Finance Control- Senior Manager

Job Title: Senior Manager- F&A

Location: Bengaluru
Department: Finance & Accounts
Reports to: CFO
Qualification: Chartered Accountant (CA)
Experience: Minimum 10 years post-qualification, with at least 5 years in a leadership/controller role within manufacturing (preferably automobile or auto-components)

Job Summary:

We are seeking a highly skilled and strategic Finance Controller with a Chartered Accountancy background and significant experience in the automobile manufacturing sector. The role demands hands-on leadership to oversee financial planning, plant accounting, costing, compliance, and financial risk management while supporting business growth and operational excellence.

Key Responsibilities:

Financial Planning & Reporting

• Oversee timely preparation of monthly, quarterly, and annual financial statements in compliance with Ind-AS and statutory requirements
• Drive annual budgeting, forecasting, and periodic re-forecasts aligned with business plans
• Analyze financial data to provide actionable insights to senior management

Plant Finance & Costing

• Implement and monitor standard costing systems for manufacturing operations
• Conduct product cost analysis, variance analysis, and process costing to drive profitability
• Collaborate with production and supply chain to optimize material costs and manage scrap/wastage

Internal Controls & Compliance

• Establish and maintain robust internal controls across multiple plant locations
• Ensure compliance with statutory, tax, and regulatory requirements (direct and indirect taxes, GST, customs duty, etc.)
• Coordinate statutory audits, internal audits, and government inspections

Working Capital & Treasury Management

• Monitor working capital, optimize inventory levels, and manage receivables/payables
• Manage banking relationships, cash flow forecasting, and treasury functions to ensure liquidity

Business Partnering

• Work closely with operations, procurement, and engineering teams to align finance with production and sourcing strategies
• Support cost-reduction and efficiency initiatives within the plant
• Participate in capital investment evaluations (capex proposals, ROI analysis)

Leadership & Team Development

• Lead, mentor, and develop a team of plant accountants and finance staff
• Promote a culture of ownership, continuous improvement, and compliance

Required Skills & Competencies:

• Chartered Accountant (CA) with strong understanding of accounting standards and manufacturing finance practices
• In-depth knowledge of cost accounting, standard costing, and variance analysis in an automobile/auto-components manufacturing environment
• Strong command of statutory compliance, including GST, TDS, excise/customs, and other relevant tax laws
• Proficiency in ERP systems (SAP, Oracle, or other manufacturing ERPs)
• Excellent leadership, interpersonal, and team-building skills
• Strong analytical mindset, problem-solving skills, and business acumen

Preferred:

• Exposure to automotive OEM or Tier-1 supplier manufacturing finance
• Experience in implementing or upgrading ERP systems in a plant setting
• Knowledge of global reporting standards (IFRS)
• Ability to work in a multi-plant, high-volume production environment