Deputy General Manager of Finance

About us : Exide Energy Solutions Limited (EESL) is one of the fastest growing companies who has vision to solve social issues regarding energy, environment, resource, etc with producing lithium-ion battery products. Exide Energy Solutions Ltd is setting up India’s first Giga plant to manufacture Lithium Ion Cells in Bengaluru. Exide Energy Solutions Limited is looking for Assistant Manager - Control Engineer in the Manufacturing organisation to achieve company’s goal at the Prantij, Gujarat, Battery Pack Manufacturing Location. Qualification and Experience: CA / ICWA with 10-20 Years of Hands of Experience in Finance Roles and Responsibility: 1.Financial Accounting & Compliance Oversight - Ensure timely and accurate preparation of financial statements as per ind AS and Companies Act. - Oversee compliance with statutory reporting requirements-ROC filings, GST returns, TDS, tax audit, and internal audit. - Review and approve final accounts, schedules, and notes to accounts of plant - Coordinate with auditors and tax consultants for smooth audit and compliance processes for plant 2.General Ledger & Closing Management - Supervise Gil accounting, reconciliations, and monthly/quarterly/year-end closing activities. - Ensure all financial transactions are recorded accurately with proper documentation. - Oversee resolution of accounting discrepancies and unusual variances. - Drive continuous improvement of month-end close process to ensure deadlines are met. 3.Cash & Bank Reconciliation - Oversee bank reconciliations and cash flow statements. - Ensure proper controls over bank accounts and cash management. - Monitor bank covenants, credit facilities, and short-term funding requirements. 4.Intercompany & Related Party Transactions - Manage intercompany accounting and reconciliations between multiple plants and corporate. - Ensure compliance with transfer pricing regulations and related party disclosures. - Liaise with subsidiaries and holding company on intercompany settlements and reporting 5.Fixed Assets & inventory Accounting - Oversee capitalization, depreciation, asset reconciliation, and disposal processes. - Ensure inventory valuation and stock reconciliations comply with accounting standards. - Coordinate physical verification and reconcile discrepancies with finance records. 6.Financial Controls & Risk Management - Implement and monitor internal controls over financial reporting (ICFR). - Identify financial risks and ensure mitigation plans are in place. - Ensure adherence to company policies, SOX controls (if applicable), and audit recommendations. 7.Industry & Regulatory Analysis - Stay updated on accounting standards changes, tax laws, and regulatory updates relevant to manufacturing. - Analyze industry trends, competitor financial performance, and benchmarking reports. - Advise senior management on financial implications of regulatory and market developments. - Monitor sector-specific issues such as raw material price volatility, energy costs, and environmental compliance costs. 8.Team Leadership & Stakeholder Management - Lead and mentor the accounts team across plants. - Coordinate with cross-functional teams-Finance, Tax, Legal, Operations, and Procurement. - Act as key liaison with auditors, banks, tax authorities, and statutory bodies. - Report on financial performance and issues to CFO and Board Finance Committee. 9.Systems & Process Improvement - Drive automation and digital transformation initiatives in accounting processes (ERP, RPA). - Ensure data accuracy and integration between accounting, ERP, and reporting systems. - Standardize accounting policies and procedures across locations for consistency and compliance 10.Strategic Financial Advisory - Support strategic Initiatives like mergers, acquisitions, expansions, and capital investments. - Provide financial insights and scenario analysis for decision-making. - Collaborate with FP/&A on budgeting, forecasting, and long-term financial planning. Mandatory Skills: - Financial Reporting - General Ledger & Closing Management - Fixed Assets Accounting - Accounts receivable and payable process management - Credit risk assessment and control - Cash flow and working capital optimization - Bad debt provisioning and recovery - Internal controls and compliance - Cost accounting and variance analysis - Inventory management and valuation - Team Leadership & Stakeholder Management Desired Skills: - Strong experience in Monthly, quarterly and year end closing of books of the company. - Experience in Plant financials reporting and preparation of MIS - Team Leadership & Stakeholder Management - Accounts reconciliation process - Proficiency in SAP or other ERP software. - Experience with CARO (Companies Auditor's Report Order) - Ability to collaborate effectively with the operations, finance, and audit teams. - Strong analytical skills for variance analysis and reconciliation tasks