Business Finance Controller

One of our key clients is India's leading tier 1 automotive company with a turnover of US$ 750 million. They supply to almost all the major global and domestic auto OEMs. They have 6 manufacturing plants which manufacture over 5000+ products and 550+ dealers spread across India and employ. They employ over 7,000+ employees and export to over 50 countries.

Role: Oversee all financial activities, ensure accurate financial reporting, and provide strategic financial guidance to support the company's growth and profitability.

Key Responsibilities:

Financial Management

• Oversee the preparation and analysis of financial statements, budgets, and forecasts.
• Ensure compliance with accounting standards, regulations, and internal controls, including Ind-AS (Indian Accounting Standards).
• Manage cash flow, working capital, and financial risk.
• Develop and implement financial policies and procedures.

Strategic Planning

• Provide financial insights and recommendations to support strategic decision-making.
• Collaborate with senior management to develop long-term financial plans.
• Evaluate investment opportunities and capital expenditure proposals.

Cost Control:

• Monitor and control manufacturing costs, including raw materials, labor, and overhead.
• Implement cost-saving initiatives and process improvements.
• Conduct variance analysis and identify areas for cost reduction.

Reporting and Analysis:

• Prepare and present financial reports to the executive team and board of directors.
• Conduct financial analysis to identify trends, variances, and opportunities for improvement.
• Ensure timely and accurate month-end and year-end closing processes.

Team Leadership:

• Lead and mentor the finance team, fostering a culture of continuous improvement.
• Provide training and development opportunities for team members.
• Ensure effective communication and collaboration within the finance department and across other departments.

Compliance and Audit:

• Ensure compliance with tax regulations and statutory requirements.
• Coordinate and manage internal and external audits.
• Maintain accurate and up-to-date financial records.