Designation : Manager  Finance & Internal Control

Location : Noida 
Experience  : Min 10 yrs 

v  MIS & Reporting

·      Presentation and Apprising to the Top Management the monthly financial operation and results of the company in the Internal Board Meeting

·      Analysis of the variances between Budget Vs Actuals, getting reasons thereof and presenting the same to Top Management and Holding Company’s management

·      Apprising the Operating Head of other Divisions about the Budget Vs Actual position of their division and suggesting the ways to improve accuracy in variances

·      Reporting the budgets and actual results and other financial information by preparing monthly/ quarterly and annual special reports to Honda Motors Japan in specified formats 

v  Accounts Payable Functions

·      Supervising verification and processing of Invoices

·      Handling verification and processing of Invoices for the supplies of Stores and Spares, Raw materials, Packing Materials, capital goods and Repairs and Maintenance

·      Supervising open items including outstanding advances and outstanding payables to suppliers; ensuring Opex and Capex payments are made in time along with purchase request clearance

·      Preparation of MIS and Ageing Report on monthly basis

·      Periodic Reconciliation with vendor and Co-ordinating with Purchase and delivery department along with vendor accounts for query resolution

v  Accounts Receivables Functions

·         Handling the accounts payable functions in relation to Dealers i.e. various dealer claims, Incentives, reimbursements, schemes, Payment for warranties etc.

·         Dealer Account Management in relation to other claims and co-ordination for query resolution

·         Managing the warranties functions: creation of provision for standard and Extended warranties and products recall, reassessment of provisions, payments and recoveries of same

·         Handling the calculation of Royalty and its payment

·         Preparation of various MIS and variance analysis for Sale and Other income, warranty and royalty, apprising the management with Budget Vs Actual reasons

v  Capex Budget and Planning

·      Coordinating, data accumulation, analysis and review of Capex and Start-up Budget on quarterly/yearly/long term plan and providing the projected cash flows on the basis of same

·      Supervising the Capex and Start up MIS on monthly basis and apprising the Management for the reasons of deviations in Plan Vs Actual and taking counter actions in next budget plan

·      Analysis and calculations of Depreciation projections for long term plan, yearly and quarterly budget and analysis of the same on different parameters and previous periods

v  Fixed Assets Management

·      Responsible for managing the fixed assets, its capitalisation, transfers, retirement, depreciation run and month closing activities

·      Analysis of depreciation Plan Vs Actual on different parameters

·      Maintaining the assets records on IGAAP and IFRS (Japan Reporting purpose)

·      Managing the physical verification and assets tagging exercise for identification

v  Others

·      Coordinating with statutory and internal auditors to ensure compliance and audit as per Ind AS and finalization of audit schedules as per the requirement of auditor

·      Formulating and review the processes, establishing controls and ensuring compliance of the ICOFR and Sox audit requirements

·      Confirming the compliances of IGAAP and implementation of Ind AS

v  Finalisation of Accounts

·         Finalization of accounts in conformity with all the accounting standards, IGAAPs & Sch III

·         Interaction with Internal and Statutory Auditors, replying them and get the books audited

·         Preparation of Balance Sheet of the unit on monthly and quarterly basis