Chief Manager Finance

Sterlite Power; Silvassa; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

Sterlite Power is seeking a Finance Manager to lead FP&A, costing and order book management, directing budgeting, forecasting and strategic financial planning.

The ideal candidate holds a CA or CMA with 9–12+ years in finance, including 3+ years in a managerial role in manufacturing, and will partner with operations, sales, SCM and HR to drive profitability and compliance.

Qualifications

• CA or CMA and accounting certification.
• 9–12+ years of finance experience.
• Minimum 3 years in a managerial role, preferably in manufacturing.
• Strong knowledge of regulatory standards.

Responsibilities

• Lead FP&A, budgeting, forecasting and long-term financial planning.
• Oversee costing, order book management, and cost control.
• Ensure timely financial reporting and compliance.
• Manage cash flow, working capital, and liquidity.
• Assess product margins and pricing impacts with production teams.
• Develop and mentor finance team; collaborate with operations, sales, SCM & HR.

Skills

FP&A

Costing

Budgeting

Financial analysis

Cash flow management

Risk management

Team leadership

Manufacturing finance

Education

CA

CMA

Job description

JOB SUMMARY
We are seeking a highly skilled and experienced Finance Manager to join our team to lead FP&A, Costing, Order Book Management etc related activities. The ideal candidate will have a strong background in financial management, manufacturing accounting, and budgeting, with the ability to contribute to strategic decision-making processes. Finance Manager will be responsible for overseeing the company's financial activities, ensuring compliance with regulatory requirements, and helping to drive profitability and operational efficiency.

Key Result Areas:

Financial Planning & Analysis:

• Prepare and manage the annual budget and financial forecasts.
• Conduct detailed financial analysis to identify trends, variances, and key performance indicators (KPIs).
• Provide recommendations to senior management for cost-saving opportunities and efficiency improvements.
• Assist in the development of long-term financial strategies aligned with company goals.

Reporting & Compliance:

• Oversee monthly, quarterly, and annual financial reporting to management and stakeholders.
• Ensure all financial reports are accurate, timely, and compliant with regulatory standards and industry practices.
• Manage the preparation of statutory financial statements, including balance sheets, income statements, and cash flow reports.
• Coordinate internal and external audits, ensuring proper compliance with legal and tax regulations.

Cash Flow Management:

• Monitor cash flow, working capital, and liquidity to ensure operational efficiency.
• Implement strategies to optimize cash flow and manage day-to-day financial operations.
• Oversee receivables and payables processes, ensuring timely collection and payment.

Cost Control & Profitability:

• Analyze cost structures, including raw materials, labor, and overhead costs in the manufacturing process.
• Develop and monitor cost control measures to improve profitability and reduce waste.
• Work closely with the production team to assess product margins and suggest pricing adjustments.

Risk Management:

• Identify financial risks and develop strategies to mitigate, particularly in areas like commodity price fluctuations, currency risks, and economic downturns.
• Ensure adequate financial controls are in place to safeguard company assets.
• Ready to deal with uncertainty

Team Leadership & Development:

• Team leader & Ability to drive performance
• Lead, mentor, and develop the team to improve skills, productivity, and overall performance.
• Foster a culture of collaboration between the finance department and other functional areas of the company (e.g., Operations, Sales, SCM & HR).

Qualifications:
Educational Qualifications: CA or CMA

Experience (Years and Type): Minimum of 9-12+ years of experience in finance, with at least 3 years in a managerial role, preferably within a manufacturing environment.