Imagine working at the forefront of innovation in fluid-flow technology, with over 1,400 colleagues across the globe, and contributing to a legacy of excellence that spans eight manufacturing facilities on four continents. Armstrong Fluid Technology is more than just a leader in our industry; we are a community of the brightest and most creative minds, driven by a shared mission to engineer the future and safeguard our planet.
As part of our team, you'll be immersed in an environment that fosters growth, creativity, and collaboration. Here, you'll have the opportunity to push boundaries, tackle exciting challenges, and develop cutting-edge solutions that promote energy efficiency and reduce environmental impact. Every day offers the chance to make a meaningful contribution to a more sustainable future, driving innovations that help lower global carbon footprints. Together, we're creating a legacy that goes beyond businessone that's changing the world for the better.
In this role, you will have the following key accountabilities:
Key Accountabilities
- Strategic Financial Planning. Ensure long-term financial planning aligns with production capacity, market demand, and growth objectives,
- Budgeting & Forecasting Accurate budgets and rolling forecasts are critical for managing raw material costs, labor, and overheads. Provide realistic projections to avoid cash flow issues.
- Cost Control & Variance Analysis Analysis of variable costs (materials, Labour, Surcharge) and fixed costs (plant, machinery, OH). Variances between actual and planned costs to identify inefficiencies.
- Profitability Analysis Evaluate product-level margins, customer profitability, and plant performance to guide pricing strategies and optimize product mix.
- Capital Expenditure (CapEx) Management - Assess ROI and payback periods for CapEx projects to ensure optimal resource allocation.
- Scenario & Sensitivity Analysis Model the impact of changes in raw material prices, labor costs, or demand fluctuations, helping management prepare for uncertainties.
- Working Capital Optimization Inventory, receivables, and payables are critical in manufacturing. maintain healthy working capital to avoid surprises.
- Performance Metrics & KPIs - Track operational and financial KPIs like production efficiency, cost per unit, and EBITDA margins, enabling data-driven decisions.
- Compliance & Risk Management Ensure adherence to financial regulations and identifies risks related to currency fluctuations, commodity prices, and supply chain disruptions.
- Strategic Decision Support Act as a bridge between finance and operations, providing insights for decisions on expansion, outsourcing, automation, and pricing strategies
Business Metrics / Forecast / Outcomes
- Budgeting & Forecasting; Develop annual budgets and rolling forecasts for manufacturing operations.
- Financial Analysis: Perform variance analysis on production costs, overheads, and margins.
- Cost Management: Support initiatives for cost reduction and process optimization.
- CapEx Planning: Evaluate capital expenditure proposals, ROI, and payback periods.
- Scenario Modeling: Conduct sensitivity and scenario analysis for commodity price fluctuations, demand changes, and operational risks.
- Performance Reporting
- Working Capital Optimization
- Business Partnering: Act as a liaison between finance and operations teams.
- Compliance & Risk Management: Identify and mitigate financial risks.
- Team Leadership: Mentor and develop wider finance team members.
- Compliance
- Be a collaborative contributor to all financial compliances for Armstrong India legal entities
- Anticipate new compliance requirements for future transactions; collaborate with controllership and legal teams
- Collaborate and work with functional teams to ensure effective data in returns and records
Business partnering
- Own, prepare and manage the working capital of the business
- Work with Operations, Sourcing, Sales, HR to monitor OP Plans for the year
- Ideate, collaborate and coordinate process strengthening and changes to give effect to internal audit observations
- Participate in leadership meetings and global controller COP for best practices
Team management
- Lead a team of finance professionals, accountants to deliver finance objectives
- Coach and mentor technical knowledge around planning to execution, forecasting and transformation
- Influence stakeholders on best practices around accounting and auditing
- Mentor individuals on professional best behaviors and succession planning
What We're Looking For
To thrive in this role, you should bring:
Education and Experience
- Chartered Accountant with minimum 10 years post qualification
- Experience of FP&A, controllership, transformation experience
- Capability of handling consultants, assimilating advice and analyzing impact to the organization in a proactive manner.
- Lead the month-end and quarter-end pacing with various functions
- Manage budgeting, forecasting, and variance analysis
- Monitor cash flow, working capital, and fund management
- Develop and implement internal financial controls and procedures
- Provide financial insights to support strategic decisions
- Rich experience in multinational companies and multiple revenue streams
- Demonstrated knowledge of accounting principles, general best finance practices, process simplification, and corporate regulations, policies and procedures
- Technical Skills
- Proficiency in Microsoft Office Suite.
- Experience in Power BI / Tableau.
- Proficiency in handling big data, ideation and simplistic visualization for effective articulation of problems and solutions through data.
- A self-starter attitude with the ability to work independently.
- Creative problem-solving skills and the ability to manage conflicts within various organizational structures.
Soft Skills
- Able to communicate quickly with clarity of thought
- The capability to simplify complex problems, conduct root cause analysis, and provide clear, well-thought-out recommendations.
- Team-oriented leadership skills with a proactive approach.
- An ability to communicate openly with authenticity in all situations.
- Matured people handling skills
- Conflict management capabilities upwards, sideways and downwards
- Demonstrated capabilities of mentoring people at different stages of their learning curve
- Clear understanding and articulation of leadership style
Why Armstrong Fluid Technology
By joining us, you'll become part of a global community dedicated to pushing the boundaries of fluid-flow technology while upholding Armstrong's commitment to sustainability. You'll have endless opportunities to learn, grow, and make a significant impact on the world. Together, we'll build tomorrow's solutions today.
