Senior Finance & Accounts Manager For Manufacturing Company - Chennai

Job Description

Job Title : Senior Finance Manager Qualification: Bachelors degree in commerce/ accountancy. Must be a CA qualified with 7 + years post qualification. Years of Experience: Minimum 7-10 years of experience in Taxation and Accounting preferably from the manufacturing industry with 2 years leadership experience. Location : Maraimalai Nagar , Chennai Work Timings : 7:30 amd to 5:30 pm - transportation will be available from mid points. Reporting to : Finance Director Skill Sets Required : Strong analytical skills: able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change. Excellent verbal and written communication skills and the ability to communicate complex business issues in a clear/concise manner. Adaptable/Flexible: being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations Software knowledge Required: Strong knowledge and experience with MS office, Tally, Hyperion & SAP Job Description : He / She will be responsible for leading a diverse team responsible for managing factory finance, financial accounting & reporting, direct & indirect tax and payables & treasury operations. Factory Finance Function as business partner of production centre to the local and global management team Work with business leaders to drive margin improvements across production centre activities. Work closely with Group Finance teams to improve transparency and cost efficiency by delivering top quality analytics and insights Create factory specific financial reports, maintaining clarity on product costs Drive input collection from various departments and functions to prepare budgets and forecasts. Quarterly (monthly) review of headcount utilization, evaluation of resource requirements considering utilization and production schedules Maintain standard cost, create variance reports, review with business and management to determine the need for any adjustments Quarterly true-up of actual cost vs. standard cost along with under/over absorption charge out Analyze financial data and operational cost for comparison to budget and forecast with focus on manpower cost, overtime cost, general factory overheads, transportation cost. Highlight any trends that require attention or correction and work to implement improvements Collaborate with global team in identifying best practice and improvement opportunities, implementing and monitoring the global KPIs Identify priority investment areas to optimize cost, assist and support CAPEX planning Special projects as needed, including ERP implementation Accounting & Taxation Preparation of annual financial statements, leading relationship with statutory & internal audit team. Prepare of Income tax statements, review of GST, and TDS returns, while ensuring compliance with tax laws. Drive reviews of balance sheet reconciliations on monthly & quarterly basis. Ensure the accuracy and integrity of financial data by reviewing journal entries, account reconciliations, and financial reports prepared by finance team. Responsible for implementation, monitoring, and auditing of the ICOFR Coordinate and manage tax audits and open litigations, attend personal hearings and communicate outcome to relevant stakeholders. Transfer pricing assessment, analysis and documentation Establish internal policies, procedures and processes for reporting of taxes, payments of tax liabilities, conduct of tax audits and overall management of tax risks and opportunities Build and implement routine processes to ensure all payments (local and foreign) are executed in a timely manner Support Finance Director to automate and streamline reporting and analysis Suitable candidates pls call /whatsapp 9884448694 or mail resume to rathika@prometoconsulting.com