Assistant Financial Accounting Manager

Glanbia Performance Nutrition

Assistant Financial Accounting Manager

Location: WeWork, Raheja Platinum (Mumbai)

Job Summary: 

The Assistant Manager – Finance Controls is an entry-level position responsible for supporting the organization's internal financial control framework in coordination with the broader Finance and Compliance teams. The primary objective is to ensure accurate financial reporting, strengthen internal controls, and monitor compliance with internal policies and external regulations. The role requires strong analytical thinking and a sound understanding of control methodologies, with active involvement in statutory audits, internal audits, month-end close processes, and group financial reporting.

What role will you play as a member of the Controls team

Accounts, Audits & Tax:

· Month-End Activities a. Ensure accurate and timely closure of monthly books of accounts b. Perform ledger scrutiny, reconciliations, and necessary adjustments c. Coordinate with internal stakeholders for provisioning and accrual entries d. Prepare monthly financials including P&L, Balance Sheet, and Cash Flow e. Review and share MIS reports with management for variance analysis. 

· Accounts Closing a. Ensure monthly, quarterly, and annual book closures as per IFRS and Indian GAAP b. Finalize trial balance and conduct review for accuracy before closure.

· Audits (Statutory, Tax, Transfer Pricing, Internal) a. Liaise with statutory, internal, and tax auditors for timely and smooth audits b. Prepare and submit audit schedules and required documents c. Ensure closure of audit observations

· Direct Tax / Indirect Tax / GST a. Review and verify tax computations and payments b. Ensure timely GST, TDS, Income Tax filings and reconciliations c. Monitor compliance and changes in tax regulations.

· Group Reporting: Lead the preparation and submission of group-level MIS reports.

Working Capital Management:

a. Monitoring Systems: Setting up reporting to regularly monitor investments in working capital in form of Inventory, Receivable and payables.

b. Credit Control: Implementing & ensuring compliance to credit policy by review of receivable ageing, and overdue reports

c. Creditors: Optimizing the credit available from suppliers 

Governance / Compliances / Secretarial:

a. Statutory: Ensuring compliance to all other statutory requirements including FEMA/RBI, MSME, Company Law etc

b. Internal financial & other SOPs and board guidelines: Ensuring adherence to corporate/group financial policies and board requirements

c. Designing Process and Automation: Develop and document business processes and accounting policies to maintain and strengthen internal controls.

d. Secretarial compliances: including but not limited to conducting Board Meetings, Annual General Meetings, MCA forms and filings, etc 

Other responsibilities:
a. Manage the processes for financial forecasting and budgets and overseeing the preparation of all financial reporting.
b. Provide Budget vs Actual analysis to each function - Initiate corrective actions and minimize the impact of variances.
c. Work closely with bankers, auditors, financial institutions and legal advisors.
d. Involve in projects related to business development and improvement of finance processes.
e. Drive Strategic projects around Legal entity structure changes etc.

Skills Needed:

· Knowledge of MS Office
· SAP Knowledge preferable
· Ability to work under pressure to meet varying deadlines and work volumes
· Well verse with India GAAP and IFRS
· Excellent Communication skills.

Required Education/Experience:

· First/Second Attempt with minimum 2 years of experience.
· Preferred Industry experience from FMCG /Foods & Beverages / Healthcare.
· Big 4 experience will be an added advantage. 

At Glanbia, we celebrate diversity, because we know that our individual strengths make us stronger together. We welcome and encourage interest from a wide variety of candidates, and we will give your application consideration, without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status.

At Glanbia our culture will celebrate individuality, knowing that together we are more.