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Roles and Responsibilities
Education: CA/ICWA
Experience: 8 to 10 years of work experience of Auto Industry with knowledge of hire purchase and leasing and financing work.
The position will report to Business Head / CEO and coordinates with Canada Office on regular basis.
KRA`s and Critical Tasks this person needs to perform:
Maintaining and updating the Books of accounts and reporting on revenue, and cash/Bank collections to Business Head on daily basis. In addition to and Specifically to Client operation the candidate is required to perform, below mentioned tasks without fail:
Month to month situation of payable to the supplier and the interest cost carried on overdue payments to Suppliers.
Reconciliation with the suppliers and buyers.
Reconciliation with groups inter-company transactions and Client`s Inter-branch.
Month to month situation of receivables from customers and the interest cost carried on overdue payments from them.
Keeping track of claims to be settled by our principal Zahira and Claims payable to Zahira.
Regular follow-up of claims to be settled by Tata Motors.
Keeping the track of VAT situation on weekly basis.
Revenue comparison with Budgeted target-and reasons for variance to come from operations head, COGS variance with Budget - and reasons for variance
Direct and indirect expenses variance to budget and reasons for variance
Qty details of revenue and comparison with the budget and reasons for not meeting target, if any.
Collect and review the past records required for financial analysis of the Business operations,
Prepares, Communicates and reviews the MIS report with all the variances every month,
Review and monitor with the Business Heads, Qty details of revenue and comparison with the budget and reasons for not meeting target, if any.
Balance sheet review Debtors, Loans, & Advances and Creditors ageing Analysis, Shareholders fund movement including dividend declaration and insisting on formal Board resolutions to support the dividend payouts.
Review of costing to ensure the costs are all under control Overheads / direct expenses analysis to establish costs control to achieve profitability All movements in loan liabilities to be backed up by agreement
On need basis, preparing of financial projections required for submissions to the private funding agencies or to the bankers
Reporting on Financial ratios such as Working Capital Ratio, Current Ratio, Inventory Turnover Ratio, Net worth Ratio, the ratio analysis to be part of MIS reporting package.
Salary: Not disclosed
Industry: Accounting / Finance
Functional Area:
Role Category:
Employment Type: Full time
