Manager Finance
Schneider Electric
Vadodara, Gujarat, IN
3d ago

Job Description

Manager Finance-007DAI

Role :

This role will be responsible for supporting finance controller (FBP) for month end closing in manufacturing units in a timely and accurate manner.

The primary purpose of the role is to provide financial support to operations, running costing estimates through financial knowledge insights and effective decision support.

The role will also be responsible for leading the statutory reporting, facilitating internal and statutory audits satisfactorily and in a timely manner.

  • Compliance
  • Partner with finance excellence team to standardize and automate processes and establish system based controls.
  • Scrap management as per company guideline.
  • Inventory management
  • Own the costing process for inventory
  • Review the Bill of material, costing allocation cycles and reconciliation accounts
  • Inventory management conduct physical verification of inventory, monitor slow moving / obsolete inventory and provisioning of the same
  • Inventory Accounting - Review GR / IR and ensure there are no long outstanding entries, conduct consumption variance analysis and reconciliations
  • Review inventory costs both for material and conversion cost
  • Provide business with requisite costing MIS report to assist business in decision support and pricing
  • Accounting and Costing review
  • Scrutinize and check periodically the hygiene of General Ledger entries and balances relating to respective business locations
  • Co-ordinate and provide support to respective business MIS team to ensure effective and efficient execution of cost takeout initiatives.
  • Monthly Costing analysis with Tender cost estimates & action for the deviations.
  • Ensure all requisite information / documents are provided to Shared service team for smooth transaction processing.
  • Own the month end closing activities for respective locations
  • Asset management Ensure adequate controls are in place for asset management (asset write off / disposals, physical verification, tagging, scrap management, transfers, etc.)
  • Work towards effective resolution of any discrepancy or data / entry issue in consultation with the Finance Controller.
  • Review and sign off all MIS reports that are to be presented to the senior management team.
  • Ensure timely completion of month end closing under tight time schedule.
  • Audit
  • Ensure timely completion of the statutory for the company.
  • Internal audit support Co-ordinate with internal audit controller and other department for smooth conduct of internal and statutory audits.
  • Provide necessary information / documents to handle audit queries.

  • Ensure all required information is provided to the auditors and all queries raised are adequately addressed.
  • Should have :

  • Deep understanding of business operations
  • Advanced analytical skills
  • Good Working knowledge of ERP SAP
  • Displays high Drive for Results
  • Showcases excellent Team Leadership skills
  • Possesses good Interpersonal Skills, Communication skills
  • Qualifications

    Cost Accountant / CMA / CA


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