Financial Control Manager

Experience : 7- 12 yrs

Location : Velachery, Chennai

Education: CA/ ICWA

Main responsibilities :

• Budgeting
• Reforecast Process
• Profitability Analysis
• Free Cash Flow
• Pricing

List the expected end results that must be achieved in order to fulfil the job purpose and activities that help in achieving these result(s).

EXPECTED END RESULTS

MAJOR ACTIVITIES

1.Budgeting and Reforecast Process

• Initiate annual Budgeting and Reforecast Process
• Get inputs from various stakeholder
• Workout Bottom-up budget with variance analysis
• Suggest ways to bridge gap between budget targets and bottom-up budget
• Finalised budget presentation for region
• Ensure documentation of budget in various systems
• Budget summary circulation to top management for reference
• Prepare Subsidiary Financial Committee presentation / annexures for each Budget / Reforecast 6+6

2.Commercial Controlling

• Review of VME & FME Monthly provisions
• Review of VME Scheme proposal with Sales & Marketing / Aftersales and discuss with CFO for alignment.
• Review of Actual Conso result with CFO
• Organise Finance Committee for Business review on monthly basis
• Price file workout for Price changes and support region for their queries and approval.
• Aftersales monthly profitability finalisation and reporting in SAPCE
• Actual Logistics Cost review on Monthly Basis
• After sales Logistics cost discussion, negotiation and finalisation with NMIPL annually.

3.Profitability Analysis / Rolling Forecast

• Profitability Analysis - Budget / Reforecast vs Actual
• Profitability analysis for rolling forecast vs Budget / reforecast 6+6
• Ad hoc analysis as required by Management

4.Free Cash Flow

• Prepare Free cash flow forecast and Monthly tracking vs Actual
• Ensure minimal variation vs Forecast for H1 and CY Landing
• Reporting to region bi-monthly basis.

5.Dealer Price list

• Review Pan India Dealer price list
• Ensure Average realisation while maintaining zonal dispersion.