to trend of critical business value drivers, revenue analysis, costing of products, contribution and profitability margins, return on capital employed, working capital and Cash Flow analysis along with thorough variance analysis and internal / external benchmarking with peers. These helps in proper evaluation of business performance, planning and budgeting, ensuring efficient financial management, systems improvement and budgetary controls.
Job Context:
Assist the Senior Management of the Business in monitoring the performance of business, analyzing the variances & risks and taking timely corrective action. Dynamicity, seamlessness and speed is key requisite for an effective MIS. To be responsible to consolidate the financial performance of the business through timely and accurate monthly, quarterly and annual reports prepared function & ensure that the analysis of the data and information through statements facilitates the top management decision making. To provide monthly financials P&L, reports (Budget v/s actuals) profitability report to senior Management and finalize rolling three years planning and budgeting documents.
- Establish and enforce proper MIS reporting systems and budgetary controls
- Co-ordinate with and ensure the completion of audits teams requirements
- Facilitate coordination and discussion with statutory auditors for quarterly & yearly audit and internal auditors for internal audit.
- Responsible for Analysis of MIS reports and financials, (cash flow, profit & loss and financial aspects of balance sheet) on a monthly, quarterly and yearly basis.
- Responsible for allocating responsibilities to the various members of the department and ensuring preparation of the accounting statement on a monthly, quarterly and yearly basis.
- Getting the analysis of revenue, cost and profitability trends done.
Accountability | Supporting Actions |
MIS Analysis of CFI performance against internal and external benchmarks and reporting variances, risks, challenges & exceptions to the management for supporting in timely and well informed decision making. | Analysis of monthly performance, profitability, balances sheet, working capital and cash flow and key value drivers. Analysis of monthly Capex Statement, adherence to the approved Capex plan and highlighting the variance Monitoring and highlighting the exceptions with respect to proposed key initiatives, opportunities and risk arising if any related to the businesses. Analysis of the monthly working capital statement and monitoring the movement. |
Implementing system and processes in MIS to achieve automation and ensuring adequate controls | System development for consolidation of CMIS through Hyperion System. Coordinating with business teams to ensure effective and accurate use of the system
Ensuring resolution of the inherent issues of the system with the proper discussion with the stake holders |
Scenerio Analysis relating to future opportunities, challenges, risk, initiatives and strategic actions of CFI business and reporting for management action | Projecting the financial position and funds requirement of the SBU under various scenarios so as to assist the management in timely and well-informed decision making. Remain well abreast and incorporate all initiatives taken at corporate level to reflect true and fair view of the financial position of the company. Analysing impact of all strategic action and highlighting risk and challenges to the management on timely basis.
|
Consolidating & analyzing annual opex & capex budget and highlighting Key challenges / opportunities being / to be witnessed by the business & initiatives taken for mitigating / tapping them. | Consolidating the operating and capex budget of units, ensuring that budget presents a true and fair view by capturing all the initiatives and plans Regular monitoring to ensure adherence. Analysis of capex spent and Committed against each scheme of all businesses and preparing MIS at the business level. Ensuring that the budget presents a true and fair view by capturing all initiatives and plans. Regular monitoring to ensure adherence. |
Education – Chartered Accountant
Exp – 8 – 12 years
Qualifications:
Minimum Experience Level:
8-12 Years
Report to:
Chief Financial Officer
