Manager

KSB Limited; Sinnar; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

KSB Limited in Sinnar, Maharashtra, is seeking a finance lead to own the profitability and budgeting for the Sinnar Division. You will drive P&L analysis, tender pricing, MIS reporting and cost control across multiple functions, coordinating with plant heads and warehouses.

The role requires strong accounting discipline, experience in budgeting, cost tracking and statutory compliances, with exposure to GST and audit processes.

Qualifications

• Experience in financial analysis and profitability management.
• Ability to prepare budgets and monitor variances against plan.
• Strong cost accounting and overhead allocation skills.
• Knowledge of tax audit, statutory compliance and MIS reporting.

Responsibilities

• Own P&L for Sinnar Division including pricing, tender quotes and MIS.
• Budget preparation and monthly cost centrewise review with plant head.
• Oversee warehouse cost controls, invoicing and supplier/payments cycle.
• Monitor GST, tax compliance, audits and export documentation where applicable.

Skills

Financial analysis

Budgeting & variance

Cost control

P&L ownership

Job description

1. Individual Responsibility : 1) Responsible for Profitability of Sinnar Division - P&L statement, Variance analysis , Pump type profitability analysis, pay back calculations, Tender Quotations , Pricing, MIS, Project work. 2) Controlling Sinnar - Preparation of budget and comparison of actual with budget. Monthly review with plant head of cost center-wise expenses, Plant performance, profitability of Sinnar. 3) Controlling 22 warehouses-co-ordinating with Manager Warehouse operation for Controlling aspects – Installation of system & monitor- inventory , failure cost , Invoicing , C&F agents contract maintenance, payments to C&F agents. Single window for Warehouse & BO 4) PIP / PRP Committee – Controller of all Price Increase / decrease, mitigation planning for PIP, early warning signals with suggestions to management. Head of team comprises of Controlling, PMG, Purchase & Production. 5) Indirect Material Purchase Committee - as per the Guidelines. 6) Product Management – Closely working with and as a team member of PMPS department for Contribution analysis, product bench marking, cost tracking, new product development. 7) Scrap Disposal & Auctioning – Main member of Scrap Disposal Committee, awarding tender, Scrap disposal, Auctioning of scrapped machines & assets as per SOP. 2. Monitor and control through subordinates 1) Financial Accounting - – a) Suppliers Accounts – bill booking, ASC claims, payments reconciliation etc. b) Receivables Accounts – Sales Accounting, Stock Transfers, Discount Credit notes, commercial document dispatch c) Cash & Bank – cash accounting, bank reconciliation, funds management d) dealer business – MoU &TOD credit notes. e) Preparation & completion of Tax audit / Statutory audit / internal audit schedules and timely submission. 2) Cost Accounting – Product Costing, overhead allocation, computation of machine hour rate and recovery, standard cost development etc. 3) Assets management – Assets verification, addition, deletion, insurance information, etc. 4) Statutory Compliances, payment in time, filing of returns like TDS, profession tax,etc. 5) GST – credit, facing GST / excise audits, Pre & Post Export documentation, communicating with Government officials. 6) Transport – Monitoring Dispatches, out-word freight, contract with transport agency, GIT monitoring, transit insurance claims etc. Export Commercial – Export invoicing, documentation, appointment of CHA, Commercial document dispatch, correspondence.

KSB is a leading supplier of pumps, valves and related service. Our reliable, high-efficiency products are used in applications wherever fluids need to be transported or shut off, covering everything from building services, industry and water transport to waste water treatment, power plant processes and mining. Founded in 1871 in Frankenthal, Germany, the company has a presence on all continents with its own sales and marketing organisations and manufacturing acilities. Around the globe, more than 190 service centres and around 3,500 service specialists are on hand to provide local inspection, servicing, maintenance and repair services under the KSB SupremeServ brand. Innovative technology that is the fruit of KSB’s research and development activities forms the basis for the company’s success. At KSB, we recognise that it is people who actually make the difference – the people we employ and the people we serve. This is why we are committed to equal rights and treatment worldwide and never lose sight of the aspects ecology and sustainability when manufacturing our products.

Get to know KSB