Job - Manager - Finance & Controls

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Manager - Finance & Controls

The vacancy has expired

Salary

INR 1400000 to INR 1800000
Location

Coimbatore, Asia
Industry

Engineering & Automotive

Job Description

Our client is a reputed Listed organization looking to recruit a Financial Controller for its JV operations in Coimbatore, Tamil Nadu. The candidate must have Fluency in English and Tamil (Must). CA or ICWA / CMA with 7 to 9 years of exposure is what the client is looking at - please exclude articleship / internship experience in judging eligibility.

Job Description

The broad objectives of this position are:

To ensure financial & commercial controls at the JV, and monthly reporting against Annual Operating Plan (AOP).
Defining and implementing guidelines to protect the financial position of the company, strengthen controls and minimize business risks. This also includes building up relationship with cross functional leaders at the JV and develop business partnership keeping organizational objectives in mind
Perform the role of a business partner with special emphasis on superior cost management, working capital management, and operational efficiencies
Revisit various processes and sub-processes with a view to automating and digitizing them and improve the quality of financial reporting
To assist in the group financial reporting and consolidation by providing timely financial results of the JV and get the accounts audited in a timely manner without any qualification or adverse remarks from Statutory Auditors

Key Accountabilities:

Lead AOP exercise for the JV
Prepare Monthly/Quarterly Financial Analysis (MIS) & Business commentary on key drivers underlying the performance

Evaluation, monitoring and control over the overall cost of production with specific

attention to Sales Pricing, Margin, Factory Costs and other Overheads

Reporting to JV partners, meeting data needs of the Senior Management; monthly presentation
To submit data, information/projections etc to the bankers, rating agencies etc;

To lead the Cost reduction measures and periodic review & reporting

Strict monitoring of Fixed Asset Register (FAR), review of Capital WIP, Capitalization & Impairment testing

Engaging with the leadership team on superior working capital management

To lead the physical verification & reconciliation of inventory and assets exercise periodically
Accounting Process documentation and designing process flow charts, and effective use

of the ERP from the perspective of establishing superior internal financial controls

Timely closure of the agreed action points emerging from various audits.
Interact with cross functional teams to provide consultative support to planning initiatives through financial and management information analyses, monthly results, documents review, reports and recommendations.
Deep understanding of Product costing principles

Work closely with the Reporting Manager and his corporate team to deliver finance priorities: people development, IFC & Digitization initiatives
Identify opportunities to improve manufacturing and logistics efficiency and working capital performance through insightful performance analysis
Serve as final point of escalation for Accounts Receivable/Accounts Payable & BRS issues at the JV
Lead the quarterly/annual audit, consolidation and financial result finalization
To handle the insurance matters of the JV under the guidance of the Group – Corporate team
To handle the tax matters of the JV under the guidance of the Group – tax team

Candidate Profile

Minimum 7-9 years in a manufacturing company
Hands on experience in manufacturing accounts, costing & MIS
Thorough in Planning and Budgeting
Working knowledge of banking and tax
Good IT exposure and orientation
MUST BE FLUENT IN BOTH ENGLISH & TAMIL - IT IS A MUST FOR THIS ROLE