Job Summary

To support end-to-end operational finance activities for the High Voltage Division, covering Motors and Drives, with a focus on financial accuracy, process efficiency, cost transparency, financial controls, and business performance.

The role will primarily focus on day-to-day finance operations, SAP transaction monitoring, procurement finance, inventory and working capital management, accounting reconciliations, and financial reporting, while continuing to support product costing and profitability analysis.

The Finance Professional will work closely with Procurement, SCM, Manufacturing, Engineering, CRM, GBS, and Finance teams to ensure timely financial transactions, effective operational controls, and continuous process improvements.

The position requires a hands-on finance professional with solid SAP knowledge, sound accounting fundamentals, commercial understanding, and analytical capabilities.

Key Responsibilities

1. Operational Finance Accounting

- Support daily operational finance activities relating to procurement, manufacturing, inventory, logistics, and customer orders.
- Monitor SAP financial transactions and ensure correct GL accounts, cost centres, profit centres, and sales order assignments.
- Coordinate with Procurement, SCM, GBS, and Finance teams to resolve GRN/IR, invoice, payment, and accounting-related issues.
- Review operating expenses, provisions, accruals, and cost allocations to ensure accurate accounting and reporting.
- Support monthly and year-end closing activities, including reconciliations, accounting adjustments, and financial validations.

2. Procurement Finance Vendor Reconciliation

- Review purchase orders for financial accuracy, account assignments, and compliance with established processes.
- Monitor GR/IR balances, vendor payables, supplier advances, blocked invoices, and outstanding reconciliations.
- Coordinate with Procurement, SCM, and GBS teams to resolve transactional discrepancies and ensure timely financial closure.
- Support financial monitoring of imports, freight, customs duties, and supplier payments.




- Ensure compliance with internal financial controls and applicable company policies.

3. Inventory Working Capital Management

- Monitor inventory movements, stock valuation, inventory ageing, and related SAP transactions.
- Support perpetual inventory verification, physical stock reconciliation, and inventory provision calculations.
- Analyse slow-moving and non-moving inventory and coordinate corrective actions with relevant stakeholders.
- Monitor supplier advances, payables, and other operational working capital elements.
- Support initiatives to improve inventory accuracy, working capital efficiency, and transaction discipline.

4. Product Costing Profitability Analysis

- Support product costing for Motors and Drives, including planned, standard, committed, and actual costs.
- Monitor sales order profitability, cost variances, material costs, and manufacturing-related expenses.
- Review BOM costing, material master data, costing assumptions, and standard price updates.
- Coordinate with Engineering, Procurement, Manufacturing, and CRM teams to identify cost deviations and support corrective actions.
- Prepare cost-to-sales analysis, profitability reports, and operational performance reports.

5. Financial Reporting, Compliance Business Support

- Prepare monthly operational finance MIS, cost analysis, and management reports.
- Support NCC, warranty, royalty, brand fee, and intercompany cost calculations and reconciliations.
- Coordinate with stakeholders for timely accounting entries, supporting documentation, and financial clarifications.
- Assist with statutory audits, cost audits, internal controls, and other compliance requirements.
- Support operational budgeting, forecasting, and variance analysis.

6. SAP, Digitalization Process Improvement





- Maintain accuracy and consistency of SAP financial and operational data.
- Identify opportunities to simplify and automate routine financial processes.
- Develop and maintain Excel-based MIS and operational finance reports.
- Support the development of Power BI dashboards and analytical reporting.
- Explore the use of AI-enabled tools and automation to improve reporting efficiency and financial visibility.
- Participate in continuous improvement initiatives involving Finance, Procurement, SCM, Manufacturing, GBS, and IT.

Qualifications Experience

Education

- CMA / MBA (Finance) / CA Inter with a commerce degree, or equivalent qualifications supported by relevant manufacturing finance experience.

Experience

- 4-7 years of relevant experience in operational finance, manufacturing finance, factory controlling, accounting, costing, or commercial finance.
- Experience in a manufacturing or industrial environment is preferred.
- Practical experience in SAP-based finance operations, accounting reconciliations, and cross-functional coordination is desirable.

Technical Skills

Essential Skills

- Strong hands-on experience in SAP FI/CO with a good understanding of MM integration; exposure to PP and SD integration is advantageous.
- Sound knowledge of financial accounting, procurement finance, inventory accounting, GR/IR, and reconciliations.
- Good understanding of manufacturing finance, product costing, and cost variance analysis.
- Advanced Microsoft Excel skills for reconciliations, financial analysis, and MIS.
- Understanding of financial controls, compliance requirements, and month-end closing processes.

Desirable Skills

- Experience with Power BI, Power Query, or similar reporting tools.
- Exposure to AI tools, data analytics, and process automation.
- Experience in advanced product costing, BOM analysis, and sales

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

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