Required Skills

sap

Job Description

*Job Summary**

The Finance Executive in Logistics is responsible for overseeing financial activities related to transportation, warehousing, and supply chain operations. This role ensures cost efficiency, accurate financial reporting, and supports decision\-making to improve profitability.

*Key Responsibilities1\. Financial Planning \& Analysis**

Prepare budgets and forecasts for logistics operations
Analyze transportation, freight, and warehouse costs
Identify cost\-saving opportunities and efficiency improvements

*2\. Cost Control \& Monitoring**

Track expenses such as fuel, freight, inventory handling, and distribution
Monitor cost per shipment, route profitability, and vendor costs
Ensure adherence to budget limits

*3\. Billing \& Invoicing**

Verify freight invoices and vendor bills
Ensure accurate customer billing for logistics services
Resolve discrepancies in billing and payments

*4\. Vendor \& Contract Management**

Review contracts with transporters and logistics partners
Analyze pricing structures and payment terms
Support negotiations with suppliers to optimize costs

*5\. Financial Reporting**

Prepare monthly financial reports related to logistics performance
Generate MIS reports (cost per km, cost per delivery, etc.)
Present insights to management

*6\. Compliance \& Auditing**

Ensure compliance with financial policies and regulations
Assist in internal and external audits
Maintain proper documentation of transactions

*7\. Inventory \& Working Capital Management**

Monitor inventory valuation and movement
Support working capital optimization (payables/receivables)
Reduce wastage and carrying costs

*Required Skills \& Qualifications**

Bachelor’s degree in Finance, Accounting, or Commerce (B.Com, MBA Finance preferred)
Strong knowledge of accounting principles
Proficiency in Excel and ERP systems (like SAP, Oracle, Tally)
Analytical and problem\-solving skills
Good communication and negotiation skills