Qualification & Experience Required:
An Ideal candidate should be Chartered Accountant/Equivalent qualification with total 10+ years of experience and Minimum 3-5 years’ work experience in Europe. Candidate should have experience as Head of Finance in manufacturing with Turnover of Rs. 500Cr+, Experience in handling multiple Locations. Proficiency in German language would be an added advantage.
Responsibilities
* Ensure management and financial accounting and reporting as per applicable standards (like Ind AS, German GAAP) and management needs.
* Financial MIS: Review and deliver accurate, timely and complete Function wise periodical FMIS, ROCE, RMC, Costing reports with value adding analysis.
Budgeting
* Ensure timely completion of budgeting / AOP signed off for Power Sports.
Cash flow management
* Review of forecast cash flow prepared by team and ensure timely payment to suppliers and manage timely receivables from customers. Also send timely reports to HO account team related to AP and AR and Tax.
* Review weekly bank position (Banks reconciliation) and report to the management.
* Authorization of Payments in online Bank for accurate transfer and payment to stakeholders and negotiation with bank for finalization of best exchange rate to buy and sell foreign currency.
* Support investment treasury function through system support required, MIS and provide expert support for direct tax implications for investments.
Spearhead the evaluation, assessment, and optimization of direct and indirect costs to enhance overall cost efficiency.
Compliance
* Ensure timely and accurate completion of financial Statements, costing audits, bank/FRA, etc pertaining to required financial compliances.
Costing
* Design, implement and deliver management objectives through costing, COPA function.
Financial Strategy and Policy
* Develop and implement finance policies & strategies that support business objectives.
* Plan and deploy most effective DT and IDT structure, compliance and filings.
* Financial risk mitigation primarily through most appropriate insurance solution deployment.
* Power sports subsidiary / associated company for After Market, HD USA, Asia after market etc. to be overseen for Finance, tax, compliance, budgeting and management reporting.
Forex Management
* Review Forex IPS and MIS ensuring effective forex management.
Systems and Improvements
* Lead digitization and automation of F & A including costing for Advik Germany.
* Deliver (independently) as required to meet internal and external customers’ requirements.
Team Management and Development
* Recognize and address training and development needs within the finance function, ensuring their fulfillment.
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
Industries
Motor Vehicle Manufacturing and Manufacturing
#J-18808-Ljbffr