Financial Business Partner Operations

Company Description John Crane a business of Smiths Group is a global leader in mission-critical flow control solutions for energy and process industries that enable efficient and sustainable operations Our products include mechanical seals and systems couplings bearings filtration systems and predictive digital monitoring technologies We have a global network of more than 200 sites in over 50 countries and employ more than 6 000 people worldwide We partner with our customers to help them keep their operations safe reduce downtime improve efficiency and meet the latest environmental standards John Crane is part of Smiths Group For over 170 years Smiths has been pioneering progress by engineering for a better future We serve millions of people every year helping to create a safer more efficient productive and better-connected world across four global markets energy security defence space aerospace and general industrial Listed on the London Stock Exchange Smiths employs approximately 16 000 colleagues in over 50 countries 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 Qualifications 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 Additional Information 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 Women Work 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 At no time during the hiring process will Smiths Group nor any of our recruitment partners ever request payment to enable participation - 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