Regional Finance Controller - Any Graduate/Post-Graduate

About Company

The company is a leading manufacturer of commercial vehicles and ranks among the top in the market. It's also a prominent producer of engineering components and automotive engines.

Job Description

Key Responsibility Areas -

1. Account Receivable

· Evaluate Yearly Credit Limit for existing and New Customers.

· Regular review of Receivables

· Review of Monthly Collection Plan and Regular Review of the Same.

· Review of Disputes and coordinating with Area and Regional Team for resolution.

· Providing inputs to the management about Non Recoverable cases and to initiate suitable action.

· Meeting with Customers on Regular Intervals for better coordination.

2. Inventory

· Regular Review of Inventory at Warehouse and Sites.

· Review of Ageing and coordinating with the Parts Team for liquidation

· Review of Regular Perpetual Audit and Annual Inventory Audit

· Regular review of Tools and forwarding note for addition/write off.

3. Account Payable

· Regular Review of Monthly Expenses and scrutinising reasons for sudden spike or drop in expenses.

· Preparing, Reviewing and Circulating the Variance Statement

· Ensuring Compliance of Expenses as per the said procedure.

· Preparation of Annual Budget for the Region and getting it approved

· Ensuring timely Vendor and Employee Claims Processing and Payments

4. Statutory Compliance

· Ensuring timely Renewal of Licence of each area under Factory's Act, Pollution Act, Labour Act, ESIC, CGWA etc.

· Ensuring compliance as per the relevant Acts/Statutes.

· Ensuring timely filing of returns and reply to notices.

· Handling and Negotiation with Govt Officials as and when required.

5. Accounting and Audit

· Ensuring regular Accounting as per the Accounting Standards and regular review of the same.

· Undertaking surprise Internal Audits.

· Coordinating with Internal and External Audits.

· Ensuring Monthly and Accounting Closure as per the timeline with full accuracy

· Ensuring Capitalization on timely basis.

6. MIS

· Review of Month end and Annual Reports

· Preparation of MIS for Regional Forums

· Preparation of MIS for HO

Educational Qualification & Experience Background required -

Any Graduate/Post-Graduate with 60% & above throughout academics & a Minimum of 12 Years experience with recent experience into a manufacturing industry.

Regional Finance Control experience

Hands-on experience at Accounts Receivable