Budgeting and Forecasting

• Ensure seeking of inputs from field, plant, commercial finance, etc. in order to prepare for appropriate budgetary decisions
• Analysis of information pertaining to live items and their positioning in the budget
• Quantifying and analysing differences in in plans and figures for future years, vis-à-vis past performance
• Attend and prepare for monthly meetings for reviewing progress of current initiatives and make future forecasts for the same
• Seek information and inputs on future forecasts from business heads who are a part of profit council forum on a periodic basis and conduct discussions on the same

Financial Analysis and Monitoring

• Analysis and review of all reports and suggesting strategies for improving profits
• Analysis and review of various MIS reports prepared by the team on a regular basis
• Interact with various teams and departments for seeking inputs and information on various aspects of cost, materials, product, projects, etc.
• Device universal templates for preparation and presentation of various reports, to be used by all the teams

Documentation and Reports

• Prepare MIS report containing appropriate representation of actual v/s budgeted performance and also portrays a variance analysis
• Ensure inclusion of cost variance parameters at plant level, market level and covering of balance sheet in the MIS report
• Present the MIS report to the CFO and Management Committee periodically
• Ensure timely preparation of report to be presented to the CFO which shall be covering matters pertaining to product-plant profitability
• Ensure meticulous preparation of the annual operational expenditure report

Submission of the operational expenditure report to the CFO / Management Committee and seek feedbacks for the same