11 Oct
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Stalwarts Servicios
|
Andheri
11 Oct
Stalwarts Servicios
Andheri
Essential Duties & Responsibilities
Strategic Financial Leadership & Global Alignment ● Oversee all financial management, accounting operations, budgeting, and long-term financial planning for c3India.
● Serve as the primary finance partner to the US leadership team, communicating regional performance, risk assessments, and growth metrics to the VP of Finance.
● Drive monthly, quarterly, and annual budget-to-actual variance analyses, cost control measures, and Key Performance Indicator (KPI) tracking
. ● Implement and align financial strategy, internal reporting standards, and transfer pricing guidelines between c3India and US entities (c3controls, c3digitus, Evolute). Plant Cost Accounting & Operations
● Partner on Standard Costing & Variance Analysis: Establish accurate standard product costs and deliver weekly, actionable variance insights (material usage, labor efficiency, scrap, overhead absorption) to plant leadership to eliminate waste and optimize throughput
. ● Drive Gross Margin & Cost Reduction Initiatives: Direct plant-level profitability analysis and collaborate with plant managers and continuous improvement teams to identify, validate, and track cost-saving opportunities and Lean/Kaizen operational goals.
● Lead Plant Budgeting, Forecasting & Capacity Planning: Own the site-level annual budgeting and rolling forecast processes, translating production schedules, volume shifts, and unit economics into clear operational financial models
. ● Safeguard Inventory Integrity & Controls: Oversee inventory valuation, perpetual-to-physical inventory reconciliations, cycle counting programs, and internal controls to minimize shrinkage, write-offs, and inventory obsolescence.
● Build Financial Models for CapEx & Automation: Partner with operational engineering to develop rigorous ROI and pay-back models for plant equipment investments, automation projects, and facility capacity expansion decisions. Financial Reporting & General Ledger Management
● Direct the accurate and timely completion of monthly, quarterly,
and year-end closes in accordance with Indian GAAP and company standards.
● Ensure strict control over general ledger accounts, balance sheet reconciliations, bank accounts, and intra-group/cross-border transactions.
● Consolidate regional financial management information systems (MIS) for executive review. Statutory Compliance, Taxation & Auditing
● Ensure 100% compliance with local statutory laws, including Indian Income Tax (TDS/TCS), Goods and Services Tax (GST), Corporate Tax, Companies Act, and township/local regulations.
● Direct and manage external statutory audits, tax audits, internal audits, and interactions with appointed Chartered Accountants, consultants, and tax authorities.
● Oversee GST return filings, GST refund applications, and transfer pricing documentation. Treasury, Cash Flow & Financial Operations
● Manage liquidity, cash flow forecasting, working capital, and local banking relationships in Mumbai.
● Supervise the local finance and accounts team, providing oversight for Accounts Payable (AP), Accounts Receivable (AR), expense management, and local payroll processing.
● Implement, streamline, and enforce internal controls, accounting workflows, and financial policies to eliminate risk and maximize efficiency. Team Leadership & Development
● Lead, mentor, and build the c3India finance team, promoting professional development and functional expertise across team members.
● Foster strong cross-functional collaboration with c3India Engineering, Operations, and Human Resources teams. Qualifications & Required Experience
● Education: Bachelor’s degree in Finance, Accounting, or Business Administration required.
Chartered Accountant (CA), ICWA/CMA credential or Master’s degree in Finance (MBA/M.Com) strongly preferred.
● Experience: 10+ years of progressive finance and accounting experience, with at least 3–5 years in a senior leadership role (e.g., Director, Controller, or Senior Finance Manager) in an MNC or manufacturing entity. We require hands-on experience inside an industrial or electronics manufacturing facility.
● Accounting & Software Proficiency: High proficiency in ERP accounting systems, Tally, and US/global software tools (e.g., QuickBooks, SAP, or similar).
● Compliance Mastery: In-depth, hands-on knowledge of Indian GST laws, Income Tax (TDS), Transfer Pricing, Corporate Governance, and Indian GAAP/Ind AS.
● Cross-Border Expertise: Experience working with US-headquartered parent companies, multi-currency transactions, and reporting across time zones.
● Cost Accounting & Manufacturing Financial Management: Led plant-level and standard cost accounting operations for high-volume manufacturing environments; designed variance analysis frameworks (labor, yield, and overhead) that improved gross margins and optimized inventory valuation. Required Competencies & Personal Attributes
● Communication & Collaboration: Exceptional written and verbal communication skills in English; ability to present clear financial insights to executive stakeholders in the US.
● Leadership & Ethics: High integrity, confidentiality, and commitment to maintaining ethical financial practices.
● Analytical Thinking: Strong problem-solving skills with a focus on data accuracy and process optimization.
● Adaptability: Comfortable coordinating across global teams (Mumbai and US) via video conferencing and collaborative tools. Work Environment & Travel
● Work Location: In office at the c3India office facility in Mumbai, Maharashtra.
Pay: ₹3,500,000.00 - ₹3,600,000.00 per year
Experience
- Finance and Account: 10 years (Preferred)
Work Location: In person
📌 Director of Finance- Global (Andheri)
🏢 Stalwarts Servicios
📍 Andheri