SH Finance & Commercial

Job description

Job Purpose To lead and manage all finance, accounting, and commercial functions of the unit ensuring financial discipline, statutory compliance, cost optimization, and accurate reporting aligned with organizational objectives. System & procedure in commercial & Financial function to enable management control for achieving targets with effective implementation of MIS, Taxation, budgeting, insurance, legal & statutory requirement for smooth Major Challenges: - • To keep abreast with the changes in tax and other statutory and legal compli ances to avoid any noncompliance and liability. • To improve Financial awareness of employees to utilize new and exis ting software with accuracy mentioning proper GL Code, Cost Centre, budget forecast and expenses. • To keep the manufacturing cost within defined budgets considering ever increasing material cost. • To cater the manpower deficiency as per new structure and shifting of manpower to UKSC by effectively utilizing existing manpower. • Ensuring accuracy/ timely compliance in view of the high volume of transa ctions. • Improper inventory planning by teams makes is difficult to process pro curement process speedily for emergency requirement. • To focus on cost management by developing alternate source of supplies of raw materials, interaction with operations in developing alternate consumables, to optimize the cost of manufacturing on continual basis. • Work with unit logistics team to increase back hauling between in-bound and out-bou nd logistics. • To maintain optimum stock considering the limited storage space.