#57323Bangalore
counting processes are in place.
6. Administer all foreign currency hedges for the business & forecast cash requirements.
Job Responsibilities
• The incumbent will be responsible for assisting the Finance Controller in managing Plant accounting, Statutory Compliance, closing of books, balance sheet recs etc.
• Sound working knowledge of GAAP, Sarbanes Oxley and local statutory requirements.
• Experience of handling statutory audit
• Ensure monthly closure of books within the timelines set. Ownership of account reconciliation process to maintain integrity of general ledger and its supporting sub-systems. Assess adequacy of reserves and overall financial reporting. Ensure adequate training and oversight is provided to all finance personnel to ensure account reconciliations meet Eaton's requirements.
• Manage, analyze, evaluate operating results and drive manufacturing productivity. Inform management of results and recommend corrective actions to address unfavorable variances.
• Lead ad hoc projects as required including appropriate ERP implementations and system upgrades.
• Superior analytical and thinking skills; Intellectual rigor and curiosity; problem-solving capability.
• Sound Knowledge of SEZ compliance. Review and develop monthly checklist for SEZ compliance. Ensure completeness of all compliance accurately and timely.
• Sound Knowledge of GST compliance. Review the applicability of GST and ensure timely submission of returns.
• Develop proper system to calculate and record cost optimization data. Develop a system to report all exceptional transactions to Business Head and Finance Controller on periodic basis.
• Assist in development of strategic and annual profit plan.
• Ensure functional activities related to process improvements and standard work.
• Support and drive working with Plant team to achieve the forecast results for Margin.
• Understanding of Plant and global business issues, including foreign currency impact and local customs and duty requirements.
• Monthly Plant expense forecasting & daily monitoring actual expenses. Prepare commentary for variation from forecast & yearly budget (Profit Plan)
• Basic Knowledge of production process & Product costing.
• Sound Knowledge of Good ERP system like SAP / MFG PRO / Oracle R12
• Knowledge of Purchase to Pay & Order to Cash process.
• Knowledge & understanding of Corp, region/division and plant reporting policies. Experience of handling MNC or large organization reporting requirements.
• Experience of handling Internal Audit & Internal Control.
• Fixed assets accounting & Fixed assets verification as per US & India GAAP.
• Experience of handling Import & Export compliance (EDPMS & IDPMS)
• Provide leadership to ensure adequate accounting processes are in place.
• Administer all foreign currency hedges for the business & forecast cash requirements.
• Provide require input to corporate team for Tax Audit, GST Audit & Transfer pricing Audit.
Qualifications:
MBA Finance, M. Com, ICWA Inter with minimum 7-8 Years of post-qualification experience
Technical Skills:
Minimum of 5 years of experience with Manufacturing Organizations
Accounting, GAAP, ERP (MFGPRO, SAP, Oracle)
Strong Interpersonal skills with good communicating