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.

About Us

Every 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 World

Throughout 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 Family

We 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 Innovation

Through purposeful business innovation, product creation, and service delivery, we are driven to power the industry that powers the world better.

Service Above All

This drives us to anticipate our customers’ needs and work with them to deliver the finest products and services on time and on budget.

About The Team

Corporate

Our family of companies is supported by our global Corporate teams, providing expert knowledge from functions including Human Resources, Information Technology, Compliance, Finance, QHSE, Marketing and Legal centers of expertise. We are structured to provide guidance and service above all to all our business operations.

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Manager - Finance & Accounts

Experience & Salary

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Job Type

Job Description

Role Summary

Key Responsibilities

Financial Accounting & Reporting

Costing & Manufacturing Finance

Budgeting & Financial Planning

Taxation & Statutory Compliance

Internal Controls & Governance

Treasury & Cash Flow Management

People Leadership & Cross-Functional Collaboration

Qualifications & Experience

Key Competencies

About Us

We Power the Industry that Powers the World

Global Family

Purposeful Innovation

Service Above All

About The Team

Corporate

More Jobs at NOV