Position: Senior Finance Executive

Location: Head Office (Perungudi, Chennai)

Job Type: Permanent

Job Purpose:

- To support the Corporate Finance team in accurately compiling financial information, executing month-end accounting activities, coordinating statutory and internal audit requirements, supporting K-SOX/IFC compliance, and assisting with costing, inventory, budgeting, and management reporting activities under the guidance of senior management.

Key Skills:

- Strong proficiency in MS Excel and financial data analysis
- Working knowledge of SAP and accounting processes
- Good understanding of month-end closing and financial reporting
- Knowledge of corporate accounting, costing, audit, and internal controls
- Exposure to K-SOX / IFC compliance is preferred
- Solid attention to detail and accuracy in financial verification
- Good analytical, coordination, and follow-up skills
- Ability to manage multiple activities and meet strict deadlines
- Good communication and documentation skills

Qualifications:

- Bachelors degree in commerce, Accounting, Finance, or a related discipline will be an added advantage.
- CA- Intermediate OR CMA- Qualified

Experience:

- 1–3 years of relevant experience in corporate accounting, financial reporting, costing, audit assistance, compliance, or a related finance function.
- Experience in a manufacturing environment is preferred.
- Candidates with exposure to SAP, month-end closing, audit coordination, costing, or internal controls will be preferred.

Key Responsibilities:

1. Financial Compilation & Month-End Support

- Assist in preparing financial data for month-end Financial Statements, including P&L;, Balance Sheet, MRM, and CFO files.
- Calculate and update routine month-end workings such as provisions, royalty tracking, and prepaid expense movements.
- Prepare and maintain supporting schedules for consolidated financial information.
- Organize and maintain merger-related financial documentation.

2.



Budgeting & Management Reporting

- Support annual budgeting activities through data collection and coordination with relevant departments.
- Update monthly financial estimates based on management templates.
- Compile, format, validate, and upload data packs for monthly and quarterly management reporting.
- Ensure accuracy and consistency of financial data submitted for management review.

3. Audit Coordination & Documentation

- Coordinate with internal departments to collect information and supporting documents for statutory and internal audits.
- Prepare and maintain accurate audit schedules and supporting documentation.
- Track audit requests and follow up with stakeholders to ensure timely submissions.
- Coordinate with external auditors and assist in closing outstanding audit observations.

4. K-SOX / IFC Compliance

- Support control testing and review activities covering TODI, WTT, RCM, and process flowcharts.
- Collect and organize evidence required for internal control and anti-fraud compliance.
- Maintain change-management documentation and prepare required reports for HQ-Korea.
- Support external auditors during K-SOX audits and ensure timely submission of required evidence.

5. Costing & Inventory Management

- Provide financial data support for new product costing, Cost of Goods (COG) analysis, and CSD costing.
- Maintain inventory-related financial files and supporting schedules.
- Prepare and update profitability and variance analysis reports.
- Assist in identifying and validating significant cost and inventory variances.

6. Factory Utility Tracking & Approvals

- Verify routine utility bills, including electricity, water, and SCU conversion payments, for three factories.
- Validate supporting documents and investigate significant billing variances.
- Prepare and route variance reports through the internal approval system.
- Coordinate approvals from HOD, CFO, MD, and Chairman as required.
- Maintain proper documentation and filing of approved transactions.

📌 Senior Finance Executive (Chennai)
🏢 Lotte India
📍 Chennai