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Finance Head - Pune - Bajaj Electricals - 10

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 Finance Head - Pune - Bajaj Electricals - 10

Job Description

Major Areas of Responsibilities & Authorities:


  • Will be Heading finance functions for Chakan involving determining financial objectives and designing & implementing systems & procedures to facilitate internal financial control
  • Handling operations related to cost collection, cost calculation and monitoring the cost as per the department / product mix, etc
  • Implementing policies & procedures to facilitate internal financial and process controls
  • Preparing & maintaining statutory books of accounts (Trial Balance, GL, Profit & Loss Account & Balance Sheet ) and scrutinizing the Company Branch Accounts
  • Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions
  • Preparing the MIS Reports, Cash & Fund Flow Statement, Budget Vs. Actual and other financial reports to keep a track of financial performance
  • Implement systems and tools for regular and periodic financial reporting, share, review and report MIS periodically, highlight variances, investigate causes and recommend corrective action and track its implementation to ensure easy access to and transparency in business information for effective decision making.
  • Effective management of both fund based and non-fund based credit facilities availed form the bank, Issuing and negotiation of Import/Export LC.
  • Review Capex proposal, Service Contract, Logistic contract relevant to Mfg Plants to ensure it relevance to business requirement, financial terms and conditions, justification of price, taxation, DOA limit, budget availability, credit worthiness, credit period and company SOP being adhered to.
  • Contribute to Plant planning process, monitor implementation of business plans and adherence to budgets, highlight any variances and investigate possible causes, report BU key performance parameter to ensure achievement of business target, efficient use of resources, competitiveness and sustainability of the BU.
  • An effective communicator with excellent relationship building and interpersonal skills. Strong analytical, problem solving & organizational abilities

Job Classification

Industry: Consumer Electronics & Appliances
Functional Area: Consumer Electronics & Appliances
Role Category: Finance
Role: Finance - Other
Employement Type: Full time

Contact Details:

Company: Bajaj Electricals
Location(s): Pune

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₹ 45-61 Lacs P.A

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