Regional Finance Controller - Finance & Accounts - Commercial Vehicles

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.

Mandatory Requirement:Primary Job Profile:

• Finance & Accounts/ Finance Control.

Technical Skills:

• Accounts receivable.

• Statutory Audit.

Candidate Location Requirement:

• Mumbai.