Deputy Manager-Finance

2 days ago

Chennai, Tamil Nadu, India Eriez Full time ₹ 15,00,000 - ₹ 20,00,000 per year

Job Purpose:

To carry-out the necessary accounting duties for Eriez Magnetics India, an important subsidiary of the 80+ year-old Eriez Manufacturing Company, based in Erie, Pennsylvania, USA. This long-standing business is a leading manufacturer of process equipment which is sold into many domestic and international markets including mining, recycling, food processing, and many other material handling and manufacturing industries.

This role is integral to Eriez corporate profitable growth strategy. Eriez Magnetics India averages a turnover of approximately 30 Crore with the expectation of significant growth (>10% CAGR) over the next 5-10 years. The DGMS is accountable for proactively growing sales to meet Eriez' long term targets for profitability and annual revenue growth.

Reporting to:

Direct – GM – Finance

Duties:

·       Prepare annual budgets and forecasts in coordination with department heads; monitor and report on variances to ensure alignment with financial goals.

·       Lead costing and profitability analysis, including process/product costing, variance analysis, and cost optimization initiatives.

·       Collaborate with operations to improve unit economics and drive financial efficiency.

·       Manage direct and indirect taxation, including tax planning, advisory, and ensuring accurate, timely filings and assessments.

·       Design and deliver monthly MIS reports, business KPIs, and performance dashboards for internal management and strategic reviews.

·       Drive finance-related automation projects and digital transformation initiatives.

·       Oversee integration of financial systems across departments, ensuring data consistency and timely reporting.

·       Conduct all other requested duties as may be required from time to time

Requirements

Skills/Qualifications Required:

·       CA or CMA.

·       Minimum of 5-6 years of relevant experience in financial planning, analysis, and reporting.

·       Expertise in costing, budgeting, and taxation (both direct and indirect).

·       Proficient in ERP systems (Tally, SAP, Zoho, or equivalent), Excel, and financial modeling tools.

·       Solid grasp of financial controls, compliance, and industry reporting standards.

·       Ability to lead automation and system improvement projects.

·       Strong analytical, planning, and business partnership skills.

Benefits

Behavioral Competencies:

·       Strategic thinker with a forward-looking financial planning approach.

·       Self-starter and independent contributor with the ability to own and drive functional goals.

·       Detail-oriented, organized, and committed to accuracy and deadlines.

·       Strong problem-solving mindset: able to proactively identify gaps and implement solutions.

·       High learning agility; curious, growth-driven, and adaptable to change.

·       Effective collaborator, comfortable working cross-functionally to drive business impact.

·       Displays ownership and accountability in delivering high-quality financial insights and reports.

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