Senior Finance Manager

Job Description : SENIOR FINANCE MANAGER INDONESIA 5) Sr. Manager - Finance 6) 7) Job Purpose : Plan, control and monitor the effective implementation of financial accounting systems and statutory compliances at PTE unit in order to support the Financial and Commercial requirements of the business. 8) Key Results Areas : Accounting System Control & Management - Monitoring quarterly and annual finalization of books of accounts, tax compliance and statutory audits. - To implement internal controls and periodical review of systems. - To ensure filing of the tax returns along with proper supporting documents within the stipulated time period. - Ensure periodic reports and payments of premium. - Update the accounting practices & system for better internal control in line with group's policies and procedures. - Ensure payment of dividend to shareholders, distribution of Salary and wages. welfare of Community, timely payments to Suppliers, timely payment and information to bankers and Insurance Companies etc. 9) Strategic Initiatives : - Evaluate, review, compile and present CAPEX proposals (Green / Brown Field) from the Units w.r.t assumptions, pricing, cost and returns etc. - Evaluate financial and operational viability of the proposals. - Assess & review returns on key investments. - Providing necessary data and reports for periodic review of block sanctions and unspent blocks. Stores Management : - Monitor and control availability of stocks for stores controlled inventory items & maintenance of proper record & analysis report. - Monitoring receipt, Storage, Sale of Waste and comply with customs requirement related to waste sale - Provide inputs and coordinate with departments for developing alternate sources for OEM to assist for cost reduction. Legal & Statutory Compliances : - Coordination with Customs in the factory premises and at the Custom office - Ensure timely renewal of existing Insurance policies. - Liaison with govt. authorities and ensure taxes are deducted & deposited in Govt. account as per the rules & regulation of the country. Treasury & risk management : - Manage forex coverage as per policy. - To invest surplus fund to optimize return and risk. - To ensure coverage of proper Insurance. - Supervision of fund flow. To ensure efficient deployment of funds. - Keeping track on the foreign currency exposure and ensure prudent coverage of exposure - Management of fund to ensure optimum return on surplus fund - Assessment and evaluation of working capital limits 10) MIS Preparation : - Preparation of Annual Budget in coordination with all the departments of the unit - Preparation & Finalization of monthly targets and ensure communication to all concerned. - Finalizing, communicating and coordinating for monthly review of MPR - Collate and send all periodic reports required under Chairman Management Information System and coordinating with Corporate Finance Group - Prepare and send data for monthly benchmarking at Business Level and provide other data as and when requested for. Systems Adaptation : 11) - To ensure timely correct entries in books of accounts in both online and offline systems - Coordinate with Developers for Qlick view application development. - Migrate all financial processes to SAP (Monthly cost run, month closing, Raw Material consumptions, revaluation of forex etc) - To support in development of dash board for availability of critical Business data and information. Secretarial Functions : - Yearly renewal of POA for all functional heads and CEO, Unit Heads - Coordinate between secretarial dept to get the signatures etc from POA and get it notarized. - Getting of board resolution for different statutory authorities - Validate minutes of the Board Meeting, Annual General Meeting - Validate other documents as required for compliance and maintain records. - Compliance of Subsidiary Companies in Germany - Compliance of Regular monthly accounting, Corporate tax ,VAT - Finalization of Annual accounts of Subsidiary in Germany and consolidation with Subsidiaries FS. Candidate requirements : - 10 to 12 years of experience in manufacturing company - Chartered accountants

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