Location
Faridabad | India
Job description
Varel Energy Solutions (VES) is one of the world’s largest independent manufacturer and suppliers of downhole drilling and completions products to the energy sector. The key to the company's success is underpinned by the virtues and the cultural framework of our employees. VES offers an exciting and fast paced work environment, attractive benefits, and competitive pay. If you’re looking to invest in your career development, Varel Energy Solutions is the right place for you. Come join our team!
Summary: VES is looking for a Finacial Analyst to join our team in Faridabad, India location. This person will lead the business planning and financial reporting for Faridabad. Follows all company and department policies and procedures.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Delivers monthly performance reports, MIS which include key metrics, financial results.
- Leads the annual budgeting exercise working alongside the functional heads and performs any reforecasts subsequently required.
- Monitors and reports cash through robust forecasting and daily reporting.
- Maintains BPC balances and reconciliations to SAP/ERP.
- Provides monthly flash forecasts.
- Ability to Forecast, Budget, Benchmarking of all expenses & expenditure of company, Plan and efficiently control the numbers. Ability to work on Projections for expansion or diversifications, whenever necessary.
- Setting up of Internal Financial Controls for the company and ensuring the compliance for same along with Internal Auditor.
- Ensure professional representation of the company in front of various banking, financial, CA and regulatory authorities.
- Ensure timely adherence to the various banking and regulatory compliances, while ensuring to protect the companys interest always. Maintain effective and proactive communication with the management, keeping them abreast about updates relating to accounts, finance, and banking.
- Ensure productive output from Finance team.
- Effective document management.
- Recoveries from debtors and credit control of debtors to ensure smooth cash flows of the company. He/she will be highest level of escalation in team regarding debtors. In case of delays, debit notes issued by debtors or any other related issue, will be visiting or communicating with customer as required.
- Responsible for managing all Exports related process and ensuring the adherence as per SOP.
- Payments to be done online from bank as and when authorized by management.
- To monitor and ensure that all statutory compliances of the company are completed in time.
- Any task related to finance as and when assigned by management.
Education and/or Experience:
- Bachelor’s degree in Accounting, Finance, CA Mandatory
- At least 8-10 years of progressively more responsibility within a finance function and extensive experience using ERP systems.
- Good inter-personal skill to work with different functions or in cross-functional team
- Working knowledge of SAP/ERP system, taxation areas etc.
- Advanced Excel
Thank you for your interest in a career with Varel Energy Solutions.
Job tags
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