Tube Products of India - Senior Manager - Finance - CA

Greetings from Tube Investments of India!

Tube Products of India was established in 1955 in collaboration with Tube Products (Old Bury) Limited-UK, as a measure of backward integration with the bicycles plant. In 1959, Tube Investments of India (TII) was formed by merging TI Cycles of India and Tube Products of India.

Today, TPI is the most preferred supplier of precision tubes, Electric Resistance Welded (ERW), and Cold Drawn Welded (CDW) tubes to major automotive companies in India and abroad. TPI is India's undisputed market leader in CDW tubes for the Automotive industry. It also has significant market presence in power plants, boilers, textile machinery, general engineering, Telescopic Front Fork Inner tubes, Cylinder bore tubes for shock absorber and gas spring applications, Propeller shaft tubes for the Automotive segment. Other specialty products include Rear Axle Tubes, Side Impact Beams, Tie Rods, Drag links, Heavy thick steering shafts, and Hydraulic Cylinder tubes.

TPI has integrated manufacturing facilities in Chennai (two tube and one strip plant at Avadi), Shirwal, and Mohali. These plants conform to international standards and achieve operational excellence through TPM. The Thirthani plant manufactures large diameter, high wall cold-drawn, and welded tubes. TPI has distribution centers across India, ensuring timely service to the customers' daily requirements.

Position: Sr. Manager Finance

Education: CA - Qualifed

Experience: 3 to 5 Years

Location: Chennai

Job Duties and Responsibilities:

- Financial Reporting and Analysis: Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements. Provide insights into financial performance, trends, and forecasts.

- Budgeting and Forecasting: Assist in the development of budgets and financial forecasts. Monitor actual performance against budgeted targets and provide variance analysis.

- Financial Planning and Strategy: Contribute to the development of financial strategies and long-term plans. Provide financial guidance and recommendations to support business objectives.

- Risk Management: Identify, assess, and manage financial risks. Develop strategies to mitigate risks and ensure compliance with regulatory requirements.

- Tax Planning and Compliance: Assist with tax planning strategies to optimize tax efficiency. Ensure compliance with tax laws and regulations.

- Capital Management: Manage the company's capital structure, including debt and equity financing. Evaluate investment opportunities and provide recommendations on capital allocation.

- Mergers and Acquisitions (M&A): Participate in due diligence processes for potential M&A transactions. Analyze financial implications and risks associated with mergers, acquisitions, and divestitures.

- Financial Controls and Compliance: Establish and maintain internal controls to safeguard assets and ensure accuracy of financial reporting. Ensure compliance with accounting standards, regulations, and company policies.

- Financial Modeling: Develop financial models to support decision-making processes, such as valuation, scenario analysis, and sensitivity analysis.

- Stakeholder Communication: Communicate financial information and analysis to internal stakeholders, including senior management, board of directors, and shareholders. Provide insights and recommendations to support strategic decision-making.

- Audit Support: Coordinate with internal and external auditors during financial audits. Provide necessary documentation and explanations to support audit procedures.

- Continuous Improvement: Identify opportunities for process improvements and efficiencies within the finance function. Implement best practices and streamline financial processes.