Titan - Manager - Costing - CA/ICWA

Job Details:

The purpose of the role is to support the organization's financial aspirations including driving revenue enhancing and cost optimizing strategies, and strengthening systems and processes.

External Interfaces:

• Auditors
• Consultants
• Vendors and Service Providers

Internal Interfaces:

• Business Finance Team
• Corporate Finance Team
• ISCM Team
• Marketing Team
• Merchandising Team
• HR and Admin Team
• IT Team
• Legal Team
• Other relevant stakeholders in Titan

Job Requirements:

Education:

• ICWA/CA

Relevant Experience:

• 8 - 12 years with managing a team of 2 to 3 people.

Behavioral Skills:

• Communication
• Relationship Building
• Curiosity
• Stakeholder Management
• Time Management
• Interpersonal Skills
• Presentation Skills
• Analytical Skills
• Business Acumen
• Team Management

Knowledge:

• Knowledge of Manufacturing Industry
• Specialized Knowledge of Costing
• Working knowledge of SAP/Oracle - FICO/ manufacturing modules, COPA modules
• Advanced knowledge of Excel
• Knowledge in usage of Analytical tools
• Functional knowledge of accounting
• Knowledge of regulatory statutes and guidelines

Process Contributions:

1. Finance: Business Partnering: Financial Planning and Analysis:

• Support finance decisions with in-depth analysis of monthly results and highlighting any significant variances to management in a periodic manner.
• Provide financial inputs in the annual operational planning process and the long-term forecasting process.
• Conduct financial analysis of actual manufacturing cost vs actuals, Make or Buy decisions, enable pricing decisions.
• Support other ad-hoc projects/new business initiatives.
• Capital Budgeting - preparation of ROI and Monitoring.
• Keep abreast with the leading practices on reporting systems, financial modelling and analysis techniques and drive implementation of the same.
• Monthly Account closure and Monitoring.
• Accurate and Timely Reports.
• Data enabled Decision Making.
• Adherence to timelines.
• Adherence to guidelines and standards.

2. Finance: Business Partnering: Functional Support:

• Prepare financial models and analyses so as to support strategic initiatives.
• Analyse financial information and reports to generate insights and provide corrective measures, if any to enable accurate and timely reporting to management.
• Support team with monthly reviews and business performance calls.
• Analyse and present financial and business forecasting reports to enable decision making.
• Analyse business policies by monitoring core financial and business-related aspects of the organization.
• Prepare profitability statements, monthly operating expenses sheet and support in pricing decisions.
• Monitor Core Accounting practices in line with laid down accounting policies.
• Accurate and Timely Reports.
• Data enabled Decision Making.
• Adherence to timelines.
• Adherence to guidelines and standards.

3. Finance: Business Partnering: Governance and Compliance:

• Drive the creation and implementation of effective governance, compliance and risk management frameworks across Titan to drive holistic performance and maintain reputation.
• Ensure pro-active input into preventative actions to address key business risks.
• Manage issues to mitigate impact and risk by early involvement.
• Guide resolution of issues and proactively create an environment where risk is avoided.
• Champion the embedding of a compliance culture within Titan.
• Risk Mitigation.
• Championing of compliance culture.
• Adherence to timelines.
• Adherence to guidelines and standards.

4. Finance: General Management: People Management:

• Drive a performance driven culture in the team by reviewing performance parameters and providing feedback to the team.
• Contribute in talent development by providing subordinates with adequate exposure and growth opportunities.
• Ensure periodic follow-up with the recruitment team to fill the vacant positions within stipulated time.
• Improvement in team performance.
• Adherence to timelines.
• Quality of feedback.

5. Finance: Costing Operations:

• Annual Run of SCE, validate the business assumptions, suggest improvements in SCE process.
• Evaluate Costing process - in line with business operations and implement changes as required.
• Process Improvement and Enabling decision making.
• Adherence to timelines.
• Adherence to guidelines and standards.