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.