Financial Controller

Job Description : FC ETHIOPIA FOR PHARMA · To ensure that costing records are updated on a regular basis and all production activities are properly recorded in the books of accounts. · To ensure that statutory records are properly maintained and statutory returns are submitted to the respective departments as per the prescribed dates · Capex Budgeting Framework · Financial & Feasibility study · To provide: I. Financial concurrence on time. II. Timely response to SBU / Function Heads for their Costing requirements for a Product / Service. III. Timely submission of all information / data required to take a decision / action by the SBU / Functional Head IV. Timely submission of periodic MIS/Budget etc. V. To provide and cooperate with various departments/individuals w.r.t. to their data requirements and assisting them in meeting their desired deliverables. · To ensure that all the daily/weekly/monthly & other reports prepared as per schedule as required are sent to HO · Liaison with banks and Financial Institutions · Over all control on supply chain, purchases, stores etc. To be active member of project implementation. Principal Accountability: · To ensure cost efficiencies in all the Manufacturing areas Production, purchase, engineering & Marketing and other allied cost centers and achieve cost saving targets given by management from time to time · To ensure that all variable Expenses are lower or equal to Budget and are comparable as a percentage to sales. · To ensure that all the equipments in the works are utilized to the fullest extent and maximum productivity is ensured. · To ensure that production losses are minimized and yield is optimized. · To ensure that Capex Requirement of Users are attended in a time bound manner with proper feasibility study etc so that only the viable ( Based on ROI and Other benchmark like Regulatory Requirement ) project are executed within the overall "Capex Budgeting Framework", thereby increasing the operational efficiency of users · To ensure that all the Capex Payment are released within a time period of 3-5 days from the receipt of payment requisition so as to facilitate purchases dept to deal effectively with vendor. · Financial & Feasibility study · To ensure that all the Internal Customers and External Customer like Statutory and Internal Auditor are provided with all the relevant information/ Statement / Documents etc in a time bound manner so that they are able to carry out their activities effectively Oversee & guide the manufacturing units in the area of "Accounting Activities Supervision and Finalization" and in the area of " Capex/ Project Budgeting, Feasibility Study, Approval from Management, Monitoring, Payment etc." in such a manner that they are able to carry out the respective activities and cross functional interaction independently and effectively

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