Assistant Manager- Finance

Tenneco; Bhiwadi; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Tenneco seeks a seasoned Finance professional in Rajasthan to lead financial business cases, costing, and profitability analyses for manufacturing operations. You will assess profitability, investments, and risks for new opportunities and ICY projects, compare actuals against plans, and provide actionable recommendations to enhance financial performance.

Key duties include BOM validation, SAP costing support, margin analysis by product and customer, and close collaboration with Purchasing,

Qualifications

• Bachelor’s degree in finance, Accounting, or related field.
• 0•CA- Inter, MBA or CFA preferred.
• 10+ years of relevant experience in Finance in a Manufacturing environment.
• Strong communication and interpersonal skills.
• Detail oriented and proactive.
• Proficient in MS Office (Word/Excel/PowerPoint).

Responsibilities

• Prepare financial business cases for new business opportunities and ICY projects.
• Develop profitability, investment, and risk analyses for approvals.
• Review performance against approved cases and identify variances.
• Provide recommendations to improve profitability and performance.
• Review BOMs and costings; support product costing in SAP.
• Perform cost roll-ups and ensure costing accuracy.
• Conduct margin analysis for products and customers.
• Analyze transfer pricing, PPVs, and material cost fluctuations.
• Collaborate with Purchasing and Operations to drive cost reductions.
• Prepare periodic profitability, costing, and variance reports.
• Support budgeting and forecasting for product costs.
• Assist audits related to costing and inventory valuation.
• Partner with Sales, Engineering, Supply Chain, Manufacturing, and Finance on evaluations.

Skills

Communication skills

Interpersonal skills

Attention to detail

Highly organized

Ownership

Education

Bachelor’s degree in finance, Accounting, or related field

CA- Inter, MBA or CFA

Tools

Microsoft Word

Excel

PowerPoint

Job description

KEY RESPONSIBILITIES

Business Case & Financial Evaluation

• Prepare financial business cases for new business opportunities and ICY projects.
• Develop comprehensive business case analyses for TGM approval, including profitability, investment requirements, and risk assessment.
• Review actual business performance against TGM-approved business cases and identify variances.
• Provide recommendations to improve profitability and business performance.

Costing & Product Profitability Analysis

• Review and validate Bills of Material (BOM), activity-based costs, and manufacturing cost assumptions.
• Perform cost roll-up activities in SAP and ensure costing accuracy within the system.
• Support product costing for new products, engineering changes, and customer quotations.
• Conduct product-wise and customer-wise margin analysis to support commercial decisions.
• Monitor profitability trends and identify opportunities for cost optimization.

Pricing & Commercial Analysis

• Review transfer pricing (TP) structures and ensure compliance with company policies.
• Evaluate purchase price variances (PPV) and analyze the impact on product profitability.
• Assess material cost fluctuations and support pricing decisions accordingly.
• Analyze manufacturing wastage, scrap costs, and yield performance to identify improvement opportunities.
• Work closely with Purchasing and Operations teams to drive cost reduction initiatives.

Financial Reporting & Controls

• Prepare periodic profitability, costing, and variance analysis reports.
• Support budgeting, forecasting, and financial planning activities related to product costs.
• Ensure data integrity and accuracy in costing and financial systems.
• Support internal and external audit requirements related to costing and inventory valuation.

Cross-Functional Collaboration

• Partner with Sales, Engineering, Supply Chain, Manufacturing, and Finance teams on commercial evaluations.
• Provide financial insights for business decisions, customer negotiations, and operational improvements.
• Support management with ad-hoc financial analysis and strategic projects.

JOB REQUIREMENTS

• Bachelor’s degree in finance, Accounting, or related field required
• CA- Inter, MBA or CFA preferred
• 10+ years of relevant experience in Finance in a Manufacturing environment.
• Team player with excellent communication and interpersonal skills, with the ability to interact with senior executives, peers, junior members and external partners
• Adept at identifying priorities, taking initiative and ownership
• Highly organized, hands-on and detail oriented
• Ability to recognize improvement opportunities and execute
• Strong computer skills, including Microsoft Word, Excel, and PowerPoint