CA, 3-6 yrs PQE, Manager Outsourcing Commerical at Manufacturing Major, Mumbai

  • 4 - 6 Years
  • Not Mentioned
  • mumbai
  • permanent
  • Chartered Accountant
  • Key Purpose of the Job (Position Summary)

    The position is responsible for cost budgeting and to ensure adherence to targeted cost and OPEX This includes optimization of conversion costs Periodic evaluation & settlement of conversation cost with outsourcing partners (vendors) responsible for periodic contract renewal & ensuring vendors profitability  asset management at vendors location disposal of non conformance generated.  Legal compliance to statutory requirements and relevant agreements and maintaining working capital.

     

    KEY PERFORMANCE AREAS

    ·Conversion cost evaluation & Periodic settlement

    ·Cost budgeting & adherence

    ·Optimize overall Cost including opex

    ·Adherence to payment cycles and reconciliation of accounts

    ·Adherence to all statutory and legal compliance requirement

    ·Conversion cost evaluation & Periodic settlement

    ·Cost budgeting & adherence

    ·Asset Management at vendor end

     

    KEY ACTIVITIES  & RESPONSIBILITIES

    Planning

    ·Monitoring and reduction of overdues for outsourcing units to ensure vendor satisfaction

    ·Ensure implementation of policies with respect to credit management, account receivable management and pricing of outsourced products

    ·Manage working capital through inventory control, regulation of accounts receivable and payable

    ·Analyse financial impact of various outsourcing options to aid in the decision – making process such as detention charges of imported goods, CENVAT utilization, etc.

    ·Continuously assess and review business process towards optimum flow and proper documentation

    ·Identify opportunities to reduce cost through negotiation, contract management, budgeting and control

    ·Analyse budgeting variances and suggest ways to control cost

    Purchase & Negotiations

    ·Participate in negotiations for bought-out tyres and raise the necessary Purchase orders for the same

    ·Supports in quarterly negotiations with vendors for Bladder and raise the necessary Purchase orders for the same

    ·Supports Central Planner in monitoring and Liaoning with vendors for plant-wise Bladder availability, closing stock, transportation and follow-up.

    Compliance and Documentation

    ·Ensure necessary legal compliance pertaining size and MRP of packed products

    ·Ensure statutory compliance, issuance of all F and C forms, excise and other regulatory compliance, Commercial and sales compliance and other policies

    ·Ensure compliance with local taxation systems during interstate billings

    .Drive new tax initiatives like GST

    ·Meet the statutory compliance relating to existing laws and issue forms for Excise packaging Commodity Act, and Sales Tax

    ·Identify tax related issues at the outsourced units and lease with the Taxation Head to resolve the same

    .Ensure timely finalization/ renewal of Commercial agreements/ Contracts with vendors

     

    Collections and Payments

    ·Prepare and monitor collection of dues as per targeted receivables

    ·Review payments as per due dates

    ·Attend to collection related disputes that may arise.

    ·Ensure quarterly reconciliation of all outsourcing accounts and resolution of discrepancies

    ·Track and manage claims pertaining to the finished goods as per the established claims policy for the outsourcing business

     

     

    Education and Experience Required

    Education:

     C.A./I.C.W.A / MBA (Fin)

    Mechanical Engg + MBA in Fin

     

Employer Profile :

  • Manufacturing Major, mumbai
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