Manager – Accounts & Treasury

About Sandvik Coromant: Sandvik Coromant is the world’s leading supplier of tools, tooling solutions, and know-how to the metalworking industry. With extensive investments in research and development, we create unique innovations and set new productivity standards in collaboration with our customers. Our solutions serve major industries such as automotive, aerospace, and energy. We have 8,000 employees and a global presence in 130 countries. Sandvik Coromant is part of the Sandvik Machining Solutions business area within the Sandvik Group.

Job Title: Manager - Finance, Accounts & Treasury

Location: Pune

Reporting to: CFO

Overview of the Role:

Overseeing day to day operational matters related to accounting including AR/AP/Treasury and Payroll.

Local Treasurer: To be accountable for the coordination of Treasury activities and tasks within the country. Ensuring compliance with Group Treasury rules and procedures for all India Entities.

Responsibilities:

• Overseeing Transactional accounting, AR/AP/Payroll

• Supporting Internal Audit, Statutory audits, and other Audits

• Cash flow management, monitoring of collections, supplier payments both in INR and foreign currency

• Cash/Investment Management and Treasury related activities like issuance of BG, LC etc

• Setting up borrowing limits

• Foreign currency dealings including hedging

• Validate that internal controls are implemented and operational

• Leading the projects related to improvements in operational efficiencies, automation and ERP implementation

• Provide adequate coaching to Finance Staff.

• Handle relevant compliances- internal and external

• Monitor, follow and communicate changes in statutory and financial regulations (incl FEMA) that entail changes in way of working; and consequently, implement such changes wherever needed.

• Manage Employee benefit trust compliances

• Ensure connect with business managers wherever required.

Local treasurer

• Coordinate and facilitate all treasury matters including Group Treasury driven projects in the country/region

• Coordinate and ensure compliant for local cash management administration

• Ensuring also that local financial risks, including currency exposure risks are handled in accordance with Business Area policies.

REQUIRED COMPETENCIES:

• Business Understanding

• Effective communication

• Interpersonal Relations, Excellent leadership skills and capability to handle multiple stakeholders, knowledge and experience in managing external and internal relationships

• Legal and Regulatory Understanding

• Networking

• Goal oriented with solid ability to get results through others

• Strong planning and analytical skills

EXPERIENCE AND REQUIREMENTS:

• Chartered Accountant with minimum 6-8 years experience post qualification in the field of Accounting, Auditing, Treasury and Company Law matters.

• 3+ Years of Managerial/ Leadership experience.

How to apply

You may upload your updated profile by login into Workday, no later than April 30, 2025.

OR

Please send your application by registering on our site https://sandvik.wd3.myworkdayjobs.com/en-US/walter-jobs and uploading your CV against Job ID: R0078659 on or before April 30, 2025