Manager - Finance & Accounts

1 week ago


Pune, India NOV Full time

JOB DESCRIPTIONRole SummaryAs 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) regulationsTreasury & 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.ABOUT USEvery day, the oil and gas industry's best minds put more than 150 years of experience to work to help our customers achieve lasting success. We Power the Industry that Powers the WorldThroughout every region in the world and across every area of drilling and production, our family of companies has provided the technical expertise, advanced equipment, and operational support necessary for success-now and in the future. Global FamilyWe are a global family of thousands of individuals, working as one team to create a lasting impact for ourselves, our customers, and the communities where we live and work. Purposeful InnovationThrough purposeful business innovation, product creation, and service delivery, we are driven to power the industry that powers the world better. Service Above AllThis drives us to anticipate our customers' needs and work with them to deliver the finest products and services on time and on budget.


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