Senior Finance Manager

Role :Senior Finance Manager ( FMCG Manufacturing )

Location: Thodupuzha

Summary:

Allnessjobs is seeking a highly motivated and experienced Senior Finance Manager to join our dynamic team in a leading FMCG manufacturing company. He /She will play a pivotal role in overseeing all aspects of finance and accounting.

This role offers a unique opportunity to play a key leadership role within a dynamic FMCG manufacturing company. The candidate will have the chance to make a significant impact on the company's financial performance by optimizing our receivables function and ensuring efficient cash flow.

Responsibilities:

⢠Lead and manage the finance and accounts team, ensuring smooth operations, adherence to accounting standards, and a focus on efficient receivables management.

⢠Develop and implement robust financial systems and processes, specifically for receivables, to optimize efficiency, accuracy, and timely collections.

⢠Oversee the entire receivables function, including credit control, collections, bad debt management, and ensuring timely customer payments.

⢠Collaborate with sales and marketing teams to develop and implement effective credit policies and collection strategies.

⢠Analyze customer creditworthiness and implement risk mitigation strategies to minimize bad debt.

⢠Manage the entire accounting cycle, including accounts payable, general ledger, and financial reporting.

⢠Develop and manage financial budgets and forecasts, providing regular variance analysis and insights to senior management, with a focus on receivables performance.

⢠Prepare and analyze financial statements, ensuring accuracy and compliance with statutory regulations.

⢠Implement and maintain internal controls to safeguard company assets and mitigate financial risks, particularly related to receivables.

⢠Manage relationships with external auditors and ensure timely completion of audits.

⢠Collaborate with cross-functional teams (production, sales, marketing) to provide financial guidance and support business decision-making.

⢠Stay updated on relevant financial regulations, accounting standards, and best practices in receivables management.

⢠Ensure effective utilization of SAP within the finance function, particularly for receivables management.

⢠Identify and implement cost-saving opportunities throughout the finance function, including within receivables processes.

⢠Manage working capital to ensure optimal cash flow.

Skills and Qualifications:

⢠7-8 years of experience in a senior finance role within the manufacturing sector, preferably FMCG.

⢠Proven track record of successfully managing and optimizing receivables functions.

⢠In-depth knowledge of financial accounting principles, practices, and receivables management best practices.

⢠Strong analytical and problem-solving skills.

⢠Excellent communication, presentation, and interpersonal skills.

⢠Ability to work independently, manage multiple priorities effectively, and lead a team.

⢠Proficiency in MS Office Suite (Excel, Word, PowerPoint).

⢠Expertise in SAP, particularly for financial and receivables modules.

⢠Strong understanding of costing principles and inventory management.

⢠Experience with budgeting, forecasting, and financial analysis.

Education:

⢠CA + MBA Finance or CA + ICWA qualification is highly desirable.

Benefits:

⢠Competitive Salary and Benefits Package (Negotiable)

Full time