Asst. Manager Finance

Institute of Management Accountants, Inc.; India; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Institute of Management Accountants, Inc. seeks an Asst. Manager Finance in India to support strategic planning, forecasting, and monthly close for the plant. You will analyze performance, prepare cost/margin analyses, and build financial models for productivity and capex initiatives.

Responsibilities include P&L and balance sheet review, adherence to Indian/US GAAP and SOX controls, and coordinating audits with cross-functional teams to ensure accurate reporting and continuous improvement.

Qualifications

• CA / CMA / MBA Finance or equivalent qualification.
• 3-5 years of experience in Manufacturing Finance, Accounting, FP&A, or Plant Finance.
• Experience with GAAP and SOX controls is a plus.

Responsibilities

• Support strategic plans, profit plans, forecasts, and monthly outlooks.
• Analyze performance vs forecasts and budgets; provide variance commentary.
• Prepare P&L statements, balance sheet reconciliations, and cost/margin analyses.
• Assist Plant Controller and participate in productivity and capex initiatives.

Skills

Indian GAAP

US GAAP

SOX compliance

Cost accounting

Inventory accounting

Analytical thinking

Stakeholder management

Cross-functional collaboration

Attention to detail

Education

CA/CMA/MBA Finance

Tools

Oracle R12

ERP Systems

Excel

Financial Modeling

Power BI

Job description

Asst. Manager Finance

What you\'ll do

Eaton announced, on June 11, 20206, the intent to combine its Mobility Group (including both the Vehicle and eMobility segments) with a new company. We expect to complete this process by the end of the first half of 2027. The compensation and benefits that will initially be offered for this position are based on Eaton's plans, programs and practices. If you are offered and accept this position and are actively employed by the Mobility Group when the transaction closes, the new company will provide further details to employees concerning compensation and benefits at that time.

Financial Planning, Analysis & Forecasting

Support the preparation and consolidation of Strategic Plans, Profit Plans, Forecasts, and Monthly Outlooks for the plant. Analyze financial performance against forecasts and budgets, identify variances, and provide detailed commentary and recommendations to management. Prepare sales, margin, product line, and cost analysis to support operational and strategic decision-making. Assist the Plant Controller in developing financial models and business cases for productivity, capital expenditure, and cost reduction initiatives.

II. Accounting & Financial Reporting

Prepare and review monthly Profit & Loss Statements, Balance Sheet schedules, and supporting reconciliations to ensure accurate and timely financial reporting. Ensure compliance with US GAAP, local statutory requirements, Eaton corporate policies, and internal accounting procedures. Perform detailed review and analysis of financial statements, trial balances, journal entries, accruals, and account reconciliations.

III. Internal Controls & Compliance

Support the implementation and monitoring of internal controls and SOX compliance requirements to safeguard company assets and ensure financial integrity. Ensure timely completion of Balance Sheet reconciliations and resolution of reconciling items through collaboration with cross-functional teams. Coordinate and support internal audits, statutory audits, and corporate audit requirements, ensuring timely closure of audit observations.

IV. Systems & Continuous Improvement

• Timely completion of Monthly, Quarterly, and Annual Financial Close.
• Timely preparation of Strategic Plan, Profit Plan, and Forecast submissions.
• Accuracy of Forecasts and Financial Reporting.
• Completion of Monthly Balance Sheet Reconciliations.
• Support for Internal, Statutory, and SOX Audits with minimal findings.
• Support for Inventory, Payroll, Operating Expense, and Fixed Asset Accounting.
• Participation in Productivity and Cost Improvement Initiatives.

Qualifications

• CA / CMA (ICWA) / MBA Finance or equivalent professional qualification.
• 3-5 years of experience in Manufacturing Finance, Accounting, FP&A, or Plant Finance.

Skills

Technical Knowledge

• Strong knowledge of Indian GAAP and US GAAP.
• Understanding of SOX compliance and internal controls.
• Knowledge of cost accounting and inventory accounting.

Systems Knowledge

• Oracle R12 / ERP Systems preferred.
• Advanced Microsoft Excel.
• Financial Modeling and Data Analysis.
• Exposure to Power BI or other reporting tools preferred.

Competencies

• Business Partnership
• Analytical Thinking
• Attention to Detail
• Effective Communication
• Continuous Improvement Mindset
• Planning & Organizing
• Problem Solving
• Team Collaboration Skills:- ? Works closely with cross-functional teams to provide financial insights and support business decisions.
• ? Requires strong stakeholder management and communication skills within a matrix organization.
• ? Must demonstrate a high level of integrity, accountability, and commitment to compliance.
• ? Supports continuous improvement, automation, and productivity initiatives across the plant.
• ? Provides backup support to the Plant Controller in key financial processes when required.