Finance Partner

2 weeks ago

Coimbatore Tamil Nadu, India CIRCOR Full time

**ORGANIZATIONAL STRUCUTRE**

BUSINESS: CIRCOR

LOCATION: COIMBATORE, INDIA

DIRECT REPORTING: FINANCE CONTROLLER / DIRECTOR

FUNCTIONAL REPORTING: RV OPERATIONS DIRECTOR / PLANT MANAGER

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**POSITION DETAILS**

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**_Position Summary_**

Continuously develop and execute of financial Planning and analysis system to meet the business objectives

**_ _**

**_Principal Activities_**
- Supporting the development and implementation of best financial practices
- Managing the Accounts receivable/ Accounts Payable/ Cashflow/ Working capital/ Import and Export compliances
- Assisting with financial forecasting
- Managing and achieving the financial targets and objectives
- Providing financial analysis to business unit management
- Supporting the financial decision and budget process
- Assisting in the preparation of the operating budget
- Supporting the preparation of management reports
- Ensuring compliance with company policies and procedures
- Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor and Analyzing data collected and recording results for Improvements
- Analyzing changes in product design, materials Procurement and handling, manufacturing methods, processes or services provided, to determine effects on cost
- Making estimates of new and proposed product costs
- Recording cost information for use in controlling expenditures and Active participations & guidance in the plant in Cost Reduction/Cost Out initiatives and efforts towards Cost Avoidance. Close coordination required with SCM, Logistics, Manufacturing Engineering and Quality for cost movement tracking, Routing accuracy and deployment, cost of non-conformance and Renegotiation, Resourcing and VA/VE/VSM.
- Analyzing audits of costs and preparing reports and Maintaining Cost Accounting System
- Providing management with reports specifying and comparing factors affecting prices and profitability of products or services with Actionable Recommendations
- Conducts physical inventories and monitors cycle count program and Reconciles the variances in inventories
- Evaluate the Excess and Obsolete inventory and action plan to reduce it.

Job Requirements:
**CANDIDATE REQUIREMENTS**

**_ Knowledge Skills & Abilities_**
- Must have a strong finance systems background and have excellent analytical skills; sound understanding of accounting principals
- Computer Literate - Strong Excel skills and the ability to use Outlook and Word. Working Knowledge of SAP will be an added advantage
- Experience working with engineering and manufacturing personnel on the development and analysis of cost standards
- Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports

**_Education & Experience_**
- Minimum of 5-7 solid years of financial Accounting in a Manufacturing Environment, preferably with a Multinational Company
- Bachelor’s Degree in Accounting / Master’s Degree in Accounting
- Work Experience at Remote Location in a Matrix Organization with Multiple Reporting will be considered as preferred

**CIRCOR is an EEO Employer of Females / Minorities / Veterans / Individuals with Disabilities**

**Job Snapshot**:
**Employee Type**: Full-Time

**Location**: Coimbatore, Tamil Nadu (Onsite)

**Job Type**: Finance

**Experience**: Not Specified

**Date Posted**: 03/21/2024

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