Finance Manager

The Senior Manager is a key role responsible for the leadership of multiple areas of the

finance function, including financial planning & analysis, financial control, accounting, tax,

treasury, accounts payable/receivable, and credit & collections. Leads analysis, planning,

and control of the organisations financial transactions, systems, and procedures to comply

with regulations, accounting principles, and other internal/external financial standards.

Establishes and implements strategies that have short to mid-term (1-3 years) impact on

business results in alignment with organisational objectives. Leads multiple teams of

managers and Staff. Develops short to mid-term (1-3 years) plans for optimising the

organisation, function, or sub-function and the talent required to execute strategies in the job

area.

2. Key Accountabilities: Team management

Coordination of all the activities and giving guidance to all the staff in

the day-to-day Internal Controlling, Finance and Accounting activities

Review and alignment of work activities among the team members to

develop multiskilling and back-up support.

Compliance / Accounting standard /Treasury/Taxation

In-depth knowledge of Indian Accounting standard, IFRS and application

in business scenario

Filing of TDS, GST, Income Tax return, Preparations for various tax

assessment, Identification of potential future Tax issues & Resolution.

Handling all the day to day treasury activities, including cash and debt

management, analysis FX exposure of the company and Treasury hedging

solution

Support manufacturing and sourcing on commodity price hedging

solutions.

Working Capital

Effectively manage the working capital components of the company with

specific attention to stock, debtors and cash balances.

Ensure monthly reconciliation of inventory, debtors and cash balances

and follow up for optimisation of working capital.

Drive working capital reduction with the help of functional leaders and

Business controllers can improve the inventory cycle time, Vendor

payment terms and quarterly reviewing the credit terms, Collection from

customers and quarterly reviewing the credit limit.

Monthly Reporting and book closure:

Monthly closing of book for expenses, revenue, assets and liabilities for

accurate MIS reporting

Monthly Financial KPI. Strong focus on Internal Financial control. Drive

Process improvement in area like

Monthly Financial KPI. Strong focus on Internal Financial control. Drive

Process improvement in area like

o Customer ordering to cash (C2C)

o Purchase to pay (P2P)

o Product return/warranty

o inventory planning & supply chain and other business processes.

Audits and Interpersonal Co-ordination:

Work effectively with CFT and within the Finance organisation for Effective

Audits, Compliance with our policies, Financial closing, Treasury

Reporting, Variance reporting and forecasting reports

Accounting package:

Hands-on experience of accounting entries and finalisation of accounts in

SAP

Compliance

Ensuring the integrity of the governance framework

Efficient administration of a company

Ensuring compliance with statutory and regulatory requirements

required by India Laws

Be the representative of the company in communication with law firms.

and government bodies on any legal cases related to the company.

Key Working Relationships &

Contacts

Managing the finance/ accounts team daily

Reporting to and working with the Senior Executive

Reporting to the Director and the Management Committee

Liaison with internal stakeholders

- Operations

- Human Resource

- Sales and Marketing

- Engineering

- Management

Liaison with external Stakeholders

- Customer

- Banks, Taxation, Auditors

- Local authorities, Government authorities

- Universities

- Business and commerce support networks

- Press

Working

Environment/Special

Circumstances

This role will require some travelling, some weekend work and limited travel

Job Boundaries: The role holder will be expected to promote and adhere to the Renata Mechatronics

Policies and procedures.

Dimensions

Budget

Staff

Customer

Operational

Administrative

Liquidity

ROI

Budgeting

Forecasting

Business Plans

Reporting

Financial Analysis

Taxations Audits and Compliance

Industry : Automotive or Mechatronics or Precision