Finance Controller - Automotive

Job Responsibilities:

Financial Planning & Budgeting

1. Support CEO to perform business planning for short term as well as long-term and expenditure forecasting processes based on industry insights and macroeconomic trends

2. Drive the corporate financial policies and procedures across the plants & BU

3. Execute annual budgeting process for the BU's in coordination with BU Finance Heads and ensure timely submission of the budget.

4. Monitor and control the actual spends/expenses versus budget, identify and report major deviations

Capex & NWC Management

1. Oversee the capex planning for the BUs, anticipating future needs; monitor and analyze deviations and design and execute necessary corrective action plan

2. Review and analyze financial feasibility of complex investment proposals, capital expenditures and finance projects and recommend to the CEO for approval highlighting the risks and critical factors involved

3. Evaluate financial due diligence for new deals, provide inputs to management before taking up new projects and own the project cash flow development

4. Manage net working capital requirements through monitoring and ensuring effective cash flow management and efficient inventory management across the plants / BU ; provide an overview to the CEO/CFO

Process Control

1. Collaborate with Internal Audit team to identify risks and create risk management frameworks specific to the BU's & ensure implementation of it across the plants in the BU's.

2. Identify and implement process improvement initiatives to ensure correct internal controls, make financial processes more efficient or effective and/or reduce cycle time

3. Coordinate with IA team to ensure audits are conducted timely and drive corrective action plan within BU- s

Cost Controlling

1. Drive cost controlling through BU's costing cell; provide advice on strategic cost transformation including cutting waste while maintaining or enhancing value creation

2. Provide leadership and coaching to team members on cost control and reporting issues

3. Provide inputs for product pricing ensuring correct costing figures are taken while finalizing product price

4. Discuss and recommend transfer pricing systems and evaluate effect of transfer prices

5. Analyse profitability, productivity and costs within the BU and provide feedback and reports to Head Controlling.

Team Development

1. Ensure the team is timely updated on regulatory and statutory changes

2. Identify the training and development needs of direct reports and their team and undertake relevant programs

3. Assess the performance of direct reports and provide them with developmental feedback and support

- Technical Skills/Knowledge:

- International Financial Reporting Standards, IAS

- Ability to assimilate financial data to support business decision making

- Financial process controls

- Analytical skills and forecasting skills - Lifetime Value analysis, Unit costing, etc

- Cost controlling

- Exposure to SAP Finance modules - FICO, MM, S&D