This position is responsible for monitoring and managing project budget, schedules, and performance metrics and involves collaborating with project managers and stakeholders to ensure effective project execution and adherence to financial and operational goals.
Managing the MIS for the business and Business Performance analyses.
Support the Finance head/manager in developing the Business Unit Financial Budgets relating to Sales, Materials, Utilities, Cost and projected P&L.
Business partner with other functions. Support in expansion of category in other regions.
Roles & Responsibilities
Develop, monitor, and control project budgets; analyze variances and recommend corrective actions.
Prepare detailed financial forecasts and analyses to support project decisions.
Ensure timely and accurate financial reporting in compliance with organizational standards and regulations.
Prepare regular reports on project status, financial performance, and key performance indicators (KPIs) for stakeholders.
Monitor project expenditures and ensure compliance with budgetary constraints.
Liaise with external stakeholders, including auditors, banks, and clients, regarding financial matters.
Support in developing the Business Unit Financial Budgets relating to Sales, Materials, Utilities, Cost and projected P&L in consonance with the Corporate Strategy.
Responsible for MIS and Business Performance analyses; to ensure Business health and P&L objectives.
Establish adequate costing systems for establishing cost of material, process, end product and overheads to determine product pricing and realizable margins.
Overseeing and supporting the operational activities for the BUs under the category
Understand, reflect & practice IFFCO’s vision & values
KPIs
Cash flow forecast accuracy
Project Management and compliance
Financial Accuracy
Support BU to achieve Budget Nos.
Efficient costing
Work experience requirement
8+ yrs. of relevant experience in FMCG / manufacturing environment.
Work experience in managing green field projects is an added advantage.
Qualification
• Chartered Accountant or accounting qualification
• MBA Finance (preferable)
Competencies Financial Compliance Credit control Financial planning and Analysis Risk Mitigation Business Planning and Forecasting Communicating effectively Self and Team Management Ownership & Result Orientation Banking relationship and management skills Cash Management Collaboration & Interpersonal Skills
