Associate Manager Finance

Titan Engineering and Automation (TEAL); Krishnagiri District; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Titan Engineering and Automation (TEAL) in India is seeking a Chartered Accountant or CMA with 3+ years post-qualification experience in a manufacturing environment to lead project controlling, costing, and financial reporting. You will support revenue recognition under POCM, product costing, inventory control, cash flow and capex evaluations.

The role focuses on internal controls, audit support, and delivering timely, actionable insights to drive cost efficiency and strategic planning within

Qualifications

• CA/CMA with 3+ years post-qualification experience in a manufacturing environment.
• Experience in POCM (Percentage of Completion Method) will be an added advantage.
• Experience in costing, inventory management, project accounting, AP and AR.

Responsibilities

• Support project financial monitoring, including costs, revenues and margins; assist in revenue recognition under POCM.
• Prepare product costing and pricing analysis; support variance analysis against budgets, forecasts and business plans.
• Identify cost optimization opportunities; monitor inventory performance and controls; and prepare savings reports.
• Assist in preparing Cash Flow reporting and rolling 4-week Cash flow projections; support CCC monitoring.
• Prepare and report financials, including actuals and forecasts, with variance analysis and actionable insights.
• Prepare financial models for Capex evaluations and support investment decision processes and government incentives.
• Support Divisional Finance Head in business planning, including forecasts, revisions and simulations.
• Support internal controls; monitor effectiveness and mitigate business risks.
• Assist audit activities (internal, external, statutory) ensuring compliance and timely closure of findings.

Education

CA/CMA qualification

Job description

Role & responsibilities

Project Controlling & Accounting: -Support project financial monitoring, including costs, revenues, and margins; assist in revenue recognition under the Percentage of Completion Method (POCM) and ensure compliance with contractual terms and applicable accounting policies.

Product Pricing & Costing: Prepare product costing and pricing analysis. Support variance analysis by comparing actual performance against budgets, forecasts, and business plans.

Inventory Management & Cost improvement: Identify cost optimization opportunities, support improvement initiatives, monitor inventory performance and controls, and prepare savings reports.

Cash Flow: Assist in preparing the Cash Flow reporting along with rolling 4-week Cash flow projections. Support Cash Conversion Cycle (CCC) monitoring and working capital improvement initiatives.

Reporting - Prepare and report financials, including actuals and forecasts, ensuring timely and accurate reporting, variance analysis, and actionable business insights.

Capex Evaluations - Prepare financial models for projects and support the evaluation of capital investment decisions and applicable government incentives.

Business Planning - Support the Divisional Finance Head in the Business planning exercise of the division. Perform forecasts, revisions, and simulations, wherever necessary.

Internal Controls - Support internal control compliance, monitor control effectiveness, and assist in identifying and mitigating business risks.

Audit & Compliance - Support internal, external, and statutory audit activities, ensuring compliance, timely documentation, and closure of audit findings.

Preferred candidate profile

• Qualified CA/CMA with 3+ years of post-qualification experience, preferably a first-attempt qualifier, with experience in a manufacturing environment.
• Experience in the Percentage Completion Method POCM will be an added advantage.
• Experience in costing, inventory management, project accounting, accounts payable (AP), and accounts receivable (AR).