Financial Controller MHCV

·       Annual Budgeting for respective business unit (Truck; Bus) Vertical with detailed workings and analysis.

·       Providing Estimates for effective decision making; Actuals MIS Reporting; Variance Analysis

·       Control Working capital for respective business unit (Truck; Bus) by:

o   Collection estimates for effective cash management.

o   Monitoring IBND / Credit-GP Receivables:

§  Track collection patterns against IBND / Credit-GP outstanding

§  Advise details for advance received from customer

§  Regular review of customer ledger and advising necessary entries

§  Provision for bad and doubtful debts for Project / Govt / STU sales etc.

o   Inventory Management:

§  Timely reporting and valuation. Review of stock aging.

§  Enabling vehicle insurance from Stock to Vehicle-in-transit

§  Reconciliation of derived item-wise stock with SAP stock

·       Monitoring EBIDTA Margin for Truck / Bus  vertical:

o   Gross Margin workings and Variance Analysis

o   Monitoring cost movement; Cost reduction initiatives etc.

·       Administrative Overheads – Actuals Reporting / periodical monitoring / Estimation etc. (Annual AOH: ~ 120 Cr)

·       Enabling with necessary approvals for overhead booking, PO Approvals, accounting necessary provisions in books.

·       Co-ordination with Insurance team - Insurance on stock – m-o-m stock reporting; handle enhancement of Sum-Insured; provide details and handle queries raised for insurance claims etc.

·       Financial Accounts related activities and audit handling (Internal and External (Statutory / Related Party)) in adherence to Ind-AS.

·       Adherence to Tax laws and regulations–TDS; GST; TCS – Enabling GST reconciliation; TDS accounting and payment on due dates.

·       Review of Trial Balance (Truck; Bus); ensuring proper accounting; enabling improvisation of MIS reports through automation.