At a Glance
- Tasks: Drive financial strategies and optimise costs in a dynamic rail and terminal environment.
- Company: Leading finance team in a fast-paced rail and inland terminals sector.
- Benefits: Competitive salary, career growth, and opportunities to influence strategic decisions.
- Why this job: Make a real impact on financial performance and operational efficiency.
- Qualifications: Must be a Chartered Accountant with relevant industry experience.
- Other info: Join a collaborative team focused on innovation and excellence.
The predicted salary is between 36000 - 60000 Β£ per year.
Deputy General Manager - Finance - Rail & Inland Terminals
Department: Finance
Location: Gurugram
Qualifications: CA qualified with relevant work experience is a mandate.
Responsibilities:
- Formulate and drive Must Win Battles β Understand leadership priorities by meeting business heads and align on strategic goals (growth, cost, efficiency).
- Identify high-impact areas such as volume and cost drivers; estimate financial impact (savings/incremental revenue).
- Define owners, timelines, KPIs, milestones; weekly tracking and monthly reviews; create a dashboard for leadership updates.
- Identify and drive cost saving initiatives β drill into top expense line items (transportation, terminal expenses, fuel, handling, lease, repairs); compare terminals, vendors, business units; track variance vs budget, vs prior period, vs productivity norms.
- Identify initiatives to improve by vendor renegotiation; process improvements; utilization improvements; define owners, timelines, KPIs, milestones; weekly tracking and monthly reviews; create a dashboard for leadership updates.
- Reports: Customer wise Margin Report, Rake Days Lost, Container Detention Report, Circuitwise Profitability Report, Asset Utilization Report: Rake, Container, Trailer, RST Asset Utilization Report.
- Collect data regarding: Gross asset available during the period, unavailability due to driver/breakdown, idle time, trips completed.
- Compute key metrics: Utilization %, turnaround time, productivity per asset.
- Identify underutilized assets and list the reasons (maintenance, detention, low demand); share actionable insights and drive the utilization.
- Publish weekly & monthly report; standardisation of cost across terminals β map all cost heads across terminals; identify variations; work with BU Heads/Ops to establish standard cost range wherever possible; identifying initiatives and driving them to bring the cost within standard range; sharing dashboard highlighting the impact of cost above standards.
- Avoid ECL and drive ECL recovery β analyse the probable 3-month ECL report shared by RO; define collection targets; customer-wise expected recovery; monitor movements to 90+/180+ days; daily recovery monitoring; exception reporting every week; reduce new ECL creation; stop service for highly overdue customers.
- Monitor and track returns from all capex investments including insights to be acted upon.
- Annual Operating Plan, Rolling Forecast, Month Review Decks, Board Meetings, Internal Audit, Revenue Leakage.
Deputy General Manager - Finance - Rail & Inland Terminals employer: Institute of Management Accountants, Inc.
Contact Detail:
Institute of Management Accountants, Inc. Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Deputy General Manager - Finance - Rail & Inland Terminals
β¨Tip Number 1
Network like a pro! Reach out to industry contacts and attend finance-related events. We all know that sometimes itβs not just what you know, but who you know that can help you land that Deputy General Manager role.
β¨Tip Number 2
Prepare for interviews by researching the companyβs financial strategies and recent initiatives. We want you to be able to discuss how you can drive cost-saving initiatives and improve asset utilisation, so come armed with ideas!
β¨Tip Number 3
Showcase your analytical skills! Be ready to discuss how you've tackled similar challenges in the past, like managing ECL recovery or creating impactful reports. We love seeing candidates who can back up their claims with real examples.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, weβre always on the lookout for talented individuals who can help us drive strategic goals in finance.
We think you need these skills to ace Deputy General Manager - Finance - Rail & Inland Terminals
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Deputy General Manager role. Highlight your experience in finance, especially in areas like cost-saving initiatives and financial reporting. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the responsibilities listed in the job description. We love a good story!
Showcase Relevant Achievements: When detailing your work experience, focus on achievements that demonstrate your ability to drive results. Use metrics where possible to quantify your impact. Weβre all about those numbers that tell a story!
Apply Through Our Website: Donβt forget to apply through our website! Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, itβs super easy β just a few clicks and youβre done!
How to prepare for a job interview at Institute of Management Accountants, Inc.
β¨Know Your Numbers
As a Deputy General Manager in Finance, youβll need to be on top of your financial metrics. Brush up on key performance indicators relevant to the role, like cost drivers and asset utilisation rates. Be ready to discuss how you've used data to drive decisions in your previous roles.
β¨Align with Leadership Priorities
Understand the company's strategic goals and how they align with the finance department's objectives. Prepare examples of how you've previously collaborated with business heads to achieve growth and efficiency. This shows that you can think strategically and work cross-functionally.
β¨Demonstrate Cost-Saving Initiatives
Be prepared to share specific examples of cost-saving initiatives you've implemented in the past. Discuss how you identified high-impact areas and the results of your actions. This will highlight your ability to drive financial improvements and manage budgets effectively.
β¨Prepare for Technical Questions
Expect technical questions related to financial reporting, ECL recovery, and capital expenditure monitoring. Brush up on your knowledge of these areas and be ready to explain your thought process clearly. This will demonstrate your expertise and confidence in handling complex financial matters.