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Business Finance - Senior Manager

8 - 10 yrs
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Not Disclosed by Recruiter Openings: 1 Posted 30+ days ago Job Applicants: 232 Job Views: 250

Job Description

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    The role would lead business finance for SBU providing a consolidated view of various businesses, locations and strategic initiatives.
    Be in charge of the Business/ Strategic planning process for the SBU. Be a Business partner to drive financial intelligence, business insights and support in new business opportunities.
    Take charge on the profitability of business and investigate ways to improve on cost, working capital, controls at plant locations.

    Key Responsibilities:

    Strategic :

    Lead the annual budgeting, forecasting exercise for the SBU
    Provide analytics on revenue, profitability and cost performance of the SBU on a monthly / quarterly / annual basis.
    Analyse key business drivers, industry and competition and advice the SBU heads for cost efficiencies and lean business process /delivery models to arrest loopholes on cost/efficiencies
    Prepare regular business risk assessments
    Establish business intelligent reports & MIS for tracking key business metrics and automate for data transparency
    Prepare financial modelling and analysis for strategic initiatives and new business opportunities for the SBU
    Suggest growth/statutory tax opportunities to senior management by way of downstream and upstream opportunities.
    To foresee external economic ecosystem and advice on the financial planning to the SBU
    Capex planning & Management for the SBU


    Work out detailed product costing and provide inputs on pricing decision for effective margin management for the SBU
    Analyze current and past trends in key performance indicators including all areas of cost material, conversion and fixed cost at the plants. Submit monthly exception reports
    Work closely with procurement, commercial functions for project needs and negotiations.
    Track and report material cost reductions. Perform periodic financial analysis of key vendors to assess & mitigate associated risks.
    Vendor confirmation of balance and reconciliation of vendor for Top Vendors.
    Ensure tracking and reporting on fixed costs vs. plan and fixing the variances
    Co-ordinate on insurance coverage and claim settlements
    Monitor working capital, capex and cashflow
    Ensure tracking and control on fixed assets, robustness of cycle count process and inventory recording in books.
    Disposal of NPA at the plants and work on waste disposal/recycling.
    Work closely with Plant Head, Project team, and Commercial team at plant for strengthening internal financial controls and operating controls at Plant.
    Lead cost audit certification and submission of cost records to Department of Fertilizers. Co-ordinate with statutory auditors and internal auditors
    Ensure tax compliances at plants. Provide operational support in GST at plant locations
    Ensure on time submission of subsidy DBT bills
    Support in automation of marketing rebates and discounts and automation of cost sheets


    Ensure quality, analytics and speed in strategic plans
    Ensure accurate and timely reporting of financial matters.
    Closely work with the accounting team on compliance to accounting standards and guidelines.
    Actively involve in the Marketing/plant operations

    Required Candidate profile

    •  Qualifed CA - 1st attempt /CMA with  8-12 yrs of post qualification experience with atleast 5 years in BusinessFinance in a reputed Manufacturing company with multi locational plants and large / complex distribution network.
    • Candidates from Fertilizer, Pharma, Cement, Chemical , Tyre ,Automobile, Steel or Glass industry will only be considered.
    • Business acumen and understanding of macro / biz drivers
    • Ability to strategize and translate strategies in executable actions.
    • Deep analytical skills and right attention to details
    • Financial Planning, reporting, sourcing, capex, working capital
    • Working Knowledge SAP & Excel system
    • Excellent team player, people management skills
    • Influencing skills, ability to connect with various stakeholders
    • Excellent communication and presentation skills
    • Strong leadership skills with a proven ability to work through multiple priorities
    • Well organized, highly system and process oriented approach
    • Deep desire to excel and implement best in class practices
    • Good business partner with customer orientation
    • Ability to inspire and rally team around business objectives and excellence
    • Candidates willing to relocate to Hyderabad may only apply.

Salary: Not Disclosed by Recruiter

Industry: Fertilizers, Pesticides

Functional Area: Accounts , Finance , Tax , Company Secretary , Audit

Role Category:Finance/Audit

Role:Finance/Budgeting Manager

Employment Type: Full Time, Permanent



UG: B.Com - Commerce

PG:ICWA (CMA), CA - Any Specialization, First Attempt

Company Profile:

Munsar Services

Munsar Services is a recruitment firm with social underpinnings that assists companies, in India and overseas in their recruitment needs for different professionals.

Our objective is to create sustainable social value by satisfying the needs of the business sector. We began by helping youth from low income communities to get entry-level jobs with reputed Retail companies and have extended our activities to also assist other job seekers to get mid / senior level jobs with companies in the Finance, Marketing, Legal, Engineering, IT and other sectors.

A team of professionals comprising Chartered Accountants, MBAs and other specialists, based in different cities, manage the recruitments. These professionals are committed women who work on a flexitime basis and manage both our work and their domestic responsibilities effectively.

Our web-site provides more information on our work and us.
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Job Posted by

Sapna Nambiar Recruitment Consultant Munsar services Mumbai


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