Financial Business Partner Operations

• Full responsibility and oversight of the financial and costing analysis surrounding the manufacturing/cost of goods sold and inventory of John Crane India.
• Responsible for understanding movements in these costs as well as oversee the leading analysis of the data to allow for better decision making by the business.
• Publish and carry out cost center reviews with Cost Centre Managers and team leaders in the Operations team.
• Evaluate work center rates based on absorbable costs and maintain the same in SAP. Review work center rates and propose revisions as necessary
• Work with Operations Manager on rolling forecast and publish leading and lagging indicators on Operations KPIs.
• Monitor and track strategic projects related systems costs vs. approved investment and build warning systems to message any upside and downside risks on project target costs and lead times.

• Review the accuracy of transfer prices maintained in SAP for any new parts created during the year vs. the transfer pricing guidelines.
• Working alongside with Senior Manager - Operation & Analysis on:
• Be a key driver in understanding “orders, sales, and backlog” by the sales team, customers to enhance business decision making on driving inventory management
• Maintain up-to-date balance sheet reconciliations for Stock GLs, including stock provisions (NRV provisions and provisions for obsolete and slow-moving inventory).
• Prepare journals for the month-end stock adjustments.
• Prepare Actual vs Budget commentaries for Operation performance along with variance analysis for headline numbers vs. the latest forecast.
• Be a key driver in the development of the forecast/budget and India strategic plan, including Capex, SR1/SR2, etc.
• Preparation of the month-end closing schedule and reporting pack as directed by the Financial Controller.
• Ensuring that commercial projects, such as investment proposals and capital projects, meet the needs of the organization and have undergone appropriate financial evaluation.

• Overall responsibility for ensuring that all aspects of India Operations comply with relevant Operations financial policies and processes including: commercial projects, such as investment proposals and capital projects, meet the needs of the organization and receive appropriate financial evaluations covering verification, benefit assumptions, and post-completion reviews; having adequate financial controls to protect manufacturing assets, including asset verifications; being compliant with all Smiths Group financial Operations-related policies and procedures, such as operation approvals, spending limits, expense procedures, Capex applications, etc.; and effective risk management process to mitigate key problems and issues that may impact India Operations.
• Actively participate in Internal & External Audit for relevant areas and support the closure of any audit action points.

Education / Experience:

• A minimum 5+ years of relevant professional experience with a strong focus on Operational and/or Strategic Business Analysis.
• Qualified CMA or CMA Inter with 4 plus years of experience in costing, inventory, reporting & budgeting. 
• Good communication and written language ability in English.
• Ability to make good judgments in an increasingly complex global business by effectively sourcing and analysing critical information and making effective, timely decisions; considering the needs and impacts on business stakeholders.
• Strong business sense and change management skills.

Knowledge /Skills:  

• Professional accounting qualification.
• Effective written, verbal and presentation skills with the ability to communicate and present to senior-level management. Key internal and external relationships
• Excellent Microsoft Excel skills and experience of using financial consolidation systems and ERPs (SAP knowledge strong plus).
• Self-starter with flexibility and willingness to balance multiple, changing priorities and work under tight deadlines.
• Work closely with other areas of the business to develop a clear understanding of the implications their decisions have both in the short and long term.
• High degree of independence, resourcefulness, and personal drive.
• Team player with excellent interpersonal skills and the ability to relate to staff at all levels.
• The role will be based at John Crane India, Bangalore, and will report directly to the Global Customer Operations Financial Controller. Travel is expected to be limited.

With colleagues stretching across the globe, we are proud of our diversity. To foster inclusivity, we run employee resource groups (ERGs) to provide a safe space for employees to connect and support each other. Our cross-business ERGs include Veterans, Pride Network, Black Employee Network, Network, and Neurodiversity. 

Across our company, we recognize excellence, culminating in the Smiths Excellence Awards, our annual celebration of the most extraordinary activities, people, and projects that best showcase our strengths and help drive our business forward. We announce these on our annual Smiths Day, a global celebration of Smiths around our network. 

Join us for a great career with competitive compensation and benefits, while helping engineer a better future. 

We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.

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