Finance Manager (Kancheepuram)

Finance Manager (Kancheepuram)

13 Nov
|
Amber Group
|
Kancheepuram

13 Nov

Amber Group

Kancheepuram

Position Title: Finance Manager / Plant Finance Manager
Department: Finance & Accounts

Employment Type: Full time [1]Job PurposeThe Finance Manager will oversee and own the end-to-end financial operations, cost accounting, statutory compliance, treasury, and strategic reporting for the manufacturing unit.

Responsibilities1. Cost Accounting & Plant Economics

- Product Costing: Manage standard and actual product costing, bill of materials (BOM) analysis, overhead allocation, and labor-to-machine cost tracking.
- Variance Analysis: Conduct deep-dive variance analysis (Material Price/Usage, Labor, and Production Overhead variances) and report actionable insights to plant/operations heads.
- Inventory Valuation: Oversee physical stock audits, valuation of Raw Materials (RM), Work-In-Progress (WIP), and Finished Goods (FG), and monitor slow-moving/obsolete inventory write-offs.

2. Financial Planning, Budgeting & MIS

- FP&A;: Lead annual budgeting, rolling forecasts, and long-term financial modeling.
- MIS Reporting: Prepare and present monthly, quarterly, and annual Management Information System (MIS) reports, P&L; statements, balance sheets, and cash flow forecasts to the board/managing director.
- Budget vs. Actual: Track departmental expenditures against approved budgets and flag cost overruns proactively.

3. Treasury & Working Capital Management

- Cash Flow & Liquidity: Manage daily cash flows, fund allocations, and working capital cycles (Days Sales Outstanding, Days Payable Outstanding, and Inventory Days). [1]
- Banking Relations: Coordinate with banks and financial institutions for working capital limits, packing credit, bank guarantees, letters of credit (LC), and credit facilities. [1]
- Forex & Trade Finance: Monitor foreign currency exposure for import/export transactions, hedge risk, and account for Forex gains/losses (if applicable). [1]

4. Statutory Compliance & Taxation (India/Local Context)

- Indirect Taxes: Oversee monthly GST calculations,



GSTR-1/3B filings, e-way bill compliance, ITC (Input Tax Credit) reconciliations, and custom duty/import-export documentation (EPCG, Advance Authorization, ICEGATE).
- Direct Taxes: Manage TDS, Advance Tax computations, and corporate income tax filings.
- Regulatory Filings: Ensure compliance with ROC (Registrar of Companies), Companies Act (Schedule III), and labor/payroll statutory dues (PF, PT, ESIC, Gratuity).
- Audits: Act as the primary point of contact for statutory, internal, cost, and tax audits. [1]

5. Team Leadership & Internal Controls

- Team Management: Mentor, supervise, and upskill the plant accounts and finance team (Accounts Executive, Billing/Costing staff).
- Governance: Strengthen internal financial controls, standard operating procedures (SOPs), and risk mitigation frameworks.
- Cross-Functional Collaboration: Partner closely with Production, Supply Chain, Procurement, Quality, and HR teams to drive cost discipline. [1]

Required Qualifications & Education

- Education: Chartered Accountant (CA) / Cost & Management Accountant (CMA) or MBA in Finance / Post Graduate in Commerce (M.Com).
- Experience: 5 to 10 years of total experience, with at least 3–4 years in a managerial or plant finance role specifically within a manufacturing, industrial, or engineering setup. [1]

Required Skills & Competencies

- Technical Skills:
- Strong mastery of Cost Accounting and inventory valuation methods in manufacturing.
- Hands-on experience with ERP systems (SAP, Oracle, Microsoft Dynamics, or Tally Prime/ERP).
- Advanced MS Excel (pivot tables, VLOOKUP/XLOOKUP, financial modeling) and BI tools (Power BI preferred). [1]
- Domain Knowledge: Thorough working knowledge of Indian taxation (GST, TDS) and corporate governance (Companies Act). [1]
- Soft Skills: High personal integrity, sharp analytical mindset, communication skills to present to non-finance operational heads, and leadership capability.

Pay: ₹1,200,000.00 - ₹1,800,000.00 per year

Work Location: In person

📌 Finance Manager (Kancheepuram)
🏢 Amber Group
📍 Kancheepuram

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