Manage entire Costing and Management Accounting of Coating Resins BU (BU).
To report the P&L, Balance Sheet and BU reports as per BU Financial, Planning and Analysis (FP&A) requirement.
The BU controller ensures for his/her site and his/her BU management team an accurate and timely financial reporting, providing suggestions to make the company achieve its operational plans and optimize its profitability.
Besides leading the budget process, preparing the monthly forecasts, and interpreting the actual performance, the BU controller is also expected to enhance the accuracy of the reported financial results through adequate policies and internal control.
Prepare monthly Financial Outlook and Forecasts.
Prepare monthly Flash Reporting with commentaries.
Prepare monthly Landed cost report for Raw material and packing material.
Prepare monthly Price list to Sales Director.
Prepare monthly Management Deck for Global leadership team.
Prepare monthly Customer wise and Product wise margin report.
Prepare monthly closing activities as per SAP Ambition Core model.
Prepare monthly Production Order analysis
Monitor customer credit control (by following up customers overdue)
Monitor the plants operating cash flow (CAPEX, inventories)
Monitor trade working capital to ensure meeting to management target
Prepare quarterly Slow moving inventory
Prepare quarterly Sales growth NBD
Half-yearly Off Balance sheet commitment
Annual 5 Years Plan and Budget
Annual Physical Stock Verification
Project management – work closely with operations and commercial team for return of investment (IRR, NPV, Payback).
Coordination with SSC –Shared Service Centre for monthly closing.
Support SSC for Statutory Audit, Internal Audit, Cost Audit.
Any other Adhoc support to BU and regional management.