Senior Corporate Finance Specialist

6 days ago

Solapur, Maharashtra, India beBeeFinancial Full time ₹ 1,00,00,000 - ₹ 1,50,00,000

Job Opportunity

Position Overview

The Financial Manager will be responsible for overseeing financial management and reporting of manufacturing operations. This role requires a deep understanding of manufacturing processes, cost accounting, and financial analysis to ensure accurate financial planning, budgeting, and performance evaluation.

Key Responsibilities:

  • Prepare and present timely and accurate financial statements and reports.
  • Monitor and analyze manufacturing costs, variances, and production performance to identify areas for improvement.
  • Develop and maintain financial models to support forecasting and long-term financial planning.
  • Validate, approve, review, and manage the collection and payment of Accounts Receivable (AR) and Accounts Payable (AP).
  • Handling inter-company transactions, inter-company settlements, Reconciliation with headquarters and subsidiaries.
  • Implement and maintain robust cost accounting systems and processes.
  • Analyze cost structures and identify opportunities for cost reduction and efficiency improvements.
  • Monitor and control manufacturing overhead costs, ensuring accurate allocation to products and processes.
  • Collaborate with production and operations teams to understand financial implications of manufacturing activities.
  • Provide financial insights and recommendations to support operational decision-making.
  • Act as a point of contact for external auditors.
  • Coordinate audit activities across all subsidiaries, ensuring timely and complete submission of audit schedules and reports.
  • Perform bank reconciliations and ensure accurate records of all cash transactions.
  • Maintain and update the Fixed Asset Register (FAR); verify capitalisations, disposals, and depreciation schedules.

Requirements:

  • Bachelor's or Master's degree in Accounting, Finance, or a related field.
  • Professional certification (CA, CA Inter, MBA) preferred.
  • Minimum 4 to 5 years of experience in a similar role with exposure to headquarter reporting.
  • Strong knowledge of IFRS, and cross-border compliance requirements.
  • Proficient in accounting systems and MS Excel; experience with Oracle Netsuite ERP software is an advantage.
  • Excellent analytical, organizational, and communication skills.

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