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Finance Manager
2 weeks ago
𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻 - 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗿
𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 - Manufacturing
𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝘁𝗼: Headquarter in UK/UAE
𝗪𝗼𝗿𝗸 𝗣𝗮𝘁𝘁𝗲𝗿𝗻 - 5 days /week from the office
𝗪𝗼𝗿𝗸 𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻 - Andheri till end of 2025 , from Bhiwandi (Candidate is expected to work at Andheri and Bhiwandi )
𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝗛𝗿𝘀 AM to 5.30 PM
𝗜𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 - 2 to 3 Rounds ,combination of In Person Interview and Digital.
𝗝𝗼𝗯 𝗦𝘂𝗺𝗺𝗮𝗿𝘆:
The Financial Manager - Responsible for the 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. The ideal candidate will have a strong background in manufacturing finance, exceptional analytical skills, and the ability to drive continuous improvement initiatives.
𝗤𝘂𝗮𝗹𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀:
• Bachelor's or Master's degree in Accounting, Finance, or a related field.
• Professional certification (A qualified 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.
𝗞𝗲𝘆 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀:
𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 & 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:
• Prepare and present timely and accurate financial statements and report to Headquarters in UK and UAE.
• Monitor and analyse manufacturing costs, variances, and production performance to identify areas for improvement.
• Conduct variance analysis, including material, labor, and overhead variances.
• Budgeting & forecasting annual budgeting process for manufacturing operations, including capital expenditure planning.
• Inventory Optimization, Inventory controls over receipts and physical verification.
• 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) for both external and internal customers and suppliers.
• Handling inter-company transactions, inter-company settlements, Reconciliation with headquarter and subsidiaries.
𝗖𝗼𝘀𝘁 𝗖𝗼𝗻𝘁𝗿𝗼𝗹 & 𝗢𝗽𝘁𝗶𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻:
• Implement and maintain robust cost accounting systems and processes.
• Analyse cost structures and identify opportunities for cost reduction and efficiency
improvements.
• Monitor and control manufacturing overhead costs, ensuring accurate allocation to products and processes.
𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗦𝘂𝗽𝗽𝗼𝗿𝘁:
• Collaborate with production and operations teams to understand financial implications of manufacturing activities.
• Provide financial insights and recommendations to support operational decision- making.
• Utilize job order costing and process costing techniques to ensure accurate product costing.
𝗔𝘂𝗱𝗶𝘁 𝗖𝗼𝗼𝗿𝗱𝗶𝗻𝗮𝘁𝗶𝗼𝗻
• 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.
• Address audit queries in a timely and efficient manner.
𝗕𝗮𝗻𝗸𝗶𝗻𝗴 & 𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝘆
• Perform bank reconciliations and ensure accurate records of all cash transactions.
• Set up and process international payments to foreign vendors.
• Maintain documentation and relationships with banking institutions.
Annual Statutory & Financial Reporting
• Liaise with external Auditor and ROC consultants to ensure the timely completion of Statutory Audit, and ROC filings under the Companies Act and Income Tax Act.
• Maintain and update the Fixed Asset Register (FAR); verify capitalisations, disposals, and depreciation schedules.
• Support in drafting and finalising financial statements and ensure timely submission to auditors and the Group CFO.
• Oversee GST compliance and financial operations
• Comply with TDS, tax laws & ROC as per act.
𝗛𝗼𝘄 𝘁𝗼 𝗔𝗽𝗽𝗹𝘆
CVs can be emailed to: 𝘃𝗿𝗶𝘀𝗵𝗮𝗹𝗶..𝗰𝗼𝗺