07 Oct
|
SASMOS HET TECHNOLOGIES
|
Bengaluru
07 Oct
SASMOS HET TECHNOLOGIES
Bengaluru
About SASMOS
SASMOS is a leading manufacturer of high-reliability wiring harnesses, electromechanical assemblies, and integrated systems for defence, aerospace, and commercial aircraft. The company partners with global OEMs and Tier-1s, delivering precision-engineered products from world-class manufacturing facilities.
Assistant Manager – Finance (Consolidation & Overseas Entities)
Field
Details
Qualification
Chartered Accountant (CA) – Mandatory
Experience
2 to 3 Years of Post-Qualification Experience (PQE)
Location & Reporting
Whitefield, Bengaluru
Role Type
Full time | High-Visibility Global Corporate Finance Role
1. Role Purpose
SASMOS is a rapidly expanding global leader in Aerospace driven by innovation and high-tech manufacturing excellence. To power our international trajectory, we are seeking an ambitious, analytical Chartered Accountant to assume a high-impact finance role.
Role will manage standalone and consolidated for Group’s Indian material subsidiary, serve as the strategic lead for overseas finance operations, spearhead end-to-end multi-currency group consolidations for our global investment holding entity. If you thrive in a fast-paced environment and want to build global finance expertise with significant career velocity, this role offers an exceptional platform.
2. Key Responsibilities & Strategic Scope
A. Book Closure for Avirata Defence Systems Standalone & Consolidation Financials
- Avirata Defence Systems Standalone Financials: monthly financial statements, balance sheet reconciliations, and general ledger integrity for ADS standalone entity operations with Ind AS / IFRS and relevant regulatory guidelines.
- Avirata Defence Systems Consolidation: Execute and govern the financial consolidation of ADS with parent and subsidiary, ensuring complete accuracy in elimination entries and equity accounting with Ind AS / IFRS and relevant regulatory guidelines.
- Audit Leadership and Management Reporting: Lead statutory, tax, and internal audit engagements with Big4 firms for Avirata Defence Systems standalone and consolidated financial statements.
B. Books Closure & Consolidation for Overseas Entities
- Group Books Closure Execution: Lead and streamline monthly, quarterly, and annual financial closing cycles for all foreign entities within corporate timelines (on or before the 5th of every month).
- Multi-Currency Group Consolidation: Execute complex multi-entity eliminations (intercompany sales, payables/receivables, unrealized profit in stock), currency translation adjustments (CTA).
- Foreign Bookkeeper Governance: Co-ordinate and evaluate foreign entity accounting teams and bookkeepers to maintain high-precision ledgers and uniform global chart of accounts.
C. Finance Operations Lead for Overseas Entities
- Global Operational Governance: Serve as the central financial anchor for all international entities, overseeing end-to-end financial operations, internal controls,
and governance frameworks across global operations.
- Cross-Border Treasury & Cash Management: Strategic oversight of multi-currency cash flows, working capital optimization, global banking relationships, and international fund movements.
- Process Transformation & Automation: Standardize accounting workflows across foreign entities, drive digitization, and align localized operational practices with group-wide financial controls and IT systems.
- Risk & Compliance Management: Ensure robust compliance with cross-border transfer pricing, localized tax regulations, foreign exchange rules, and international audit standards.
3. Candidate Profile & Qualifications
- Education: Chartered Accountant (CA) qualification from ICAI is mandatory.
- Experience: 2 to 3 years of post-qualification experience (PQE) in financial consolidation, corporate accounting, business finance, or managing multi-entity global finance operations.
- Technical Expertise:
- Hands-on proficiency with major ERP systems (SAP strongly preferred).
- Strong mastery over IFRS / Ind AS standards, multi-currency group consolidation mechanics, foreign exchange accounting, and intercompany eliminations.
- Advanced Excel modeling capabilities and exposure to management reporting (MIS).
- Key Competencies:
- Strong commercial acumen and business partnering ability.
- Excellent leadership, stakeholder management, and cross-cultural communication skills.
- Exceptional problem-solving mindset with high attention to detail and ability to work under tight corporate reporting deadlines.
📌 Assistant Manager – Finance (Consolidation & Overseas Entities - CA Qualified) (Bengaluru)
🏢 SASMOS HET TECHNOLOGIES
📍 Bengaluru