12 Aug
|
Clarus Advisers
|
Bengaluru
12 Aug
Clarus Advisers
Bengaluru
Company Overview Our client is a Leading Electrical equipment and tools manufacturer.
Position Overview Lead Finance as a strategic business partner, not just an accounting function. Ensure profitability, cash flow strength, financial transparency, and data-driven decision-making to support sustainable growth. Own financial planning, cost control, working capital efficiency, and performance management across all functions.
Responsibilities 1.
Financial
Strategy & Business Partnering -
Drive long-term financial planning, annual budgets, and rolling forecasts.
Provide financial insights to support strategic decisions (pricing, investments, capacity,
product mix, etc.).
Participate in S&OP; and strategic reviews to align financial and operational plans.
- Audit, Reporting & Board Governance-
Lead coordination and finalization of statutory and internal audits, ensuring timely closure of observations.
Prepare and finalize annual financial statements in compliance with applicable accounting standards.
Lead annual budget preparation and consolidation of functional budgets.
Prepare quarterly financial statements and management reports.
Present quarterly financial results, business insights, and forecasts to the Board of Directors.
Conduct quarterly Budget vs. Actual reviews with leadership and drive corrective initiatives.
3.
Performance
Management & Controlling -
Own plant / business performance dashboards (revenue, cost, margins, cash).
Implement profitability analysis by product, customer, region.
Track variance vs budget and lead corrective actions with function heads.
Drive cost transparency and margin improvement programs.
- Costing & Cost Optimization -
Own product costing accuracy (standard cost, BOM cost, overhead allocation).
Support value engineering and cost reduction with SCM, Manufacturing, Engineering.
Monitor conversion cost, scrap, rework, COPQ and drive improvement.
- Cash Flow & Working Capital Management-
Manage cash flow forecasting, liquidity planning, and funding.
Optimize working capital (inventory, receivables, payables).
Partner with SCM and Sales Ops on DSO, DPO, inventory days.
- Accounting, Compliance & Governance -
Ensure accurate & timely financial closing and statutory compliance (GST, TDS, PF, ESI,
Income Tax).
Manage internal, statutory, and tax audits – zero major observations.
Implement internal controls and approval workflows across functions.
Maintain strong relationships with banks, auditors, and financial institutions.
- Systems, ERP & Data Integrity -
Ensure integrity of financial data in ERP.
Improve process compliance and automation within finance processes.
Support SCM, Manufacturing, and Sales with performance dashboards and analytics.
- Team & Capability Development -
Build a high-performing finance team with business acumen.
Develop control, analysis, and business partnering capability (not just accounting).
Drive a culture of accountability, transparency, and cost consciousness across the organization.
Skills & Experience 8–12 years in Finance & Controlling in manufacturing (electrical/mechanical/electronics preferred).
2-3 years out of above in a leadership or Manager role.
Proven experience in FP&A;, Accounts finalization, costing, financial analysis, cash flow management, MIS, compliance.
Experience partnering with SCM, Manufacturing, Sales, and Product Development.
Strong ERP/financial systems knowledge.
CA / CMA preferred, MBA Finance acceptable with robust manufacturing exposure.
Industry Preference: Manufacturing, Engineering, Automotive, Electricals, Capital
Equipment, Industrial Products with a company of 100 – 500 Cr INR scale.
📌 Finance Controller Manager (Bengaluru)
🏢 Clarus Advisers
📍 Bengaluru