Designation
DY MANAGER FINANCE
Location Corporate Headquarters - Thane
Job Description

Assists the Controller Finance & Joint CFO in areas of Group Reporting, Budgeting, Fund Raising, Capex Controls, Forex exposure management and other adhoc requirements.

The area of Group Reporting is the dominant function.

Group Reporting includes:

  1. Input of various financial information in Hyperion Financial Management (HFM) system, i.e.,
    • Monthly statutory financials and management reporting.
    • Quarterly interim Reporting (including Capex reporting).
    • Annual reporting in Huhtamaki Financial Reporting Forms (HFRF)
    • Step Change Reporting
    • Weekly Sales Report
    • Quarterly Estimates
    • Annual Budgets.
  2. Group Reporting of Management information using:
    • Monthly reporting templates
    • Quarterly reporting templates.
    • Annual Budget Presentation templates including Budget Forms etc.
    • Quarterly Forex reporting forms
    • Ad hoc requirements.

Budgeting is an involved function, which sees intense activity in the months of July to November.

Assignments on fund raising, Capex control and Forex exposure management are inputs to Joint CFO for decision making.

The position has functional responsibility to the Controller-Finance & Joint CFO of Huhtamaki-PPL.

Being a listed public limited company, Huhtamaki-PPL has to comply with various requirements of Indian GAAP and being a subsidiary of Huhtamaki, it has to comply with International Financial Reporting (IFRS) requirements.

Close interaction is required with the Finance & Accounts team. Internally, active interaction is also required with the Heads of various Departments. Externally, interaction is required with other Huhtamaki controllers, bankers, internal and Statutory auditors.

Dimension Quantification
Y 2006 Annual Sales Turnover INR 4649 million
Y 2006 EBIT INR 596 million
Direct Reports None
Qualification

Chartered Accountant OR Cost Accountant OR CFA. Supplementary qualification in Legal would be an advantage.

Position Requirement
  • Good Communication Skills.
  • Good Analytical Skills.
  • Strong ability in understanding & interpreting financial data and deriving inferences for action.
Experience
3-7 years experience in a manufacturing and / or multinational organization with specific orientation towards management reporting.
Age 28 – 35 yrs
CTC for this position
4 - 8 lacs PA (based on quality of experience, organisation, profile, quality of the Institute from where the candidate has passed out)
Those with higher experience, from a reputed organisation, can be considered for higher compensation.
Contact Email Id hrd@pplpack.com
   
Accountability and Expected End results
Key Task/Activity - % of Time
Accountability
Expected End Result/Key Performance Indicator
Group Reporting 70%
  • Collation of base information from various plants /locations.
  • Translation/conversion of base information from Indian GAAP to IFRS.
  • Moving all the required information into pre-defined input templates and upload into HFM.
  • Extracting management information/graphs from the HFM for detailed analysis and further reporting.
  • Follow up & collation of performance reports from plants and functional heads to serve as inputs for monthly reporting.
  • Yearend audit of the statutory financial data and information in HFRF.
Timely compilation of submission of information in an accurate manner backed by detailed analysis for decision making.
Budgeting 15%
  • Co-ordination with plant heads, plant controllers & function heads in obtaining required information for Budgeting.
  • Converting the inputs into meaningful financial information and analysis thereof
  • Translating the budget into Group Reporting formats and input into HFM
  • Monitoring budgets v/s actuals at overall Corporate level
Timely compilation of submission of information in an accurate manner backed by detailed analysis for decision making.
Capex Controls, Forex exposure management and other ad hoc requirements15%

Control and coordination of capex spends at corporate level. Also, evaluation of capex proposals and assistance in making strategic CEP proposals.

Compilation of forex exposure information and documentation for transactions in forex management.
Quality, creativity and accuracy in executing the assignments.

Technical decisions with financial impact are taken in consultation and with approval of joint CFO.