Manager - Finance & Accounts - ROM - CA/ICWA

Designation: Manager - Finance

Roles & Responsibilities:

Financial Planning and Analysis

• Budget Development: Assist in creating annual budgets, ensuring alignment with business goals and market conditions.
• Forecasting: Conduct sales and revenue forecasting based on historical data, market trends, and promotional activities.
• Variance Analysis: Analyse budget variances and provide insights to management regarding financial performance.

Reporting

• Financial Reporting: Prepare and present monthly and quarterly financial reports, including profit and loss statements, balance sheets, and cash flow statements.
• KPI Monitoring: Track key performance indicators (KPIs) relevant to the beverage industry, such as sales volume, market share, and cost of goods sold (COGS).

Accounting Support

• Cost Management: Monitor production costs, including raw materials, labour, and overhead, to identify cost-saving opportunities.
• Inventory Valuation: Manage and report on inventory levels, ensuring accurate valuation and compliance with accounting standards.

Cash Flow Management

• Cash Flow Analysis: Monitor and analyse cash flow, ensuring adequate liquidity for operations, production, and marketing initiatives.
• Collections Management: Oversee accounts receivable processes, ensuring timely collection of payments from distributors and retailers.

Strategic Support

• Market Insights: Analyse market trends, competitive positioning, and consumer preferences to inform pricing strategies and product development.
• New Product Evaluation: Conduct financial assessments of new product launches, including profitability analysis and return on investment (ROI) projections.

Process Improvement

• Financial Processes Optimization: Identify and implement improvements in financial reporting, budgeting, and forecasting processes.
• Technology Integration: Utilize financial software and tools to streamline operations and enhance data accuracy.

Risk Management

• Financial Risk Assessment: Evaluate financial risks related to market fluctuations, supply chain issues, and regulatory changes, proposing mitigation strategies.
• Compliance
• Regulatory Compliance: Ensure compliance with industry regulations and financial reporting standards, including beverage-specific regulations.

Other Duties

• Ad-hoc Analysis: Perform various financial analyses as required by management for strategic decision-making.
• Stakeholder Reporting: Prepare presentations and reports for senior management and external stakeholders.