: - Obtaining of Daily Requirement of Funds, Liasioning with Corporate Finance
: - Comparison with Actual Payment on Daily basis and Control Actions
b) Cash Flow Projection and Actuals for KNDV
: - Monthly projection of cash flow for Direct Material Vendor Payment, comparison with Actual on weekly basis and necessary action accordingly
: - Co-ordination with Sector Accounts or other departments
2. Local Payments and Creditors :-
:- Daily Payment Processing from SAP
:- Liasioning with Banks or other departments
:- Obtain IT support in case of any issues etc
b) Vendor Reconciliation
:- Quarterly reconciliation with vendors as per guidelines set by management
:- Co-ordination with various unit Accounts for effective reconciliation
c) Vendor Queries relating to payments, Deduction details, TDS Certificates etc
:- Solution to vendor queries for payment or related issues
:- Co-ordination with Sourcing /Supply Chain team for smooth vendor relationships
b) Payment related Issues if any and Solution thereof
d) Vendor Ageing
:- Monitoring and clearing books w.r.t. clear
:- Processing of Import documents (Advance/LC issuance/amendments/ direct etc.) by thoroughly checking the documents
:- Liasioning with Banks and Import Desk
:- Resolving discrepancies in documents and queries from Banks for payment execution
b) Payment Entries for Auto Sector
:- Passing of payment entries for Import payments released on monthly basis
:- Adhering to the management deadlines for passing entries
c) Finance Activity
:- Active involvement for financing options
:- Dealing with Corporate Finance
e) Maintaining reconciliation on Import Data Processing and Monitoring System (w.r.t. BOE)
:- Follow up with Import Desk for necessary documentation
a) Creditors MIS (Local and Imports)
b) MIS for Financial Impacts for payment
c) Ad hoc requirement
: - Dealing with internal and external auditors
a) Maintaining ISO related information as per Audit guidelines
b) Conducting periodical meetings (MRM/Steering)
b) Preparation of Minutes of meetings and circulation thereof
c) Maintaining of SOPs and timely updation
d) Liasioning with customers (both Internal and External) for feedbacks and improvement in Satisfaction scores
e) Other relevant activities as per requirement of Sector MR
Material Cost:
Detail analysis of BOM on regular basis and its impact on product wise contribution margin
In depth analysis of purchase cost for BOM items on regular basis and its impact on product wise contribution margin
Detail analysis of forceful consumption, cost centre consumption, scrap, process loss, product wise yield etc
Conversion cost:
Cost centre, Production unit and plant wise capacity utilisation
Evaluation of off loading / In loading proposals
Reduction in fixed cost / Improvement in productivity/ Analysis of rework cost
Inventory Management:
Category wise inventory levels, Inventory turn over ratios etc.
Non moving inventory of Finished goods, Direct Material and Indirect material
Obsolete inventory and its impact on P&L
Inventory carrying cost
Part wise contribution analysis for spares - price increase working
Pricing of Inter-company / related party transactions.
Identifying cost reduction lever
Monitoring utilization of investments on bought out components
Business wise alloction of costs
Pricing of New product
LINK FOR ONLINE APPLICATION - CLICK HERE
LIKE . COMMENT . SHARE. SUBSCRIBE.
