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Last Updated: 9/30/22

Job Description

Job description:

Head of Finance

Reporting to the CEO (India) and Group CFO (Germany), you will be responsible forthe administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.



Principal accountabilities are:

Planning

1. Assist in formulating the company's future direction and supporting tactical initiatives

2. Monitor and direct the implementation of strategic business plans

3. Develop financial and tax plans in accordance with group standards

4. Manage the capital request and budgeting processes

5. Develop performance measures that support the company's strategic direction

Operations

1. Participate in key decisions as a member of the executive management team

2. Maintain in-depth relations with all members of the management team

3. Manage the accounting, IT and Sourcing department

4. Manage legal and tax-related tasks

5. Oversee the financial operations of subsidiary companies

6. Manage any third parties to which functions have been outsourced

7. Oversee the company's transaction processing systems

8. Implement operational best practices

Financial Information

1. Oversee the issuance of financial information

2. Development and Maintenance of the Management Information System MIS

3. Report financial results to the board of directors

4. Responsible for monthly, quarterly and annual closing procedures based on Indian and German GAAP

5. Oversees and coordinates the midterm planning and forecasting of the Indian companies

6. DCF and ROI calculations

7. Production, Operational and Administration cost controlling

8. Optimization of the cost structure

9. COGS calculations

10. Maintenance of the transfer pricing documentation

Risk Management

1. Understand and mitigate key elements of the company's risk profile

2. Monitor all open legal issues involving the company, and legal issues affecting the industry

3. Construct and monitor reliable control systems

4. Maintain appropriate insurance coverage

5. Ensure that the company complies with all legal and regulatory requirements

6. Ensure that record keeping meets the requirements of auditors and government agencies

7. Report risk issues to the board of directors

8. Maintain relations with external auditors and investigate their findings and recommendations

9. Cooperates closely with the Group Finance and Controlling and Tax Department in Germany

Funding

1. Monitor cash balances and cash forecasts (liquidity planning)

Third Parties

1. Maintain banking and tax authorities' relationships



Desired Qualifications:The ideal candidate should have a Chartered Accountant qualification and 10+ years of progressively responsible experience in a manufacturing company with overseas mother companies. Should have experience in partnering with an executive team and have a high level of written and oral communication skills.


Additional Qualifications:Fluent in both English and Tamil essential, and German would be highly advantageous.

Working Conditions: You will work in a plant environment based in Pondicherry, Southern India. Some travels to company subsidiaries will
be necessary.

Qualifications:

Desired Qualifications:The ideal candidate should have a Chartered Accountant qualification and 10+ years of progressively responsible experience in a manufacturing company with overseas mother companies. Should have experience in partnering with an executive team and have a high level of written and oral communication skills.

Additional Qualifications:Fluent in both English and Tamil essential, and German would be highly advantageous.

Working Conditions: You will work in a plant environment based in Pondicherry, Southern India. Some travels to company subsidiaries will
be necessary.

Why is This a Great Opportunity:

They are expanding in India and need to build for succession planning

Exclusive assignment. Will be closed by August end as the client is visiting India

Company Details

Grand Rapids, Michigan, United States
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