03 Dec
Exide Energy Solutions
Ahmedabad
About us :
Exide Energy Solutions Limited (EESL) is one of the fastest growing companies who has vision to solve social issues regarding energy, workplace, resource, etc with producing lithium-ion battery products. Exide Energy Solutions Ltd is setting up India’s first Giga plant to manufacture Lithium Ion Cells in Bengaluru. Exide Energy Solutions Limited is looking for Assistant Manager - Control Engineer in the Manufacturing organisation to achieve company’s goal at the Prantij, Gujarat, Battery Pack Manufacturing Location.
Qualification and Experience: CA / ICWA with 10-20 Years of Hands of Experience in Finance
Roles and Responsibility:
1.Financial Accounting & Compliance Oversight
- Ensure timely and accurate preparation of financial statements as per ind AS and Companies Act.
- Oversee compliance with statutory reporting requirements-ROC filings, GST returns, TDS, tax audit, and internal audit.
- Review and approve final accounts, schedules, and notes to accounts of plant
- Coordinate with auditors and tax consultants for smooth audit and compliance processes for plant
2.General Ledger & Closing Management
- Supervise Gil accounting, reconciliations, and monthly/quarterly/year-end closing activities.
- Ensure all financial transactions are recorded accurately with proper documentation.
- Oversee resolution of accounting discrepancies and unusual variances.
- Drive continuous improvement of month-end close process to ensure deadlines are met.
3.Cash & Bank Reconciliation
- Oversee bank reconciliations and cash flow statements.
- Ensure proper controls over bank accounts and cash management.
- Monitor bank covenants, credit facilities, and short-term funding requirements.
4.Intercompany & Related Party Transactions
- Manage intercompany accounting and reconciliations between multiple plants and corporate.
- Ensure compliance with transfer pricing regulations and related party disclosures.
- Liaise with subsidiaries and holding company on intercompany settlements and reporting
5.Fixed Assets & inventory Accounting
- Oversee capitalization, depreciation, asset reconciliation, and disposal processes.
- Ensure inventory valuation and stock reconciliations comply with accounting standards.
- Coordinate physical verification and reconcile discrepancies with finance records.
6.Financial Controls & Risk Management
- Implement and monitor internal controls over financial reporting (ICFR).
- Identify financial risks and ensure mitigation plans are in place.
- Ensure adherence to company policies, SOX controls (if applicable), and audit recommendations.
7.Industry & Regulatory Analysis
- Stay updated on accounting standards changes, tax laws, and regulatory updates relevant to manufacturing.
- Analyze industry trends, competitor financial performance, and benchmarking reports.
- Advise senior management on financial implications of regulatory and market developments.
- Monitor sector-specific issues such as raw material price volatility, energy costs, and environmental compliance costs.
8.Team Leadership & Stakeholder Management
- Lead and mentor the accounts team across plants.
- Coordinate with cross-functional teams-Finance, Tax, Legal, Operations, and Procurement.
- Act as key liaison with auditors, banks, tax authorities, and statutory bodies.
- Report on financial performance and issues to CFO and Board Finance Committee.
9.Systems & Process Improvement
- Drive automation and digital transformation initiatives in accounting processes (ERP, RPA).
- Ensure data accuracy and integration between accounting, ERP, and reporting systems.
- Standardize accounting policies and procedures across locations for consistency and compliance
10.Strategic Financial Advisory
- Support strategic Initiatives like mergers, acquisitions, expansions, and capital investments.
- Provide financial insights and scenario analysis for decision-making.
- Collaborate with FP/&A; on budgeting, forecasting, and long-term financial planning.
Mandatory Skills:
- Financial Reporting
- General Ledger & Closing Management
- Fixed Assets Accounting
- Accounts receivable and payable process management
- Credit risk assessment and control
- Cash flow and working capital optimization
- Bad debt provisioning and recovery
- Internal controls and compliance
- Cost accounting and variance analysis
- Inventory management and valuation
- Team Leadership & Stakeholder Management
Desired Skills:
- Strong experience in Monthly, quarterly and year end closing of books of the company.
- Experience in Plant financials reporting and preparation of MIS
- Team Leadership & Stakeholder Management
- Accounts reconciliation process
- Proficiency in SAP or other ERP software.
- Experience with CARO (Companies Auditor's Report Order)
- Ability to collaborate effectively with the operations, finance, and audit teams.
- Strong analytical skills for variance analysis and reconciliation tasks
📌 Deputy General Manager of Finance (Ahmedabad)
🏢 Exide Energy Solutions
📍 Ahmedabad
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