Manager - Finance & Accounts

Role Summary

As a key finance leader within our India operations, the Manager – Accounts & Finance will ensure robust financial controls, budgeting, statutory compliance, timely reporting, and support plant-level and corporate-level financial decision-making. The role demands a hands-on experience with a strong understanding of Indian GAAP and working knowledge of US GAAP, global reporting standards, and manufacturing plant financials.

Key Responsibilities 

Financial Accounting & Reporting

• Oversee and ensure preparation of monthly, quarterly, and annual financials in compliance with US GAAP reporting and IND AS.
• Manage GL, AP, AR, fixed assets, costing, inventory accounting, and intercompany reconciliations.
• Coordinate with Shared Service Centres (SSC), where applicable, to ensure accurate data flow and reporting.

Costing & Manufacturing Finance

• Manage standard costing, variance analysis (material/labour/OEE), and margin tracking at plant-level.
• Partner with production, procurement, and supply chain teams to analyze cost drivers and optimize cost control.
• Conduct periodic inventory valuations and physical verification, ensuring minimal discrepancies.

Budgeting & Financial Planning

• Drive the annual operating plan (AOP) and quarterly rolling forecasts.
• Analyze actual vs. budget variances, highlight deviations, and recommend corrective actions.
• Prepare plant P&L, working capital forecasts, and capital expenditure tracking.

Taxation & Statutory Compliance

• Ensure timely compliance and filings for GST, TDS, income tax, and customs (where applicable).
• Handle audits (internal/statutory/tax) and maintain updated documentation for assessments and inquiries.
• Stay current with changes in tax laws, especially relevant to the manufacturing sector.

Internal Controls & Governance

• Lead internal control framework compliance (SOX/ICFR) and ensure process documentation.
• Regularly review SOPs and process workflows to identify risk and inefficiencies.
• Support compliance with Companies Act, FEMA, SEZ/EOU (if applicable) regulations

Treasury & Cash Flow Management

• Manage day-to-day banking operations, including payments, receipts, and fund transfers.
• Ensure optimal utilization of working capital and maintain healthy liquidity ratios.
• Prepare and monitor cash flow forecasts to ensure smooth operations.
• Manage relationships with banks, financial institutions, and rating agencies.
• Handle forex management and ensure compliance with FEMA regulations.

People Leadership & Cross-Functional Collaboration

• Lead and mentor a team of accountants; develop skills through on-the-job training and goal setting.
• Collaborate across engineering, production, HR, SCM, and global finance teams for seamless operations.
• Be the face of finance for internal and external audits, bank relationships, and global stakeholders.

Qualifications & Experience

• Chartered Accountant (CA) - Mandatory. 
• CMA/MBA Finance - Preferred.
• Post qualification 8–12 years in finance roles, including 03+ years leading a team.
• Minimum 04 years of experience in a manufacturing plant environment - Mandatory.
• SAP S/4HANA or Oracle, advanced Excel, PowerPoint, Power BI.
• Fluent in English; knowledge of regional language a plus.

Key Competencies

• Strong understanding of manufacturing operations and cost structures
• Hands-on experience in audit closures and compliance management
• Leadership skills with a bias for process improvement and automation
• High integrity, analytical mindset, and stakeholder communication abilities
• Experience in working in matrix environment.