Associate Manager Job in Prakash Chemicals International Private Limited

Associate Manager - Finance

Location: Vadodara

Job Purpose:

As an Associate Manager - Finance, you will be responsible for formulating and executing financial strategies that ensure the smooth operation of the business. Your role will involve overseeing cash flow management, working capital cycles, risk analysis, compliance, and providing critical financial insights to support business decision-making. You will also manage customer credit analysis and maintain regulatory compliance across various financial and risk functions.

Key Responsibilities:

• Business Planning: Formulate and implement a business plan for the finance department at the start of each financial year, ensuring alignment with the company s goals.
• Liquidity Management: Ensure sufficient liquidity of funds to meet business requirements, facilitating smooth operations.
• Financial Management: Manage cost-efficient financial strategies and oversee the company's financial health.
• Working Capital Management: Oversee the working capital cycle, ensuring proper balance between receivables, payables, and inventory.
• Receivables & Payables Management: Efficiently manage receivables and payables to maintain smooth cash flow and operational efficiency.
• Regulatory Compliance: Stay updated on RBI guidelines, banking norms, and other financial regulations, ensuring full compliance with statutory requirements (RBI, IFRS, SEBI).
• Risk/Return Optimization: Suggest systems and processes to optimize the risk/return ratio, particularly in areas like Forex management and other financial risks.
• Creditworthiness Analysis: Conduct customer creditworthiness analysis to assess financial risks and ensure timely payments.
• Subsidiary Financial Management: Manage financial and risk requirements of subsidiaries, ensuring their compliance and financial health.
• MIS Reporting: Provide Management Information System (MIS) reports to support business decisions and financial planning.
• Cross-functional Collaboration: Work closely with cross-functional teams such as Marketing, SCM, Sourcing, and Operations to align financial strategies with business goals.
• Government Benefits & Subsidies: Identify and manage government benefits, subsidies, export benefits, and advance licensing. Analyze duty structures for new products to optimize financial operations.

Qualifications:

• Education: B.Com + MBA in Finance or a related field.
• Experience: Proven experience in financial management, working capital management, and risk analysis within a corporate environment.

Behavioral Attributes:

• Entrepreneurial Mindset: Strong drive to take ownership of projects, manage financial strategies independently, and contribute to business growth.
• Techno-Commercial Acumen: A keen understanding of both financial and commercial aspects of the business.
• Networking Skills: Strong networking abilities to build relationships with stakeholders, including banks, regulators, and other external parties.
• Ownership & Commitment: Strong sense of ownership and commitment to achieving financial goals and ensuring the company s financial stability.
• Teamwork & Collaboration: Ability to collaborate effectively across departments to align financial strategies with broader company goals.
• Maturity & Adaptability: Adaptable and mature approach to handling complex financial issues and business decisions.
• Communication: Excellent communication skills for presenting financial information and collaborating with internal teams and external stakeholders.
• Customer Insight: A strong ability to understand customer financial requirements and manage their creditworthiness.

This is an exciting opportunity for a Finance Professional who is looking to take on a leadership role in managing the financial health and strategy of a growing business. If you are proactive, strategic, and ready to contribute to the company s financial success, we encourage you to apply!