Finance & Commercial Manager

Job TitleFinance & Commercial ManagerDepartmentFinanceDivisionDabur - UKLocationLondon, UKEducationCA Batch 2018 / 2017Experience5 - 7 Years’ ExperienceReports toCFO – IBDBusiness Manager – Dabur International, UKSupervisingNAPRIMARY INTERACTIONSInternalExternalHead of Departments – IBD, Internal team – UK/ USACustomers & Distributors, Shipping Agents, Audit firms, Legal Firms, Tax authorities, Federal & State Government Bodies.Responsibility AreaFunctions.Finance & CommercialTo ensure and manage the profitability of the business unit.
To take necessary measures to reduce the risk by advising the Management of the compnay by determining the areas of concern in every aspect of Dabur International and bringing them to the attention of the interested parties
Recommeding the effective use of resources to the management committee.
Negotiating with Business associates/ Distributors on various financial issues.
Quarterly Customer account reconciliation and balance confirmations
Cost control & Profit improvement projects
Processing Claims
Creating, advising and maintaining Pricing Structure.Budget & MISResponsible for preparing, presenting and controlling the budget.
Monitoring business performance of the unit againts budget & recommeding the management for course corrections in due time.
Pricing decision to protect margin, calcluating distributor return on Investment & part of decision making team for distributor margins.
Creating & Monitoring Secondary Sales & Stock MIS for each customer & SKUCompliance & RiskEnsuring that company records are kept properly in accordance with local accounting standards, IFRS and other regulatory laws and regulations
Ensuring compliance with all accounting standards. (VUK, IFRS, Indian GAAP)
Ensuring that all transcations are conducted in compliance with the SOP and the Delegation of Authority
To take necessary measures to reduce the risk of work by advising the Management of the compnay.Supply ChainEnsures timely availability of finished products in accordance with sales plan across different items and SKUs
Coordinating with India & Dubai supply chain for timely servicing of orders.
Meets FG dispatch requirement of Sales in liaison with production.
Timely notice of changes in dispatch plans to all concerned functions.
Provide plan to Planning based on need & demand.
Ensure proper documentation & timely Clarence of containers at Customers end.OthersResponsible for launching new systems and processes.
Salary processing & filing of Payroll Tax returnsAuditsEnsures compliances for Internal,external &process audits.
Reviewing all audit reports and ensuring that necessary actions are taken.
Liaisons with State Tax authorities, Income tax authorities.
Credit Control & credit insurance. Follow up on customers collection
Tax compliances, Overheads booking, scrutiny

MSI Group