Manager – Finance & Cost Management (India)

Manager – Finance & Cost Management (India)

10 Sep
|
HIRING COMPANY : TEYEA INDIA PRIVATE LIMITED (BRAND : iBell powertools)
|
India

10 Sep

HIRING COMPANY : TEYEA INDIA PRIVATE LIMITED (BRAND : iBell powertools)

India

Key Duties & Responsibilities

Finance & Accounting

- Lead day-to-day finance and accounting activities and supervise the accounting team.
- Review monthly financial statements, MIS reports, reconciliations, and management reports.
- Manage budgeting, forecasting, cash flow, working capital, and fund requirements.
- Monitor receivables, payables, credit exposure, and overall financial discipline.
- Coordinate with banks, auditors, consultants, and other financial stakeholders.

Cost Management & Profitability

- Take ownership of product costing and maintain accurate cost sheets.
- Analyze material, labour, manufacturing, logistics, and overhead costs.
- Review product-wise and category-wise profitability and identify margin improvement opportunities.
- Conduct standard vs. actual cost and variance analysis.
- Support pricing decisions by providing accurate product cost and margin analysis.
- Identify opportunities for cost reduction across procurement, production, inventory, and operations.

Inventory & Manufacturing Cost Control

- Monitor valuation of raw materials, WIP, finished goods, and consumables.
- Ensure proper inventory reconciliation and investigate stock/cost variances.
- Work with production and procurement teams to improve material utilization and cost efficiency.
- Review BOM, purchase costs, production costs, wastage, and overhead allocation.
- Support management in improving manufacturing efficiency and capacity utilization.

Compliance & Controls

- Ensure compliance with GST, Income Tax, PF, ESI, Companies Act, and other applicable statutory requirements.
- Ensure compliance with applicable RBI, export, import,



and trade regulations.
- Strengthen internal controls, accounting processes, SOPs, and financial systems.
- Coordinate with internal and statutory auditors and ensure timely closure of audit requirements.

Management Reporting & Business Support

- Prepare monthly MIS covering sales, gross margin, product profitability, inventory, working capital, expenses, and cash flow.
- Provide financial analysis and recommendations to senior management.
- Support management in business planning, expansion, new product costing, and strategic decisions.
- Develop dashboards and financial KPIs for monitoring business performance.

Required Profile

- Bachelor's degree in Commerce, Finance, Accounting, or related field.
- CMA / CA / MBA Finance preferred.
- 8–10 years of relevant experience, preferably in manufacturing, engineering, power tools, consumer durables, or similar industries.
- Strong experience in cost accounting, product costing, inventory, budgeting, MIS, and financial analysis.
- Positive knowledge of GST, Income Tax, statutory compliance, and financial controls.
- Strong Excel and ERP/accounting software skills.
- Analytical mindset with strong commercial and business understanding.
- Ability to work independently and communicate effectively with senior management and cross-functional teams.

Pay: From ₹75,000.00 per month

Ability to commute/relocate:

- Thottumughom, Kochi, Kerala: Reliably commute or planning to relocate before starting work (Preferred)

Experience:

- Finanace & Cost management: 8 years (Required)

License/Certification:

- ICMAI CMA (Preferred)

Work Location: In person

📌 Manager – Finance & Cost Management (India)
🏢 HIRING COMPANY : TEYEA INDIA PRIVATE LIMITED (BRAND : iBell powertools)
📍 India

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