1 Preparation of annual P&L budget for the core business of the company in ERP.
2 General ledger scrutiny for monthly closing activities.
3 Review of Budget Vs. Actuals based on systems output and variance analysis of the same.
4 Monthly valuation of inventories and its analysis in consultation with Cost Accountant.
5 Preparation of monthly financial statements (P&L statement & Balance Sheet) after closing all the modules in EBS (Oracle ERP).
6 Finalisation of standalone and consolidated statement of Profit & Loss and Balance Sheet and audit of annual financial statements in accordance with Ind As & preparation of annual report (financial part).
7 Compliance of regulatory requirements w.r.t. the Companies Act, 2013, MCA, etc.
8 Finalisation of standalone and consolidated statement of Profit & Loss and Balance Sheet and audit of Wholly owned subsidiary company in Germany and compliance with regulatory requirements.
9 Statutory compliances of foreign wholly owned subsidiaries such as filing of APR with RBI, etc.
10 Evaluation of inter-company transactions within the group from a Related Party transactions (transfer pricing) perspective.
11 General Ledger scrutiny to identify cases of under-utilized Assets.
12 Liaisoning with Banks for servicing their information requirements for credit assessment & maintenance/enhancement of limits, etc.
13 Liaisoning with credit rating agencies for bank borrowing credit rating, etc.
14 Prepare forward-looking statements to be provided to institutions, banks & credit rating agencies.
15 Review of RR under-performing assets and recommending action to be taken
16 Co-ordinating internal audit with user groups and finalizing observations and responses for top management.
1 Evaluating and reviewing ROCE and ROE on all investments in subsidiaries as against cost of capital of the parent company.
2 Business partnering and carrying out variance/trend analysis of Plan Vs. Actuals focusing on Revenue, Margins (bifurcated into Price, Volume, Product Mix, exchange gain/(loss)), S&D and G&A expenses, EBITDA, EBIT, PAT, Head count, DSO (days), Inventory (days) & Capex.
3 Review of annual budget for P&L, Cashflows, Capex & headcount for existing subsidiaries and more subsidiaries that may be added in future.
4 Review of monthly business analysis deck provided by MIS team in ELCZ.
5 Periodically review and evaluate the effectiveness of internal controls prevalent in the subsidiary companies, both system and manual controls.
6 Define the Risk matrix in each of the subsidiary companies and review the findings of Internal auditors on tests carried out against each of the risks.
7 Tax planning for subsidiaries.
8 Preparing and suggesting Transfer Pricing of products for sale between subsidiaries, inter-se.
9 Arrange Transfer Pricing documents from India for operating subsidiaries in compliance with their respective local laws.
10 Co-ordinate and plan cashflow requirements of all subsidiaries and arrange funding thereof, with top management approvals.
11 Co-ordinate the banking arrangement of all subsidiaries and provide necessary information to group bankers, where applicable.
12 Ensure compliance of all statutory provisions as per the law of land of the respective subsidiaries.
13 Provide support for drafting and review of legal/commercial contracts of subsidiary companies.
14 Support in formation of New subsidiary companies overseas.
15 Review the accounting policies and financial statements of subsidiary companies, prior to their finalization.
16 Interact with the statutory auditors of subsidiary companies, where necessary.
17 Co-ordinate the reconciliation of inter-company accounts of subsidiaries, for transactions inter-se.
18 ERP implementation for ELCZ and other group companies as necessary
Required Candidate profileShould have current / Prior experience in Big 4 firms in assurance.
Should have experience in manufacturing / medical devices industries.
Salary: Not Disclosed by Recruiter
Industry:Medical / Healthcare / Hospitals
Functional Area:Accounts, Finance, Tax, Company Secretary, Audit
Role Category:Senior Management
Desired Candidate Profile
PG:CA - First Attempt
Doctorate:Doctorate Not Required
Transasia Bio-Medicals Ltd.