Manager - Plant Finance - Manufacturing

Job Purpose:

Lead and manage all finance functions, ensuring accurate reporting, statutory compliance, effective financial controls and strategic support to business operations.

Role & Responsibilities:

• Financial planning, budgeting, forecasting and business performance analysis.
• General ledger management and preparation of monthly, quarterly and annual financial statements.
• Preparation of internal financial statements in accordance with German GAAP/corporate reporting requirements.
• Preparation of quarterly financial statements for banking institutions.
• Treasury management, cash flow forecasting, liquidity planning and working capital management.
• Cost accounting, inventory valuation, product costing and variance analysis.
• Corporate taxation, statutory compliance and regulatory reporting.
• Accounts payable, accounts receivable and payroll accounting oversight.
• Budget consolidation and monitoring of departmental expenditure.
• Internal controls, financial governance and risk management.
• Coordination of internal and external audits.
• Banking relationships, financing and insurance administration.
• Asset accounting, fixed asset valuation and depreciation.
• ERP systems (Microsoft Dynamics preferred) and financial reporting systems.
• Contract review and commercial financial evaluation.
• Debt collection support for subsidiaries and customers.
• Leadership and development of finance staff.
• Collaboration with Production, Purchasing, Supply Chain, HR, Quality, IT and Corporate Finance.
• Liaison with banks, auditors, tax authorities, consultants, suppliers and customers.

Financial Management:

Plan, coordinate and oversee treasury, accounting, budgeting, taxation, cash management, financial analysis and cost control while ensuring compliance with company policies and applicable regulations.

Reporting:

Prepare timely monthly, quarterly and annual management reports, internal corporate reports, German GAAP reports and banking reports.

Budget & Cash Flow:

Develop annual budgets, monitor performance, analyse variances and maintain monthly cash flow forecasts.

Compliance & Audit:

Ensure statutory compliance, coordinate audits and maintain effective internal financial controls.

Leadership:

Supervise finance personnel, establish departmental procedures and support continuous improvement.

Health, Safety & Environment:

Report unsafe conditions, participate in HSE training, promote environmental protection and comply with waste handling and resource conservation requirements.

Qualifications:

Bachelor's Degree in Accounting/Finance or Chartered Accountant. MBA/Master's preferred.

Experience:

Minimum 35 years in a similar Finance Manager role, preferably in manufacturing.

Preferred Experience and Services:

• Monthly Financial Accounting
• Bookkeeping (day-to-day transactions)
• Provision accounting & fixed asset depreciation

1. Bank, creditor & debtor reconciliation

2. Salary & travel reimbursement accounting

• Banking & Reporting

1. Handling bank payments (payment initiation)

2. Monthly reporting to Shareholders (Trial Balance, P&L, Balance Sheet as per local GAAP)

• Customs Duty & Import-Export Compliance

• 1. Customs duty calculation, deposit & return filing
• 2. Coordination with Customs authorities & CHAs (Customs House Agents)
• 3. Import/Export documentation review (Bill of Entry, Shipping Bills)
• 4. Duty drawback claims & compliance
• 5. Advance License / EPCG / DFIA scheme compliance (if applicable)
• 6. Reconciliation of customs duty with GST input credit
• 7. Periodic review of ICEGATE portal for notices & communications

• Foreign Currency Financial Transactions
• Foreign currency payments/receipts (Import/export settlements)

• 1. Exchange rate risk monitoring & Forex gain/loss accounting
• 2. Cross-border remittances (royalty, technical fees, dividends, inter-company loans)
• 3. FEMA Compliance for foreign direct investment (FDI) / overseas transactions
• 4. External Commercial Borrowing (ECB) compliance & reporting (if applicable)
• 5. Coordination with AD category-I banks for forex transactions
• 6. Preparation of form A1 / A2
• 7. Foreign currency bank account reconciliation

• Direct Taxes (Income Tax)

• 1. TDS calculation, deposit & quarterly return filing
• 2. Advance Tax computation & deposit
• 3. Form 26AS reconciliation & Form 16/16B/TBR generation
• 4. Periodic review of Income Tax, SFT & TRACES portals for notices

• Indirect Taxes (GST)

• 1. Monthly GST calculation & deposit
• 2. RCM compliance
• 3. GSTR-1 & GSTR-3B filing (monthly/quarterly)
• 4. GSTR 2A/2B reconciliation & GSTR-7A filing
• 5. GST portal review for notices
• 6. GST on import of goods/services & IGST credit reconciliation

• Payroll & Employee Management

• 1. End-to-end payroll processing (master data, attendance, incentives, arrears, TDS/PF/PT/ESIC deductions)
• 2. Salary slips & Form 16 issuance
• 3. PF, PT & TDS statutory filings
• 4. Employee query resolution
• 5. New employee setup & full & final settlements
• 6. Leave Management System (LMS) oversight
• 7. Expense Claim Module administration

• Yearly & Audit Services

• 1. Final annual accounts as per Schedule III of Companies Act, 2013
• 2. Statutory audit coordination
• 3. Income Tax Return (ITR) filing
• 4. SFT & Annual Information Statement review
• 5. Transfer Pricing Documentation & audit coordination